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Mixed-Use Building with Rooftop Billboard
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262 7th St W, Saint Paul, MN 55102

Three-level mixed-use building offers main-level office/retail storefronts, three apartments upstairs, and a rooftop billboard lease.

Property Size8,745 SF
Days on Market135

Property Features for 262 7th St W

General Information

Standard status Active
Size 8,745 SF
Total Parking Spaces 7
Property subtype Mixed Use
Zoning T2

Units

Multifamily Units 3
Office Units 2

Building Details

Tenancy Multi
Listing Agency: RE/MAX Results
Listed By: Hayden Hulsey, CCIM · License #MN 40266763
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:35PM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This stable mixed-use building includes two office/retail storefront units on the main level and three residential apartments upstairs, comprised of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The building has undergone notable capital improvements under current ownership, including a new roof, updated electrical and plumbing in much of the building, exterior tuck pointing and painting, updated storefront windows, and commercial buildouts completed by a commercial general contractor on both main-level commercial units.

The property features a full basement with strong ceiling height and ample storage, along with an additional restroom. Both main-level commercial tenants have the ability to access the basement, though it is primarily used by the corner commercial owner. Parking is included with seven spaces immediately behind the building, and each apartment plus the main-level corner tenant is assigned reserved parking. Keller Williams is assigned three reserved stalls.

A rooftop Clear Channel billboard lease is included with the sale, and the second main-level storefront tenant has a lease in place through January 2025. The corner main-level tenant is leasing back through March 31, 2024. The building is listed as zoned T2 Traditional Neighborhood.

Key Highlights

  • Mixed‑use building with 2 main‑level office/retail storefront units and 3 apartments upstairs (two 1 bed/1 bath and one 2 bed/1 bath).
  • Main‑level corner office tenant is leasing back through March 31, 2024 for 747 SF.
  • Second main‑level tenant (Keller Williams Real Estate office) has a lease through January 2025 for 2,115 SF; lease recently renewed (original 5‑year lease).

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Electrical Service Home Appliance Store Furniture & Home Goods Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,586
Businesses Nearby

Demographics for 55102, MN

20,355
Population
11,582
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
3.3 sq mi
ZIP Area
6,168
Density / Sq Mi
$74,143
Median Household Income
$54,042
Median Earnings
$1,295
Median Rent
$280,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level mixed-use building offers main-level office/retail storefronts, three apartments upstairs, and a rooftop billboard lease.
Where is this mixed-use property located?
The property is located at 262 7th St W Saint Paul, MN.
What are key features of this property?
This property features: Mixed‑use building with 2 main‑level office/retail storefront units and 3 apartments upstairs (two 1 bed/1 bath and one 2 bed/1 bath).; Main‑level corner office tenant is leasing back through March 31, 2024 for 747 SF.; Second main‑level tenant (Keller Williams Real Estate office) has a lease through January 2025 for 2,115 SF; lease recently renewed (original 5‑year lease).
(651) 256-7404 Call to check price and availability
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