Hennepin County property record for 708 W 40th St, Minneapolis, MN 55409
| Property Type | Commercial |
|---|---|
| Details | 2,883 sqft · built 1941 |
| Lot Size | 0.07 acres (3,049 sqft) |
| Owner | Company Name on Record |
| Last Sale | $81,200 (Apr 2001) |
| Tax Bill | $14,362 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 09-028-24-11-0117 |
| Primary APN | 09-028-24-11-0117 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 2,883 sqft Gross Area |
| 1st Floor Area | 2,883 sqft |
| Year Built | Built 1941 |
|---|---|
| Effective Year Built | Effective 1941 |
| Exterior Material | Glass |
| Construction Type | Concrete |
| Roof Type | Flat |
| Roof Material | Tar & Gravel |
| Lot Area | 3,049 sqft (0.07 acres) |
| Lot Dimensions | 54.5 ft deep x 55 ft wide |
| Garage Type | Detached |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 708 W 40TH ST |
|---|---|
| City | MINNEAPOLIS |
| State | MN |
| Zip | 55409-1406 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | C1 |
| Legal Description | LOT 007 BLOCK 016 A REMINGTONS 3RD ADDN TO MPLS S 12 5/10 FT OF W 55 FT OF LOT 6 AND THE W 55 FT OF LOT 7 55.00 X 54.50 |
| Legal Range | 24 |
| Legal Township | 028 |
| Legal Section | 09 |
| Legal Quarter | 11 |
| Legal Subdivision | REMINGTONS 3RD ADDN TO MPLS |
| Legal Block | 16 |
| Legal Lot Number | 7 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | MINNEAPOLIS |
| Census Block Group | 4 |
| Census Block | 4007 |
| Census Tract | 109900 |
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 | 5501 DEWEY HILL RD, 340, MINNEAPOLIS, MN 55439-1916 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Apr 3, 2001 · Amount on Record |
| Deed Sale | Apr 3, 2001 · Amount on Record |
| Prior Sale | Dec 29, 1997 · Amount on Record |
| Deed Document Number | 2001761493 |
| Record Updated | Oct 29, 2026 |
Source: Hennepin County assessment roll, as of June 23, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Minneapolis City |
| Unified School District | Minneapolis Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $14,362.00 (+21.84%) | $469,000 (+11.67%) Land $89,900 Building $379,100 | $469,000 (+11.67%) Land $89,900 Building $379,100 |
| 2023 | $11,788.00 | ||
| 2022 | $420,000 Land $90,000 Building $330,000 | $420,000 Land $90,000 Building $330,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 92% of Minnesota |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 666 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| CenturyLink Fiber | 8,000 / 8,000 |
| Xfinity Cable | 2,000 / 2,000 |
| Verizon Fixed Wireless | 1,000 / 75 |
| T-Mobile Fixed Wireless | 100 / 20 |
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