189-191 E 7th St, St Paul, MN 55101

Listing office Matthews REIS k***@matthews.com Show Phone

Listing date May 26, 2026

Source Moodyscre

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Overview

This historic mixed-use property combines 20 dormitory-style apartment units with two retail spaces. The residential portion is currently operating at approximately 75% occupancy, with average rents of about $680 per month on month-to-month leases. The two retail spaces are also on month-to-month terms and are described as having below-market rents.

Located in the heart of Downtown St. Paul, the building is described as being near Mears Park and CHS Field, along with major retail destinations, public transit, and the city’s growing entertainment district.

The asset is positioned for an owner who wants to actively manage and improve both components of the property. The offering notes recent capital improvements including a brand-new roof installed in 2024 and a new boiler installed in 2022. In addition, the remarks describe opportunities for a new owner to renovate and reposition the building, including potential use of historic tax credits of up to 40% and exploration of St. Paul’s 4D property tax reduction program.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

St Paul

County

Dakota

State

Minnesota

Longitude

-93.09094

Latitude

44.9508829

FAQs

What type of property is this?

Apartment building - Historic mixed-use building with dormitory apartments and two retail suites, supported by recent roof and boiler upgrades.

Where is this apartment building located?

The property is located at 189-191 E 7th St St Paul, MN.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: Historic mixed‑use building in Downtown St. Paul with 20 dormitory‑style apartment units and 2 retail spaces; Apartments currently about 75% occupied on month‑to‑month leases at average rents of $680/month; Both retail spaces are on below‑market, month‑to‑month rents