2925 E Franklin Ave, Minneapolis, MN 55406 Property Records

Hennepin County property record for 2925 E Franklin Ave, Minneapolis, MN 55406

Property Summary

Property Type	Commercial Vacant Land
Details	built 1900
Lot Size	0.36 acres (15,682 sqft)
Owner	Company Name on Record
Last Sale	$1,450,000 (Nov 2020)
Tax Bill	$8,066 (2025)
Deeds & Mortgages	Nov 2020 Sale & Line of Credit Nov 2019 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`36-029-24-11-0001`

Property Details

APN / Parcel Number

Primary APN	`36-029-24-11-0001`

Exterior

Lot Area	15,682 sqft (0.36 acres)
Lot Dimensions	122 ft deep x 127 ft wide

Location & Zoning

Street Address	2925 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55406-1128
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	C2
Legal Description	LOT 003 BLOCK 001 A FAIR GROUND ADDN TO MPLS LOTS 1 TO 5 INC 127.00 X 122.00
Legal Range	24
Legal Township	029
Legal Section	36
Legal Quarter	11
Legal Subdivision	FAIR GROUND ADDN TO MPLS
Legal Block	1
Legal Lot Number	3
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	2
Census Block	2008
Census Tract	106400

Owner

Source: Hennepin County records, as of June 24, 2026

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

Owner of Record	Company Name on Record
Mailing Address	929 PORTLAND AVE, 907, MINNEAPOLIS, MN 55404-1254
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Nov 16, 2020	Grant Deed, Transfer · Line of Credit COMMUNITY RESOURCE BK
Nov 26, 2019	Deed of Trust, Mortgage SOUTHEASTERN MINNESOTA 504 DEV
Nov 26, 2019	Deed of Trust, Mortgage FRANDSEN BK&TR
Nov 5, 2019	Grant Deed, Construction Loan · Line of Credit FRANDSEN BK&TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 16, 2020 · Amount on Record
Deed Sale	Nov 16, 2020 · Amount on Record
Prior Sale	Nov 5, 2019 · Amount on Record
Deed Document Number	202010871826
Prior Transfer Date	Jan 15, 2014
Prior Transfer Doc	0010049741
Record Updated	Sep 20, 2026

November 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 16, 2020
Property Address	2925 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1128
Document Number	0010871826
Instrument Date	Nov 13, 2020
Instrument	10871826
Transaction Type	Transfer
Record Updated	Dec 16, 2020
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,930.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	929 PORTLAND AVE #907 MINNEAPOLIS MN 554041254, 907, MINNEAPOLIS, MN 55404-1254

Mortgage

Document Number	10871827
Date	Nov 16, 2020
Instrument	10871827

Lender

Name	COMMUNITY RESOURCE BK
Type	Bank
Address	1501 COUNTY ROAD C W, ROSEVILLE, MN 55113-3103

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Nov 15, 2025

Interest

Rate Type	Adjustable Rate

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	2925 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1128
Document Number	0010728960
Instrument Date	Nov 26, 2019
Transaction Type	Mortgage
Record Updated	Dec 11, 2019
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2925 E FRANKLIN AVE MINNEAPOLIS MN 55406, MINNEAPOLIS, MN 55406

Mortgage

Document Number	0010728960
Date	Nov 26, 2019
Instrument	10728960

Lender

Name	SOUTHEASTERN MINNESOTA 504 DEV
Address	220 BROADWAY AVE S # 100, ROCHESTER, MN 55904-6517

Agreement

Amount	Amount Recorded

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	2925 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1128
Document Number	0010728964
Instrument Date	Nov 26, 2019
Transaction Type	Mortgage
Record Updated	Dec 9, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2925 E FRANKLIN AVE MINNEAPOLIS MN 55406, MINNEAPOLIS, MN 55406

Mortgage

Document Number	0010728964
Date	Nov 26, 2019
Instrument	10728964

Lender

Name	FRANDSEN BK&TR
Type	Bank
Address	ROSEMOUNT, MN 55068-1003

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Nov 25, 2029

November 2019: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 5, 2019
Property Address	2925 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1128
Document Number	0010720879
Instrument Date	Oct 30, 2019
Instrument	10720879
Transaction Type	Construction Loan
Record Updated	Nov 19, 2019
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,822.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2909 E FRANKLIN AVE MINNEAPOLIS MN 554061128, MINNEAPOLIS, MN 55406-1128

Mortgage

Document Number	10720880
Date	Nov 5, 2019
Instrument	10720880

Lender

Name	FRANDSEN BK&TR
Type	Bank
Address	ROSEMOUNT, MN 55068

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Nov 4, 2029

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	10720882,
Date	Nov 5, 2019
Instrument	10720882

Lender

Name	FRANDSEN BK&TR
Type	Bank
Address	ROSEMOUNT, MN 55068

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Nov 4, 2020

Interest

Rate Type	Adjustable Rate

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	$8,066.00 (-4.75%)	$232,900 (-) Land $232,900	$232,900 (-) Land $232,900
2023	$8,468.00
2022		$232,900 Land $232,900	$232,900 Land $232,900

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

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 498 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 / 250
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: PCs for People.

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