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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
No permits found in Minneapolis open data for this parcel.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
Zip code 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 20 3RD ST N MINNEAPOLIS MN 55401 | 17 WASHINGTON PROP OWNER LLC | LAND-COMMERCIAL | $2,193,200 | 120 ft |
| 21 WASHINGTON AVE N MINNEAPOLIS MN 55401 | 17 WASHINGTON PROP OWNER LLC | VACANT LAND-APARTMENT | $1,766,000 | 207 ft |
| 24 3RD ST N MINNEAPOLIS MN 55401 | MCKESSON BUILDING LLC | COMMERCIAL-PREFERRED | $4,270,000 | 216 ft |
| 241 1ST AVE N MINNEAPOLIS MN 55401 | MARTIN INVSTMENTS L P | COMMERCIAL-PREFERRED | $2,043,000 | 220 ft |
| MN | Unknown | — | — | 275 ft |
| MN | Unknown | — | — | 275 ft |
| MN | Unknown | — | — | 275 ft |
| MN | Unknown | — | — | 275 ft |
| MN | Unknown | — | — | 275 ft |
| MN | Unknown | — | — | 275 ft |
Current Tax Year