732 Franklin Ave E, Minneapolis, MN 55404 Property Records

Hennepin County property record for 732 Franklin Ave E, Minneapolis, MN 55404

Property Summary

Property Type	Commercial Vacant Land
Details	built 1900
Lot Size	0.2 acres (8,712 sqft)
Owner	Company Name on Record
Last Sale	$3,500,000 (Oct 2019)
Tax Bill	$5,216 (2025)
Deeds & Mortgages	Oct 2019 Sale & Line of Credit Dec 2018 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`26-029-24-33-0104`

Property Details

APN / Parcel Number

Primary APN	`26-029-24-33-0104`

Exterior

Lot Area	8,712 sqft (0.2 acres)
Lot Dimensions	173 ft deep x 50 ft wide

Location & Zoning

Street Address	732 FRANKLIN AVE E
City	MINNEAPOLIS
State	MN
Zip	55404
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	C2
Legal Description	LOT 008 BLOCK 001 A FRANKLIN AVE ADDN TO MPLS THAT PART OF LOT 8 BLK 1 LYING S OF N 8.9 FT THOF 50 X 173
Legal Range	24
Legal Township	029
Legal Section	26
Legal Quarter	33
Legal Subdivision	FRANKLIN AVE ADDN TO MPLS
Legal Block	1
Legal Lot Number	8
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3006
Census Tract	5902

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	550 HUSET PKWY NE, MINNEAPOLIS, MN 55421-5030
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 11, 2019	Trustee's Deed, Transfer · Line of Credit CENTER NAT'L BK
Dec 14, 2018	Grant Deed, Mortgage · Line of Credit HIGHLAND BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 11, 2019 · Amount on Record
Deed Sale	Oct 11, 2019 · Amount on Record
Prior Sale	Nov 6, 2013 · Amount on Record
Deed Document Number	201910711880
Record Updated	Sep 20, 2026

October 2019: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	HENNEPIN MN
Recording Date	Oct 11, 2019
Property Address	732 FRANKLIN AVE E, MINNEAPOLIS, MN 55404
Document Number	0010711880
Instrument Date	Oct 2, 2019
Instrument	10711880
Transaction Type	Transfer
Record Updated	Oct 23, 2019
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC NAT'L TITLE INS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$11,900.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	550 HUSET PKWY NE COLUMBIA HEIGHTS MN 554215030, COLUMBIA HEIGHTS, MN 55421-5030

Mortgage

Document Number	10711881
Date	Oct 11, 2019
Instrument	10711881

Lender

Name	CENTER NAT'L BK
Type	Bank
Address	301 N RAMSEY AVE, LITCHFIELD, MN 55355-2125

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	84 Months
Due	Oct 10, 2026

Interest

Rate Type	Adjustable Rate

December 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 14, 2018
Property Address	732 FRANKLIN AVE E, MINNEAPOLIS, MN 55404
Instrument Date	Dec 14, 2018
Instrument	10620516
Transaction Type	Mortgage
Record Updated	Jan 4, 2019
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	732 FRANKLIN AVE E MINNEAPOLIS MN 55404, MINNEAPOLIS, MN 55404

Mortgage

Document Number	0010620516
Date	Dec 14, 2018
Instrument	10620516

Lender

Name	HIGHLAND BK
Type	Bank
Address	5270 W 84TH ST # 120, BLOOMINGTON, MN 55437-1374

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Dec 13, 2023

Interest

Rate Type	Adjustable Rate

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	$5,216.00 (+6.17%)	$150,600 (-) Land $150,600	$150,600 (-) Land $150,600
2023	$4,913.00
2022		$150,600 Land $150,600	$150,600 Land $150,600

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.

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