720 E Franklin Ave, Minneapolis, MN 55404 Property Records

Hennepin County property record for 720 E Franklin Ave, Minneapolis, MN 55404

Property Summary

Property Type	Commercial Vacant Land
Lot Size	0.09 acres (3,920 sqft)
Owner	Company Name on Record
Last Sale	$1,725,000 (Dec 2020)
Tax Bill	$1,007 (2025)
Deeds & Mortgages	Dec 2023 Mortgage Nov 2024 Line of Credit + 4 more
Flood Zone	Zone X (minimal risk)
APN	`26-029-24-33-0063`

Property Details

APN / Parcel Number

Primary APN	`26-029-24-33-0063`

Exterior

Lot Area	3,920 sqft (0.09 acres)
Lot Dimensions	85 ft deep x 48 ft wide

Location & Zoning

Street Address	720 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55404-2832
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	R6
Legal Description	LOT 006 BLOCK 002 A FRANKLIN AVE ADDN TO MPLS THE W 48 FT OF S 85 FT 48.00 X 85.00
Legal Range	24
Legal Township	029
Legal Section	26
Legal Quarter	33
Legal Subdivision	FRANKLIN AVE ADDN TO MPLS
Legal Block	2
Legal Lot Number	6
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3007
Census Tract	5902

Owner

Source: Hennepin County records, as of October 13, 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	236 CLIFTON AVE, MINNEAPOLIS, MN 55403-3466
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 6, 2023	Deed of Trust, Mortgage · Commercial Mortgage STEARNS BANK NA
Nov 19, 2024	Deed of Trust, Mortgage · Line of Credit STEARNS BANK NA
Dec 22, 2020	Quit Claim Deed, Transfer ATTORNEY ONLY
Dec 22, 2020	Grant Deed, Transfer HOME FSB
Dec 20, 2019	Loan Modification, Mortgage FIRST ST BK/SAUK CENTRE
Oct 3, 2019	Warranty Deed, Transfer LAND TITLE CORPORATION, LAND TITLE INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 22, 2020 · Amount on Record
Deed Sale	Dec 22, 2020 · Amount on Record
Prior Sale	Oct 3, 2019 · Amount on Record
Deed Document Number	202010889673
Prior Transfer Date	Dec 4, 2020
Prior Transfer Doc	0010889677
Record Updated	Oct 29, 2026

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0A11250036
Date	Dec 6, 2023
Instrument	A11250036

Lender

Name	STEARNS BANK NA
Type	Bank
Address	SAINT CLOUD, MN 56302

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Dec 5, 2028

Interest

Rate Type	Adjustable Rate

November 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0A11329986
Date	Nov 19, 2024
Instrument	A11329986

Lender

Name	STEARNS BANK NA
Type	Bank
Address	SAINT CLOUD, MN 56302

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	13 Months
Due	Dec 5, 2025

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 22, 2020
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Document Number	0010889677
Instrument Date	Dec 4, 2020
Instrument	10889677
Transaction Type	Transfer
Record Updated	Jan 28, 2021
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$2.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	236 CLIFTON AVE MINNEAPOLIS MN 554033466, MINNEAPOLIS, MN 55403-3466

December 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 22, 2020
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Document Number	0010889673
Instrument Date	Nov 30, 2020
Instrument	10889673
Transaction Type	Transfer
Record Updated	Feb 2, 2021
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,865.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	236 CLIFTON AVE MINNEAPOLIS MN 554033466, MINNEAPOLIS, MN 55403-3466

Mortgage

Document Number	10889674
Date	Dec 22, 2020
Instrument	10889674

Lender

Name	HOME FSB
Type	Federal Savings Bank
Address	1016 CIVIC CENTER DR NW # 300, ROCHESTER, MN 55901-1881

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Dec 21, 2030

Mortgage

Document Number	10889676,
Date	Dec 22, 2020
Instrument	10889676

Lender

Name	TRIO INVESTMENTS LLC

Agreement

Amount	Amount Recorded

December 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Recording Date	Dec 20, 2019
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Instrument Date	Nov 11, 2019
Instrument	10738938
Transaction Type	Mortgage
Record Updated	Jan 7, 2020
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	720 E FRANKLIN AVE MINNEAPOLIS MN 55404, MINNEAPOLIS, MN 55404
Investor	Possibly a Property Investor

Mortgage

Document Number	0010738938
Date	Dec 20, 2019
Instrument	10738938

Lender

Name	FIRST ST BK/SAUK CENTRE
Type	Bank
Address	80 S 8TH ST, MINNEAPOLIS, MN 55402-2100

Agreement

Amount	Amount Recorded

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Oct 3, 2019
Property Address	720 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2832
Document Number	0010707955
Instrument Date	Sep 30, 2019
Instrument	10707955
Transaction Type	Transfer
Record Updated	Oct 11, 2019
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount Recorded
Tax	$51.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	34 13TH AVE NE #B002E MINNEAPOLIS MN 554131091, B002E, MINNEAPOLIS, MN 55413-1091
Investor	Possibly a Property Investor

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	$1,007.00 (+18.05%)	$53,000 (-) Land $53,000	$53,000 (-) Land $53,000
2023	$853.00
2022		$53,000 Land $53,000	$53,000 Land $53,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

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 448 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 / 250
Verizon Fixed Wireless	1,000 / 75
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: PCs for People.

Nearby Properties on E Franklin Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

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