109 9th St E, Saint Paul, MN 55101
Downtown St. Paul retail and specialty asset with convenient transit and highway access for everyday customer and employee access.
- Added:
- Jun 7, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 13 at 3:28 am
Property Features for 109 9th St E
General Information
- Standard status
- Active
- Size
- 15,394 SF
- Property subtype
- RETAIL
Listing agent Brian Brisky License #40546562 (715) 529-4441
Listing office Brisky Net Lease (715) 529-4441
Listing date Jun 7, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brisky Net Lease
HighLights
- Downtown St. Paul CBD location, less than 1 mile from the state capital
- Short walk to the Green Line Station and easy access to major highways
- St. Paul retail submarket shows 5.4% vacancy
- As of Q2 2026, no retail space is under construction in St. Paul
- More than $1 billion in planned public and private investment along the Mississippi River corridor, including a newly completed Downtown Riverwalk
- 5‑mile population over 369,000 with average household income over $98,000
Overview
Located in the Central Business District, the property sits less than 1 mile from the state capital and benefits from strong walkability. Access to major highways is described as easy, and the property is a short walk to the Green Line Station, supporting convenient access for customers and employees coming in from across the Twin Cities metro area.
The surrounding area is undergoing downtown revitalization, including converting underutilized office buildings into residential housing and placing additional focus on the riverfront, with the newly completed Downtown Riverwalk. Additional public and private investment is planned along the Mississippi River corridor, totaling more than $1 billion. From a market perspective, the St. Paul retail submarket is noted with 5.4% vacancy, and as of the second quarter of 2026 there is no retail space under construction in St. Paul. Demographics in the area are described as stable, including a 5-mile population of over 369,000 and average household income of over $98,000.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $277.1k | $18.00 |
| − Vacancy | −$45.2k | −$2.93 |
| EGI | $231.9k | $15.07 |
| − OpEx | −$69.6k | −$4.52 |
| NOI | $162.3k | $10.55 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Peter Meyers — 424 Dorothy Day Pl, St Paul, MN 55102
- Wabasha Learning Center — 115 Wabasha St S, St Paul, MN 55107
- The Salvation Army Child Development Center — 401 7th St W, St Paul, MN 55102
- YWCA Minneapolis Children's Center at Ecolab — 80 7th St W, St Paul, MN 55102
- Sherry daycare — 70 Douglas St, St Paul, MN 55102
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0942097
- Latitude
- 44.9504662
