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    Established Steel and Metal Center Title is generated by Realmo AI

    200 Hardman Ave N, South St Paul, MN

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    Long-standing, profitable steel and metal service center with real estate.

    Type:INDUSTRIAL
    Property size:
    44,224 SF
    Lot size:
    3.38 Acres
    Price / SF:
    $201/SF
    Added:
    Nov 24, 2025
    Days on Market:
    200
    Last Refresh:
    May 20 at 8:46 pm

    Property Features for 200 Hardman Ave N

    General Information

    Standard status
    Active
    Size
    44,224 SF
    Lot size
    3.38 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Heather Mickelson

    Listing agent Heather Mickelson

    Listing office J H Callahan & Associates

    Listing date Nov 24, 2025

    Source Moodyscre

    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 J H Callahan & Associates

    HighLights

    • Established business with a strong reputation and successful track record since the early 1900s.
    • Positive cash flow year after year.
    • Includes real estate.
    • ISO 9001 certified Steel and Metal Service Center.
    • Confidential sale ensuring business continuity.
    • Financials and further information available upon completion of an NDA.

    Overview

    This established steel and metal service center, founded in the early 1900s, maintains a strong reputation and consistent positive cash flow. The business is ISO 9001 certified. The property encompasses 44,224 square feet. Note that this is a confidential sale and should not be discussed with employees. Further information and financials are available upon completion of a Non-Disclosure Agreement.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $716.4k $16.20
    − Vacancy −$30.1k −$0.68
    EGI $686.3k $15.52
    − OpEx −$205.9k −$4.66
    NOI $480.4k $10.86
    44,224 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $6.86M
    $6.01M – $8.01M (±1% cap)
    NOI $480,437 @ 7.0% cap · market cap 5.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $10.88M
    $9.52M – $12.70M (±1% cap)
    NOI $761,803 @ 7.0% cap · market cap 8.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    South St Paul ... Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    South St Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0316
    Latitude
    44.8946

    FAQs

    What type of property is this?
    Manufacturing property - Long-standing, profitable steel and metal service center with real estate.
    Where is this manufacturing property located?
    The property is located at 200 Hardman Ave N South St Paul, MN.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Established business with a strong reputation and successful track record since the early 1900s.; Positive cash flow year after year.; Includes real estate.
    (651) 455-8858 Call to check price and availability
    More about this property
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