137 E Franklin Ave, Minneapolis, MN 55404 Property Records

Hennepin County property record for 137 E Franklin Ave, Minneapolis, MN 55404

Property Summary

Property Type	Commercial
Details	1,884 sqft · built 1966
Lot Size	0.21 acres (9,148 sqft)
Owner	Company Name on Record
Last Sale	$410,900 (May 2022)
Tax Bill	$15,436 (2025)
Deeds & Mortgages	May 2022 Sale & Mortgage Jan 2022 Sale & Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`34-029-24-12-0017`

Property Details

APN / Parcel Number

Primary APN	`34-029-24-12-0017`

Interior

Stories	1 Story
Building Area	1,884 sqft Gross Area
1st Floor Area	1,884 sqft

Exterior

Year Built	Built 1966
Effective Year Built	Effective 1966
Exterior Material	Glass
Construction Type	Concrete
Roof Type	Flat
Roof Material	Asphalt
Lot Area	9,148 sqft (0.21 acres)
Lot Dimensions	127 ft deep x 72 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	137 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55404-2502
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C1
Legal Description	LOT 001 BLOCK 002 A REMINGTONS ADDN TO MPLS 72.00 X 127.00
Legal Range	24
Legal Township	029
Legal Section	34
Legal Quarter	12
Legal Subdivision	REMINGTONS ADDN TO MPLS
Legal Block	2
Legal Lot Number	1
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1004
Census Tract	106900

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	708 UNIVERSITY AVE SE, MINNEAPOLIS, MN 55414-2242
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
May 17, 2022	Warranty Deed, Transfer · Commercial Mortgage COULEE BANK
Jan 3, 2022	Land Contract, Transfer · Land Contract NOT AVAILABLE
Jan 3, 2022	Warranty Deed, Transfer NORTH GA TITLE INC, NORTH TITLE INC
Jan 3, 2022	Warranty Deed, Transfer NORTH GA TITLE INC, NORTH TITLE INC
May 25, 2021	Warranty Deed, Transfer RESULTS TITLE
Jun 14, 2021	Land Contract, Transfer · Land Contract NOT AVAILABLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 17, 2022 · Amount on Record
Deed Sale	May 17, 2022 · Amount on Record
Prior Sale	Jan 3, 2022 · Amount on Record
Deed Document Number	202211109326
Record Updated	Sep 20, 2026

May 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 17, 2022
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A11109326
Instrument Date	May 12, 2022
Instrument	A11109326
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	GIBRALTAR TITLE COMPANY, GIBRALTAR TITLE AGENCY LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,355.97
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	708 UNIVERSITY AVE SE, MINNEAPOLIS, MN 55414-2242

Mortgage

Document Number	0A11109327
Date	May 17, 2022
Instrument	A11109327

Lender

Name	COULEE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	May 12, 2027

January 2022: Land Contract, Transfer

Document Type	Land Contract
Jurisdiction	HENNEPIN MN
Recording Date	Jan 3, 2022
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A11063188
Instrument Date	Nov 15, 2021
Instrument	A11063188
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	NORTH GA TITLE INC, NORTH TITLE INC

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502

Mortgage

Date	Jan 3, 2022

Lender

Name	NOT AVAILABLE

Agreement

Type	Land Contract
Amount	Amount Recorded
Term	11 Months
Due	Nov 30, 2022

Interest

Rate	6.8%

January 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 3, 2022
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A11063187
Instrument Date	Nov 15, 2021
Instrument	A11063187
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	NORTH GA TITLE INC, NORTH TITLE INC

Transaction

Amount	Amount Recorded
Tax	$1,355.97
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2533 24TH AVE S, MINNEAPOLIS, MN 55406-4127

January 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 3, 2022
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A11063186
Instrument Date	Nov 15, 2021
Instrument	A11063186
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	NORTH GA TITLE INC, NORTH TITLE INC

Transaction

Amount	Amount Recorded
Tax	$1,553.97
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 25, 2021
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A10967111
Instrument Date	Apr 14, 2021
Instrument	A10967111
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	RESULTS TITLE

Transaction

Amount	Amount Recorded
Tax	$1,487.97
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5707 HIGHWAY 7 APT 415, 415, MINNEAPOLIS, MN 55416-5204

June 2021: Land Contract, Transfer

Document Type	Land Contract
Jurisdiction	HENNEPIN MN
Recording Date	Jun 14, 2021
Property Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502
Document Number	0A10975429
Instrument Date	Apr 14, 2021
Instrument	A10975429
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	NORTH GA TITLE INC, NORTH TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	137 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2502

Mortgage

Date	Jun 14, 2021

Lender

Name	NOT AVAILABLE

Agreement

Type	Land Contract
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$15,436.00 (+36.6%)	$500,000 (+28.21%) Land $164,800 Building $335,200	$500,000 (+28.21%) Land $164,800 Building $335,200
2023	$11,300.00
2022		$390,000 Land $165,000 Building $225,000	$390,000 Land $165,000 Building $225,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 329 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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