2823 E Franklin Ave, Minneapolis, MN 55406 Property Records

Hennepin County property record for 2823 E Franklin Ave, Minneapolis, MN 55406

Property Summary

Property Type	Commercial
Details	25,364 sqft · built 2008
Lot Size	1.23 acres (54,014 sqft)
Owner	Company Name on Record
Last Sale	$1,722,500 (Feb 2008)
Tax Bill	$111,260 (2025)
Deeds & Mortgages	Sep 2023 Line of Credit Dec 2019 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`36-029-24-11-0181`

Property Details

APN / Parcel Number

Primary APN	`36-029-24-11-0181`
Alternative APN	`3602924110031`

Interior

Stories	1 Story
Building Area	25,364 sqft Gross Area
1st Floor Area	19,501 sqft

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Exterior Material	Concrete
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	54,014 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C

Location & Zoning

Street Address	2823 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55406-1127
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C2
Legal Description	LOT 037 BLOCK 002 A FAIR GROUND ADDN TO MPLS LOTS 1 THRU 13 INCLUSIVE; ALSO LOTS 36 AND 37; INCLUDING THE ADJOINING 1/2 OF THE VACATED ALLEY ADJACENT TO SAID LOTS 1 THRU 13 AND LOT 37; T IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	36
Legal Quarter	11
Legal Subdivision	FAIR GROUND ADDN TO MPLS
Legal Block	2
Legal Lot Number	37
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	2
Census Block	2009
Census Tract	106400

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	2823 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1127
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Sep 25, 2023	Deed of Trust, Mortgage · Line of Credit MIDWEST MINNESOTA COMMUNITY DEVELOPMENT
Dec 12, 2019	Loan Modification, Mortgage ANCHOR BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 19, 2008 · Amount on Record
Deed Sale	Feb 19, 2008 · Amount on Record
Deed Document Number	2008969950
Last Transfer Date	Jan 14, 2016
Transfer Doc	0010278778
Record Updated	Sep 20, 2026

September 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	2823 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1127
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2601 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1147

Mortgage

Document Number	0A11233822
Date	Sep 25, 2023
Instrument	A11233822

Lender

Name	MIDWEST MINNESOTA COMMUNITY DEVELOPMENT
Type	Mortgage Company
Address	DETROIT LAKES, MN 56501

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Sep 1, 2033

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	2823 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1127
Document Number	0010735292
Instrument Date	Dec 12, 2019
Transaction Type	Mortgage
Record Updated	Jan 2, 2020
Title Company	COMMERCIAL PARTNERS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

Mortgage

Document Number	0010735292
Date	Dec 13, 2019
Instrument	10735292

Lender

Name	ANCHOR BK
Type	Bank

Agreement

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	$111,260.00 (+5.7%)	$3,266,500 (-0.56%) Land $807,100 Building $2,459,400	$3,266,500 (-0.56%) Land $807,100 Building $2,459,400
2023	$105,256.00
2022		$3,285,000 Land $807,100 Building $2,477,900	$3,285,000 Land $807,100 Building $2,477,900

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 532 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 · Fiber in parts of the area	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
PCs for People Fixed Wireless	100 / 100
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Fidium Fiber.

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