Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2017 · $87K total declared value · Most recent: Jul 2021 (roofwind)
NORTHRUP ROOFING AND REMODELING
Yale Mechanical
TWIN CITY HARDWARE
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1508 LAKE ST E MINNEAPOLIS MN 55407 | JIGJIGA BUSINESS CENTER LLC | COMMERCIAL-NON PREFERRED | $2,526,000 | 89 ft |
| 2933 15TH AVE S MINNEAPOLIS MN 55407 | JIGJIGA BUSINESS CENTER LLC | LAND-COMMERCIAL | $357,200 | 151 ft |
| 1418 LAKE ST E MINNEAPOLIS MN 55407 | OSMAN & LUL PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,464,100 | 160 ft |
| 1518 LAKE ST E MINNEAPOLIS MN 55407 | MARIA LALA | COMMERCIAL-PREFERRED | $1,100,000 | 179 ft |
| 2932 15TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $241,300 | 182 ft |
| 1501 LAKE ST E MINNEAPOLIS MN 55407 | OCAMPO PLAZA LLC | COMMERCIAL-PREFERRED | $1,020,000 | 189 ft |
| 1507 LAKE ST E MINNEAPOLIS MN 55407 | OCAMPO PLAZA LLC | COMMERCIAL-PREFERRED | $573,000 | 189 ft |
| 1509 LAKE ST E MINNEAPOLIS MN 55407 | LOPEZ REAL ESTATE LLC | COMMERCIAL-PREFERRED | $449,000 | 198 ft |
| 2930 15TH AVE S MINNEAPOLIS MN 55407 | AURORA MERCHAN INAMAGUA | RESIDENTIAL | $212,400 | 200 ft |
| 2920 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARIA LALA | LAND-COMMERCIAL | $349,700 | 218 ft |