90 HENNEPIN AVE MINNEAPOLIS MN 55401

PID: 2302924230072

Property Overview

Parcel ID2302924230072

Lot Size282,665 sq ft (6.489 ac)

Lot Dimensions (est.)526 ft wide × 537 ft deep

Year Built1997

Property ClassCOMMERCIAL-PREFERRED

OwnerFEDERAL RESERVE BANK OF MPLS

Assessed Value$36,468,000

Land Value$16,960,000

Building Value$19,508,000

Annual Tax$1,261,266

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

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 ↗

Potential programs

Met Council Livable Communities GrantMedium

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

North Loop · Minneapolis

Median reported rent2,098/mo

Renter-occupied65.1%

Median home value$370K

Vacancy rate7.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02

Market Snapshot

Zip code 55401

Median sale price$410K-14.2% YoY

Median price / sqft$331/sqft

Median days to close70 days

Active listings86

Source: Redfin Data Center (Invalid Date) · Zip 55401

Zoning

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width526 ft

Buildable depth537 ft

Area~282,462 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
21 1ST AVE N MINNEAPOLIS MN 55401	FEDERAL RESERVE BANK OF MPLS	LAND-COMMERCIAL	$191,500	184 ft
23 1ST AVE N MINNEAPOLIS MN 55401	FEDERAL RESERVE BANK OF MPLS	LAND-COMMERCIAL	$135,700	200 ft
105 RIVER ST MINNEAPOLIS MN 55401	FEDERAL RESERVE BANK OF MPLS	LAND-COMMERCIAL	$0	229 ft
2 HENNEPIN AVE MINNEAPOLIS MN 55401	CITY OF MPLS PARK BD	LAND-COMMERCIAL	$0	284 ft
110 1ST ST N MINNEAPOLIS MN 55401	THE ARCHIVE APARTMENTS LLC	APARTMENT	$4,941,300	295 ft
104 1ST ST N MINNEAPOLIS MN 55401	THE ARCHIVE APARTMENTS LLC	APARTMENT	$7,414,500	297 ft
120 1ST ST N MINNEAPOLIS MN 55401	THE ARCHIVE APARTMENTS LLC	APARTMENT	$32,141,300	302 ft
102 1ST ST N MINNEAPOLIS MN 55401	THE ARCHIVE APARTMENTS LLC	APARTMENT	$6,183,000	303 ft
100 1ST ST N MINNEAPOLIS MN 55401	FEDERAL RESERVE BANK OF MPLS	COMMERCIAL-PREFERRED	$2,063,400	310 ft
124 1ST ST N MINNEAPOLIS MN 55401	PIGNEWT CHASE LLC	COMMERCIAL-PREFERRED	$1,240,700	332 ft

Property History

Current Tax Year

Year2026

Tax Due$1,261,266