2375 University Avenue West, St Paul, MN 55114
Two available office suites in a clean, remodeled two-level building with rear-lot parking on University Ave W.
- Added:
- Jun 15, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 20 at 2:44 am
Property Features for 2375 University Avenue West
General Information
- Standard status
- Active
- Size
- 15,120 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1930
Listing agent Mark Hulsey License #MN 40169559
Listing office Results Commercial (651) 256-7404
Listing date Jun 15, 2026
Source Crexi
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HighLights
- Two‑level building totaling 15,120 SF (year built 1930) with 21 rear‑lot parking spaces plus additional surrounding parking
- University Ave W frontage with high traffic count of 14,249 vehicles per day
- Zoned T3 – Traditional Neighborhood; permitted uses include commercial, residential, office, retail, and mixed‑use
- Two available office suites for owner occupants: 3,203 SF and 5,115 SF
- Remodeled interior finishes with a clean, contemporary, bright office environment
- Convenient transit access on University Ave W with both bus lines and light rail
Overview
Located at 2375 University Avenue West in St. Paul, the site offers high visibility on University Ave W with 14,249 vehicles per day noted for the corridor. The property is described as having convenient, easy access to I-94 and a centrally located position within the Twin Cities metro. University Ave is also served by bus lines and light rail.
The building is zoned T3 – Traditional Neighborhood, with permitted uses listed as commercial, residential, office, retail, and mixed-use options. Two suites are available for owner occupants: 3,203 SF and 5,115 SF, providing multiple entry points for different workplace needs. Current tenants include ThinkSelf Inc., Home Group Inc., New Light Center LLC, Rise Inc., Keystone Interpreting Solutions Inc., Landmark Piano LLC, and Pete’s Mobile of MN LLC, supporting an occupied, established setting for prospective buyers or owners.
Local Financial Insights For Office B
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 | $337.5k | $22.32 |
| − Vacancy | −$87.4k | −$5.78 |
| EGI | $250.1k | $16.54 |
| − OpEx | −$62.5k | −$4.13 |
| NOI | $187.6k | $12.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- St Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1970295
- Latitude
- 44.9639203
