Hennepin County property record for 1507 E Franklin Ave, Minneapolis, MN 55404
| Property Type | Commercial |
|---|---|
| Details | 20,190 sqft · built 1946 |
| Lot Size | 0.49 acres (21,344 sqft) |
| Owner | Company Name on Record |
| Last Sale | $5,500,000 (Nov 2020) |
| Tax Bill | $54,524 (2025) |
| Deeds & Mortgages | Nov 2020 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 35-029-24-12-0211 |
| Primary APN | 35-029-24-12-0211 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 20,190 sqft Gross Area |
| 1st Floor Area | 18,750 sqft |
| Basement Area | 1,440 sqft |
| Year Built | Built 1946 |
|---|---|
| Effective Year Built | Effective 1946 |
| Exterior Material | Wood |
| Construction Type | Concrete |
| Roof Type | Flat |
| Roof Material | Tar & Gravel |
| Lot Area | 21,344 sqft (0.49 acres) |
| Lot Dimensions | 131 ft deep x 167 ft wide |
| Garage Type | Detached |
| Cooling System | HVAC |
|---|---|
| Heating System | HVAC |
| Street Address | 1507 E FRANKLIN AVE |
|---|---|
| City | MINNEAPOLIS |
| State | MN |
| Zip | 55404 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | I1 |
| Legal Description | LOT 004 BLOCK 001 A ELIOTS ADDN TO MPLS LOTS 3 4 AND 5 EXCEPT PART TAKEN FOR STREET 167.70 X 131.60 |
| Legal Range | 24 |
| Legal Township | 029 |
| Legal Section | 35 |
| Legal Quarter | 12 |
| Legal Subdivision | ELIOTS ADDN TO MPLS |
| Legal Block | 1 |
| Legal Lot Number | 4 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | MINNEAPOLIS |
| Census Block Group | 2 |
| Census Block | 2000 |
| Census Tract | 106000 |
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 | 1433 E FRANKLIN AVE, 12, MINNEAPOLIS, MN 55404-2101 |
| Owner Type | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 4, 2020 · Amount on Record |
| Deed Sale | Nov 4, 2020 · Amount on Record |
| Prior Sale | Jan 9, 2008 · Amount on Record |
| Deed Document Number | 20205765837 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Nov 4, 2020 |
| Property Address | 1507 E FRANKLIN AVE, MINNEAPOLIS, MN 55404 |
| Document Number | 0005765837 |
| Instrument Date | Oct 27, 2020 |
| Instrument | 5765837 |
| Transaction Type | Transfer |
| Record Updated | Dec 4, 2020 |
| Title Company | BANKERS TITLE CORPORATION, BANKERS TITLE CORP. |
| Amount | Amount Recorded |
|---|---|
| Tax | $18,700.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 556 AURORA AVE ST PAUL MN 551032262, ST PAUL, MN 55103-2262 |
Source: Hennepin County assessment roll, as of June 23, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Minneapolis City |
| Unified School District | Minneapolis Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $54,524.00 (+3.98%) | $1,560,000 (-) Land $353,100 Building $1,206,900 | $1,560,000 (-) Land $353,100 Building $1,206,900 |
| 2024 | $52,439.00 (+43.7%) | $1,560,000 (+40.67%) Land $282,500 Building $1,277,500 | $1,560,000 (+40.67%) Land $282,500 Building $1,277,500 |
| 2023 | $36,492.00 | ||
| 2022 | $1,109,000 Land $282,500 Building $826,500 | $1,109,000 Land $282,500 Building $826,500 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
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.
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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 248 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| CenturyLink Fiber · DSL in parts of the area | 8,000 / 8,000 |
| Xfinity Cable | 2,000 / 2,000 |
| Verizon Fixed Wireless | 1,000 / 75 |
| PCs for People Fixed Wireless | 100 / 100 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: T-Mobile.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures