615 2nd Ave S, Minneapolis, MN 55402 Property Records

Hennepin County property record for 615 2nd Ave S, Minneapolis, MN 55402

Property Summary

Property Type	Commercial
Details	188,716 sqft · built 1914
Lot Size	0.29 acres (12,632 sqft)
Owner	Company Name on Record
Last Sale	$11,600,000 (Jan 2025)
Tax Bill	$382,914 (2025)
Deeds & Mortgages	Jan 2025 Sale & Mortgage Jan 2025 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`27-029-24-11-0032`

Property Details

APN / Parcel Number

Primary APN	`27-029-24-11-0032`

Interior

Stories	14 Stories
Building Area	188,716 sqft Gross Area
1st Floor Area	12,106 sqft
Basement Area	24,212 sqft

Exterior

Year Built	Built 1914
Effective Year Built	Effective 1974
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	12,632 sqft (0.29 acres)
Garage Type	Detached

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Steam

Location & Zoning

Street Address	615 2ND AVE S
City	MINNEAPOLIS
State	MN
Zip	55402-1902
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	B4-2
Legal Description	LOT 002 BLOCK 219 A BROWN & JACKINS ADDN TO MPLS THOSE PARTS OF LOTS 1 2 AND 3 LYING NELY AND NWLY OF FOL DESC LINE BEG AT A PT ON NWLY LINE OF SAID LOT 1 DIS 70 FT NELY OF MOST WLY COR THOF TH T IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	27
Legal Quarter	11
Legal Subdivision	BROWN & JACKINS ADDN TO MPLS
Legal Block	219
Legal Lot Number	2
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1016
Census Tract	126102

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 September 9, 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	1920 S 1ST ST, 904, MINNEAPOLIS, MN 55454-1194
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jan 2, 2025	Limited Warranty Deed, Transfer · Commercial Mortgage PCF IV WA HOLDING LLC
Jan 8, 2025	Re-recorded Document · Commercial Mortgage PCF IVWA HOLDING LLC
Dec 14, 2018	Grant Deed, Transfer · Conventional Mortgage TH COM'L MTG LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 8, 2025 · Amount on Record
Deed Sale	Jan 8, 2025 · Amount on Record
Prior Sale	Jan 2, 2025 · Amount on Record
Deed Document Number	202511341100
Prior Transfer Date	Dec 30, 2024
Prior Transfer Doc	0A11341100
Record Updated	Oct 29, 2026

January 2025: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 2, 2025
Property Address	615 2ND AVE S, MINNEAPOLIS, MN 55402-1902
Document Number	00T6113869
Instrument Date	Dec 30, 2024
Instrument	T6113869
Transaction Type	Transfer
Record Updated	May 12, 2026

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$38,280.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1920 S 1ST ST APT 904, 904, MINNEAPOLIS, MN 55454-1194

Mortgage

Document Number	00T6113870
Date	Jan 2, 2025
Instrument	T6113870

Lender

Name	PCF IV WA HOLDING LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jan 1, 2030

January 2025: Re-recorded Document

Document Type	Re-recorded Document
Jurisdiction	HENNEPIN MN
Recording Date	Jan 8, 2025
Property Address	615 2ND AVE S, MINNEAPOLIS, MN 55402-1902
Document Number	0A11341100
Instrument Date	Dec 30, 2024
Instrument	A11341100
Record Updated	May 12, 2026

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1920 S 1ST ST APT 904, 904, MINNEAPOLIS, MN 55454-1194

Mortgage

Document Number	0A11341101
Date	Jan 8, 2025
Instrument	A11341101

Lender

Name	PCF IVWA HOLDING LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jan 1, 2030

December 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 14, 2018
Property Address	615 2ND AVE S, MINNEAPOLIS, MN 55402-1902
Document Number	0010619700
Instrument Date	Dec 4, 2018
Instrument	10619700
Transaction Type	Transfer
Record Updated	Dec 27, 2018
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$61,118.40
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	300 CENTERVILLE RD #300 WARWICK RI 028860200, 300, WARWICK, RI 02886-0200

Mortgage

Document Number	10619705
Date	Dec 14, 2018
Instrument	10619705

Lender

Name	TH COM'L MTG LLC
Address	NEW YORK, NY 10022

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Dec 13, 2021

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	$382,914.00 (+2.09%)	$10,319,000 (-2%) Land $2,074,100 Building $8,244,900	$10,319,000 (-2%) Land $2,074,100 Building $8,244,900
2024	$375,058.00 (-37.83%)	$10,530,000 (-40.87%) Land $2,765,400 Building $7,764,600	$10,530,000 (-40.87%) Land $2,765,400 Building $7,764,600
2023	$603,286.00
2022		$17,809,000 Land $2,639,700 Building $15,169,300	$17,809,000 Land $2,639,700 Building $15,169,300

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 165 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
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: CenturyLink, Fidium Fiber, Metronet, Verizon.

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