501 S 7th St, Minneapolis, MN 55415 Property Records

Hennepin County property record for 501 S 7th St, Minneapolis, MN 55415

Property Summary

Property Type	Commercial Vacant Land
Lot Size	0.63 acres (27,443 sqft)
Owner	Company Name on Record
Last Sale	$3,000,000 (Jan 2019)
Tax Bill	$76,877 (2025)
Deeds & Mortgages	Jun 2026 Mortgage Nov 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`26-029-24-22-0094`

Property Details

APN / Parcel Number

Primary APN	`26-029-24-22-0094`

Exterior

Lot Area	27,443 sqft (0.63 acres)
Lot Dimensions	165 ft deep x 165 ft wide

Location & Zoning

Street Address	501 S 7TH ST
City	MINNEAPOLIS
State	MN
Zip	55415-1614
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	B4N
Legal Description	BLOCK 003 A MATTISONS ADDN TO MPLS NWLY 1/2 OF NELY 1/2 OF BLK 3 165.00 X 165.00
Legal Range	24
Legal Township	029
Legal Section	26
Legal Quarter	22
Legal Subdivision	MATTISONS ADDN TO MPLS
Legal Block	3
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3007
Census Tract	105400

Historic Designation

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

Historic District	Within the St. Anthony Falls Historic District listed 1971 · 90 contributing resources · NRIS 71000438

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

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	S74W16853 JANESVILLE RD, MUSKEGO, WI 53150-8618
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 15, 2026	Deed of Trust, Mortgage · Conventional Mortgage NONE LISTED ON DOCUMENT
Nov 22, 2021	Limited Warranty Deed, Transfer · Commercial Mortgage COMMERCE STATE BANK
Jan 24, 2019	Grant Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 24, 2019 · Amount on Record
Deed Sale	Jan 24, 2019 · Amount on Record
Deed Document Number	20195590845
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Recording Date	Jun 15, 2026
Property Address	501 S 7TH ST, MINNEAPOLIS, MN 55415-1614
Document Number	0006206220
Instrument Date	May 29, 2026
Instrument	20266206220
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Investor	Possibly a Property Investor

Mortgage

Document Number	0006206220,
Date	Jun 15, 2026
Instrument	20266206220

Lender

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.3%
Max Rate	-1%

November 2021: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 22, 2021
Property Address	501 S 7TH ST, MINNEAPOLIS, MN 55415-1614
Document Number	0T05899819
Instrument Date	Nov 22, 2021
Instrument	T05899819
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$13,200.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	S74W16853 JANESVILLE RD, MUSKEGO, WI 53150-8618

Mortgage

Document Number	0T05899820
Date	Nov 22, 2021
Instrument	T05899820

Lender

Name	COMMERCE STATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	24 Months
Due	Nov 22, 2023

January 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 24, 2019
Property Address	501 S 7TH ST, MINNEAPOLIS, MN 55415-1614
Document Number	0005590845
Instrument Date	Jan 23, 2019
Instrument	5590845
Transaction Type	Transfer
Record Updated	Feb 6, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$10,200.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1818 GRAND AVE ST PAUL MN 551051818, ST PAUL, MN 55105-1818

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	$76,877.00 (-13.89%)	$2,069,600 (-10.57%) Land $2,069,600	$2,069,600 (-10.57%) Land $2,069,600
2023	$89,273.00
2022		$2,314,100 Land $2,314,100	$2,314,100 Land $2,314,100

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 193 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, T-Mobile.

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