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Historic Office Suites with Skyway Access
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413 Wacouta St, St Paul, MN 55101

Historic brick-and-timber office suites in the Gilbert Building offer natural light, on-site management, and skyway access.

Space Size555 SF
Days on Market569

Property Features for 413 Wacouta St

General Information

Standard status Active
Size 555 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Neighborhood Planning District 17
Highway Access Yes

Amenities

on-site property manager
conference room
building cleaning
building security
24/7 card access
high-speed Wi-Fi
skyway access

Building Details

Year Built 1893
Construction Brick & Timber
Tenancy Multi

Spaces For Lease

at 413 Wacouta St
The Gilbert Building $16.50/SF/Yr
Floor 5
Size 555 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Very Competitive Lease Rates & Just Reduced! Current available spaces range from individual offices as small as 200 square feet up to full suites with 4,049 square feet. Affordable Gross/Full-Service rates with landlord covering CAM/operating expenses, taxes, & utilities. Historic Brick & Timber Suites with great character and lots of natural light available in the Gilbert Building in the Lowertown area of Downtown St Paul. Parking lot next to building for Gilbert Building Tenants and Visitor parking. Many other nearby parking options including cheap parking immediately behind the building, underground neighboring parking + 2nd floor skyway access. Other amenities include a great Full-time Property Manager on-site, complimentary building conference room, comprehensive building cleaning, building security, 24/7 card access, complementary high-speed Wi-Fi. The Gilbert Building is one the Upper Midwest's truly beautiful office buildings. The Gilbert Building opened in 1893 and today is part of the National Register of Historic Places and underwent a major renovation in the mid-1980s. Many recent and modern updates throughout. Property Highlights: • Very competitive Gross rates - Landlord covers all CAM/Operating Expenses & Taxes • Brick & Timber with lots of Natural Light. Skyway Access, great nearby restaurants & coffee shop Complimentary Conference Room, Wi-Fi, Building Security, & Cleaning • Located a minute from I-94 & I-35E. Ample parking options
Contact us
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License #40169559
Source: Moodyscre
Added: Apr 10, 2025 Changed: Oct 25 Last Checked: Oct 30 at 1:34PM

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 Results Commercial

Rey
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Investment Insights

Based on property information with market context.

The Gilbert Building presents historic brick-and-timber office suites with lots of natural light, offering both individual offices and larger suite configurations. Available spaces range from approximately 200 square feet up to full suites with 4,049 square feet.

The building provides tenant and visitor parking via a lot next to the property, along with additional nearby parking options including parking immediately behind the building, underground neighboring parking, and 2nd-floor skyway access. The building is listed in the National Register of Historic Places and underwent a major renovation in the mid-1980s, with many more recent modern updates.

Leasing is structured with gross/full-service rates, with the landlord covering CAM/operating expenses, taxes, and utilities. Building amenities include a full-time property manager on-site, complimentary building conference room, comprehensive cleaning, building security, 24/7 card access, and complementary high-speed Wi-Fi.

Key Highlights

  • Available office spaces in the Gilbert Building range from 200 SF individual offices to 4,049 SF full suites
  • Gross/full‑service lease structure: landlord covers CAM/operating expenses, taxes, and utilities
  • Historic brick‑and‑timber offices with lots of natural light; building is on the National Register of Historic Places

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,283
Businesses Nearby

Demographics for 55101, MN

7,788
Population
5,651
Households
1.4
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
0.8 sq mi
ZIP Area
9,735
Density / Sq Mi
$72,703
Median Household Income
$56,947
Median Earnings
$1,573
Median Rent
$252,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Historic brick-and-timber office suites in the Gilbert Building offer natural light, on-site management, and skyway access.
Where is this office unit located?
The property is located at 413 Wacouta St St Paul, MN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Available office spaces in the Gilbert Building range from 200 SF individual offices to 4,049 SF full suites; Gross/full‑service lease structure: landlord covers CAM/operating expenses, taxes, and utilities; Historic brick‑and‑timber offices with lots of natural light; building is on the National Register of Historic Places
(651) 755-2068 Call to check price and availability
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