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Mixed-Use Retail/Office Building
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1955 University Ave W, Saint Paul, MN 55104

Two-level building with retail on the first floor and offices on the second, located at a signalized intersection.

Property Size16,860 SF
Price / SF$106.76
Days on Market485

Property Features for 1955 University Ave W

General Information

Standard status Active
Size 16,860 SF
Property subtype OFFICE

Additional Details

Opportunity Zone Yes
Listing Agency: Suntide Commercial Realty, Inc.
Listed By: Matthew Angleson
Source: Moodyscre
Added: May 19, 2025 Changed: Sep 2 Last Checked: Sep 14 at 11:06AM

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 Suntide Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property has retail tenants on the first level and office tenants on the second level. The building is described as well maintained. The current office rents are reported as below market, creating an opportunity to align with market rents.

The property is located at a signalized intersection. It is also in a Qualified Opportunity Zone and is eligible for New Market Tax Credit.

With its existing two-story tenant configuration and maintained condition, the building offers a straightforward setup for buyers seeking a mixed-use asset with in-place income and potential rent normalization for the office portion.

Key Highlights

  • Two‑level building with retail tenants on the 1st floor and office tenants on the 2nd floor
  • Located at a signalized intersection
  • Building is in a Qualified Opportunity Zone (QOZ) and eligible for New Market Tax Credit (NMTC)

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Nail Salon Pharmacy Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,806
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
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
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Frequently Asked Questions

What type of property is this?
Office building - Two-level building with retail on the first floor and offices on the second, located at a signalized intersection.
Where is this office building located?
The property is located at 1955 University Ave W Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two‑level building with retail tenants on the 1st floor and office tenants on the 2nd floor; Located at a signalized intersection; Building is in a Qualified Opportunity Zone (QOZ) and eligible for New Market Tax Credit (NMTC)
(612) 978-5180 Call to check price and availability
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