505 3rd St N, Minneapolis, MN 55401 Property Records

Hennepin County property record for 505 3rd St N, Minneapolis, MN 55401 · Last verified July 2026

Property Summary

Property Type	Commercial
Details	18,784 sqft · built 1949
Lot Size	0.51 acres (22,216 sqft)
Owner	Company Name on File
Tax Bill	$97,908 (2025)
Deeds & Mortgages	Jan 2021 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`22-029-24-13-0136`

Property Details

APN / Parcel Number

Primary APN	`22-029-24-13-0136`

Interior

Stories	1 Story
Building Area	18,784 sqft Gross Area
1st Floor Area	18,784 sqft

Exterior

Year Built	Built 1949
Effective Year Built	Effective 1949
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	22,216 sqft (0.51 acres)
Lot Dimensions	159 ft deep x 130 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	505 3RD ST N
City	MINNEAPOLIS
State	MN
Zip	55401-1201
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 012 BLOCK 018 A BRADFORD & LEWIS ADDN TO MPLS LOTS 12 13 AND 14 BLK 18 INCL ADJ 1/2 OF VAC ALLEY 130 X 159
Legal Range	24
Legal Township	029
Legal Section	22
Legal Quarter	13
Legal Subdivision	BRADFORD & LEWIS ADDN TO MPLS
Legal Block	18
Legal Lot Number	12
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3002
Census Tract	126201

Owner

Source: Hennepin County records · APN 22-029-24-13-0136

Assessment roll updated June 23, 2026 · Last verified July 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 File
Mailing Address	7575 GOLDEN VALLEY RD, 270, MINNEAPOLIS, MN 55427-4549
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Aug 18, 2010
Transfer Doc	0A10241156
Record Updated	Sep 20, 2026

January 2021: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	505 3RD ST N, MINNEAPOLIS, MN 55401-1201
Document Number	0005795489
Instrument Date	Jan 04, 2021
Transaction Type	Mortgage
Record Updated	Feb 25, 2021
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	505 N 3RD ST MINNEAPOLIS MN 554011201, MINNEAPOLIS, MN 55401-1201

Mortgage

Document Number	0005795489
Date	Jan 27, 2021
Instrument	5795489

Lender

Name	AMERICAN NAT'L BK
Type	Bank
Address	SAINT PAUL, MN 55104

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Jan 26, 2026

Tax Assessment & Valuation

Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified July 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$97,908.00 (-1.32%)	$2,745,500 (-5%) Land $1,963,700 Building $781,800	$2,745,500 (-5%) Land $1,963,700 Building $781,800
2024	$99,216.00 (+43.83%)	$2,890,000 (+43.33%) Land $2,170,400 Building $719,600	$2,890,000 (+43.33%) Land $2,170,400 Building $719,600
2023	$68,983.00
2022		$2,016,300 Land $2,015,300 Building $1,000	$2,016,300 Land $2,015,300 Building $1,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Hennepin County (27053C), updated December 25, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic District	Within 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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 90 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
AT&T	Fixed Wireless	100 / 20
T-Mobile USA	Fixed Wireless	100 / 20

May also be available at this address: Verizon, Lumen Technologies, PCs for People, Xfinity. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

Nearby Properties on 3rd St N

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures