252 1st Ave N, Minneapolis, MN 55401 Property Records

Hennepin County property record for 252 1st Ave N, Minneapolis, MN 55401

Property Summary

Property TypeCommercial
Details10,305 sqft · built 1912
Lot Size0.08 acres (3,485 sqft)
OwnerCompany Name on File
Last Sale$2,494,750 (Oct 2025)
Tax Bill$21,483 (2025)
Deeds & MortgagesOct 2025 Sale
Feb 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN22-029-24-41-0058

Property Details

APN / Parcel Number

Primary APN22-029-24-41-0058

Interior

Stories2 Stories
Building Area10,305 sqft Gross Area
1st Floor Area3,425 sqft
Basement Area3,440 sqft

Exterior

Year BuiltBuilt 1912
Effective Year BuiltEffective 1912
Exterior MaterialStucco
Construction TypeConcrete
Roof TypeFlat
Roof MaterialTar & Gravel
Lot Area3,485 sqft (0.08 acres)
Garage TypeDetached

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address252 1ST AVE N
CityMINNEAPOLIS
StateMN
Zip55401-1608
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeB4S-1
Legal DescriptionLOT 005 BLOCK 055 A TOWN OF MINNEAPOLIS SELY 24FT OF NELY 40FT OF SWLY 80FT OF LOT 4 AND THE NELY 40FT OF THE SWLY 80 FT OF LOT 5 3600 SQ. FT.
Legal Range24
Legal Township029
Legal Section22
Legal Quarter41
Legal SubdivisionTOWN OF MINNEAPOLIS
Legal Block55
Legal Lot Number5
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNEAPOLIS
Census Block Group5
Census Block5009
Census Tract126102

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Minneapolis Warehouse Historic District
listed 1989 · 142 contributing resources · NRIS 89001937

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

252 1st Ave N, a commercial property, is owned by a company that bought it in October 2025.

Source: Hennepin County records, as of July 7, 2026

Owner of RecordCompany Name on File
Mailing Address206 N 1ST ST, MINNEAPOLIS, MN 55401-1404
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 30, 2025Warranty Deed, Transfer
Feb 27, 2023Land Contract, Transfer · Land Contract
NOT AVAILABLE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 30, 2025 · Amount on File
Deed SaleOct 30, 2025 · Amount on File
Prior SaleFeb 27, 2023 · Amount on File
Deed Document Number202511414839
Record UpdatedSep 20, 2026

October 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateOct 30, 2025
Property Address252 1ST AVE N, MINNEAPOLIS, MN 55401-1608
Document Number0A11414839
Instrument DateNov 12, 2024
InstrumentA11414839
Transaction TypeTransfer
Record UpdatedMay 12, 2026

Transaction

AmountAmount on Record
Tax$8,232.68
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address206 N 1ST ST, MINNEAPOLIS, MN 55401-1404

February 2023: Land Contract, Transfer

Document TypeLand Contract
JurisdictionHENNEPIN MN
Recording DateFeb 27, 2023
Property Address252 1ST AVE N, MINNEAPOLIS, MN 55401-1608
Document Number0A11183979
Instrument DateFeb 24, 2023
InstrumentA11183979
Transaction TypeTransfer
Record UpdatedMay 12, 2026

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address451 TAFT ST NE, MINNEAPOLIS, MN 55413-2831

Transferred To (Grantee/Buyer)

NameVerified Name
Address206 N 1ST ST, MINNEAPOLIS, MN 55401-1404

Mortgage

DateFeb 27, 2023
Lender
NameNOT AVAILABLE
Agreement
TypeLand Contract
AmountAmount on Record
Term18 Months
DueAug 24, 2024
Interest
Rate3.75%

Tax Assessment & Valuation

The 2025 property tax bill for 252 1st Ave N was $21,483.

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityMinneapolis City
Unified School DistrictMinneapolis Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$21,483.00$550,800 (-1%) Land $342,000 Building $208,800$550,800 (-1%) Land $342,000 Building $208,800
2024$612,000 Land $558,000 Building $54,000$612,000 Land $558,000 Building $54,000
2023$23,212.00
2022$640,000 Land $522,000 Building $118,000$640,000 Land $522,000 Building $118,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 252 1st Ave N in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 252 1st Ave N has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot 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 SystemMinneapolis
serves 425,300 people · EPA ID MN1270024
Water SourceSurface water
Last State InspectionSep 2024
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 118 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 2,000
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Verizon.

Nearby Properties on 1st Ave N

Nearby Streets

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