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 a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
29 permits on record since 2001 · $22.9M total declared value · Most recent: Jun 2025 (commercial minor)
RYAN MECHANICAL INC
TRI-Construction, Inc.
Preventive Mechanical Service LLC
RAVEN CONSTRUCTION INC
Galaxy Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Longfellow · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1074
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 |
|---|---|---|---|---|
| 2935 27TH AVE S MINNEAPOLIS MN 55406 | COLISEUM 2708 BLDG OWNER LLC | COMMERCIAL-PREFERRED | $378,600 | 126 ft |
| 2716 LAKE ST E MINNEAPOLIS MN 55406 | MOS REAL ESTATE LLC | COMMERCIAL-PREFERRED | $266,500 | 142 ft |
| 2932 28TH AVE S MINNEAPOLIS MN 55406 | M&S PROPERTIES LLC | LAND-COMMERCIAL | $287,000 | 210 ft |
| 2709 LAKE ST E MINNEAPOLIS MN 55406 | 2709 EAST LAKE LLC | LAND-COMMERCIAL | $405,800 | 212 ft |
| 2726 LAKE ST E MINNEAPOLIS MN 55406 | GRAY DOG HOLDINGS | COMMERCIAL-PREFERRED | $1,092,500 | 220 ft |
| 2931 26TH AVE S MINNEAPOLIS MN 55406 | MINNEHAHA CROSSING LLC | COMMERCIAL-PREFERRED | $1,430,000 | 249 ft |
| 2629 LAKE ST E MINNEAPOLIS MN 55406 | SHOA MOTAMEDI | TRIPLEX | $950,000 | 278 ft |
| 2610 LAKE ST E MINNEAPOLIS MN 55406 | LONGFELLOW CROSSROADS LLC | COMMERCIAL-PREFERRED | $2,400,000 | 281 ft |
| 3009 27TH AVE S MINNEAPOLIS MN 55406 | 2709 EAST LAKE LLC | LAND-COMMERCIAL | $139,800 | 282 ft |
| 2621 LAKE ST E MINNEAPOLIS MN 55406 | EAST LAKE HOLDINGS LLC | LAND-COMMERCIAL | $29,200 | 297 ft |