317 E 38th St, Minneapolis, MN 55409 Property Records

Hennepin County property record for 317 E 38th St, Minneapolis, MN 55409

Property Summary

Property Type	Commercial
Details	35,394 sqft · built 2016
Lot Size	0.75 acres (32,670 sqft)
Owner	Company Name on File
Last Sale	$3,000 (Feb 2022)
Tax Bill	$118,586 (2025)
Deeds & Mortgages	Jan 2025 Mortgage Jan 2025 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`10-028-24-11-0245`

Property Details

APN / Parcel Number

Primary APN	`10-028-24-11-0245`

Interior

Stories	1 Story
Building Area	35,394 sqft Gross Area
Basement Area	15,525 sqft

Exterior

Year Built	Built 2016
Effective Year Built	Effective 2016
Exterior Material	Metal
Construction Type	Concrete
Roof Type	Flat
Lot Area	32,670 sqft (0.75 acres)
Lot Dimensions	120 ft deep x 273 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	317 E 38TH ST
City	MINNEAPOLIS
State	MN
Zip	55409-1363
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C1
Legal Description	LOT 001 BLOCK 001 B SEWARD FRIENDSHIP ADDN N 273X120
Legal Range	24
Legal Township	028
Legal Section	10
Legal Quarter	11
Legal Subdivision	SEWARD FRIENDSHIP ADDN
Legal Block	1
Legal Lot Number	1
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1004
Census Tract	110000

Owner

317 E 38th St, a commercial property, is owned by a company that bought it in February 2022.

Source: Hennepin County records, as of June 25, 2026

Owner of Record	Company Name on File
Mailing Address	28230E FRANKLIN AVE, MINNEAPOLIS, MN 55404
Owner Type	Company
Vesting	Company

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

Date	Document
Jan 30, 2025	Deed of Trust, Mortgage · Commercial Mortgage SHARED CAPITAL COOPERATIVE
Jan 31, 2025	Deed of Trust, Mortgage · Commercial Mortgage SHARED CAPITAL COOPERATIVE
Feb 8, 2022	Intrafamily Transfer, Transfer · Loan Assumption CHOICE FINANCIAL GROUP
Feb 9, 2022	Re-recorded Document COMMERCIAL PARTNERS TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 8, 2022 · Amount on File
Deed Sale	Feb 8, 2022 · Amount on File
Prior Sale	Dec 13, 2002 · Amount on File
Deed Document Number	20225919622
Prior Transfer Date	Dec 30, 2021
Prior Transfer Doc	0011076303
Record Updated	Sep 20, 2026

January 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363

Mortgage

Document Number	00T6118307
Date	Jan 30, 2025
Instrument	T6118307

Lender

Name	SHARED CAPITAL COOPERATIVE
Type	Non-Lending Institution
Address	SAINT PAUL, MN 55114

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	104 Months
Due	Sep 25, 2033

January 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363

Mortgage

Document Number	0A11346083
Date	Jan 31, 2025
Instrument	A11346083

Lender

Name	SHARED CAPITAL COOPERATIVE
Type	Non-Lending Institution
Address	SAINT PAUL, MN 55114

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	104 Months
Due	Sep 25, 2033

February 2022: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	HENNEPIN MN
Recording Date	Feb 8, 2022
Property Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363
Document Number	0T05919622
Instrument Date	Dec 30, 2021
Instrument	T05919622
Transaction Type	Transfer
Record Updated	May 12, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2823 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1127

Mortgage

Document Number	0T05919624
Date	Feb 8, 2022
Instrument	T05919624

Lender

Name	CHOICE FINANCIAL GROUP
Type	Funding / Finance Company

Agreement

Type	Loan Assumption
Amount	Amount on Record

February 2022: Re-recorded Document

Document Type	Re-recorded Document
Jurisdiction	HENNEPIN MN
Recording Date	Feb 9, 2022
Property Address	317 E 38TH ST, MINNEAPOLIS, MN 55409-1363
Document Number	0A11076303
Instrument Date	Dec 30, 2021
Instrument	A11076303
Record Updated	May 12, 2026
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2823 E FRANKLIN AVE, MINNEAPOLIS, MN 55406-1127

Tax Assessment & Valuation

The 2025 property tax bill for 317 E 38th St was $118,586.

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	$118,586.00	$3,478,000 Land $458,600 Building $3,019,400	$3,478,000 Land $458,600 Building $3,019,400
2023	$111,944.00
2022		$3,490,000 Land $458,600 Building $3,031,400	$3,490,000 Land $458,600 Building $3,031,400

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

Flood

FEMA maps place 317 E 38th St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1980.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1980)
Most Recent Claim	Jun 1980 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 317 E 38th St 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 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 783 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile.

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