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 ↗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 ↗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 ↗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 ↗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.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 1417 LASALLE AVE MINNEAPOLIS MN 55403 | THE COMMODORE LLC | APARTMENT | $2,750,000 | 134 ft |
| 12 15TH ST W MINNEAPOLIS MN 55403 | CP4 HARLO LLC | APARTMENT | $4,014,000 | 154 ft |
| 21 14TH ST W MINNEAPOLIS MN 55403 | KENSINGTON APARTMENTS LLP | APARTMENT | $2,000,000 | 172 ft |
| 18 15TH ST W MINNEAPOLIS MN 55403 | CP4 HARLO LLC | APARTMENT | $7,456,000 | 177 ft |
| 1424 NICOLLET AVE MINNEAPOLIS MN 55403 | PERCANSKY PROPERTIES LLC | COMMERCIAL-PREFERRED | $849,800 | 197 ft |
| 1425 LASALLE AVE MINNEAPOLIS MN 55403 | SOLEIL PROPERTIES LLC | APARTMENT | $2,925,000 | 229 ft |
| 1413 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | LAND-COMMERCIAL | $440,000 | 239 ft |
| 1411 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | COMMERCIAL-PREFERRED | $946,600 | 268 ft |
| 1405 NICOLLET AVE MINNEAPOLIS MN 55403 | WOODDALE CHURCH | COMMERCIAL-PREFERRED | $0 | 281 ft |
| 1401 NICOLLET AVE MINNEAPOLIS MN 55403 | TRAN HOLDINGS LLC | COMMERCIAL-PREFERRED | $788,500 | 301 ft |
Most Recent Sale
Current Tax Year