Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Rice Street Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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 ↗The Rice Street corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
5 permits on record since 2019 · $19K total declared value · Most recent: Aug 2022 (fence)
TOWN & COUNTRY FENCE
EDMUND GALLAGHER FAST EDDY'S FLAGS & SIGNS
SV5 GROUP LLC
SV5 GROUP LLC
SV5 GROUP LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Frogtown Neighborhood Association · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 327
Light Industrial — low-impact manufacturing and warehousing
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 5-over-1 podium (12–50 units) benchmarks for 11,725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 0 RICE ST | RUSS DAVIS WHOLESALE INC | INDUSTRIAL, VACANT LAND | $64,500 | 111 ft |
| 159 PENNSYLVANIA AVE W | AGS MANAGEMENT INC | AUTOMOTIVE SERVICE STATION | $667,100 | 118 ft |
| 0 PENNSYLVANIA AVE W | GSA2 GROUP LLC | INDUSTRIAL, VACANT LAND | $51,100 | 192 ft |
| 0 RICE ST | CHESEBROUGH PONDS INC | COMMERCIAL VACANT LAND | $205,800 | 251 ft |
| 620 RICE ST | YER M LOR CHENG LOR | AUTOMOTIVE SERVICE STATION | $357,800 | 289 ft |
| 629 RICE ST | HOLIDAY STATION STORES INC | CONVENIENCE STORE | $2,517,700 | 294 ft |
| 162 PENNSYLVANIA AVE W | 7 POUNDS LLC | SMALL STRIP CENTER | $1,526,100 | 321 ft |
| 0 RICE ST | NAEGELE OUTDOOR ADV CO | INDUSTRIAL, VACANT LAND | $112,200 | 338 ft |
| 616 RICE ST | ETHIOPIAN COMMUNITY IN MINNESOTA | EXEMPT, WELFARE/CHARIT FACILITY | $381,000 | 377 ft |
| 125 WINTER ST W | CRYSTAL MCCLURE | TWO FAMILY DWELLING - UP/DWN | $318,800 | 382 ft |
Most Recent Sale