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340 Cedar St Saint Paul, MN 55101

For Sale
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13-story, 175,000 SF building in downtown St. Paul.

Property size:
175,000 SF

Property Features for 340 Cedar St

General Information

Size
175,000 SF

Building Details

Year built
1917

Source: Edward Rupp Agent Edward Rupp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Saint Paul Adaptive Reuse

Located at 340 Cedar Street in downtown St. Paul, also known as the Saint Paul Athletic Club Building, this 13-story, 175,000-square-foot building presents an adaptive reuse opportunity. Originally built in 1917 and designed by Reed and Stem, the building has undergone extensive remodeling. The property features a marble lobby, a grand ballroom, four smaller event spaces, and 56 guest rooms. The building was formerly home to Hotel 340, The College of St. Scholastica, the Saint Paul Athletic Club (fitness center), and a variety of banquet spaces. Architectural features include large windows, expansive hardwood floors, high ceilings, and elegant lighting. The property is located in the center of the Saint Paul Central Business District, near the Xcel Energy Center, the Ordway Center for the Performing Arts, Rice Park, and the Lowertown Arts District. It is easily accessible from I-94 and I-35E and connected to the rest of downtown via skyway. The property is adjacent to the Central Station of the Metro Green Line and located in a Qualified Opportunity Zone. Potential uses include multifamily apartments, an expanded hotel, and an upscale event venue. The number of residential units in the downtown district is expected to climb in the next few years. The property is located adjacent to a premier development site in Downtown Saint Paul, the Central Station Block Development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Saint Paul
County
Dakota
State
Minnesota
Longitude
-93.0925375
Latitude
44.9458173

FAQs

What type of property is this?
Hotel - 13-story, 175,000 SF building in downtown St. Paul.
Where is this hotel located?
The property is located at 340 Cedar St Saint Paul, MN.
What are key features of this property?
This property features: - Prime redevelopment opportunity in a rapidly growing downtown St. Paul market.; - Historic 175,000 sq ft building with stunning architectural features offered at well below replacement cost.; - Extensively renovated with modern updates while retaining irreplaceable historic finishes.
More about this property
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