Industrial Warehouse with Drive-In
30 Water St W Saint Paul, MN 55107
30 Water St W, Saint Paul, MN, 55107
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For Sale
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11,200 SF industrial building features two 10x8 drive-in doors, floor drains, and remodeled office space.
Property Size11,200 SF
Price / SF$160.71
Days on Market77
Property Features for 30 Water St W
General Information
- Standard status
- Active
- Size
- 11,200 SF
- Property subtype
- INDUSTRIAL
Listing agency
Transwestern
(651) 324-7239
Listed by
Ian Thompson
(651) 324-7239
Source
Moodyscre
Added: May 7 Updated: Jul 22 at 6:21AM Checked: Jul 22 at 6:21AM
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 Transwestern
Investment Insights
Based on property information with market context.
This 11,200 SF industrial building includes two 10 ft x 8 ft drive-in doors, floor drains, and remodeled office space. The warehouse configuration is supported by practical site features, including an abundance of parking.
Located in the heart of St. Paul’s industrial neighborhood, the property is positioned for industrial access and everyday operations. The combination of drive-in loading and in-building amenities makes it well-suited for users needing straightforward dockless entry and functional interior systems.
The interior office area has been remodeled, complementing the warehouse portion of the property. For businesses looking for an industrial facility with both loading access and updated office space, this building offers a balanced layout within a dedicated industrial setting.
Located in the heart of St. Paul’s industrial neighborhood, the property is positioned for industrial access and everyday operations. The combination of drive-in loading and in-building amenities makes it well-suited for users needing straightforward dockless entry and functional interior systems.
The interior office area has been remodeled, complementing the warehouse portion of the property. For businesses looking for an industrial facility with both loading access and updated office space, this building offers a balanced layout within a dedicated industrial setting.
Key Highlights
- 11,200 SF industrial building with remodeled office space
- Two 10 ft x 8 ft drive‑in doors
- Floor drains
Local Financial Insights For Warehouse
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 | $181.4k | $16.20 |
| − Vacancy | −$7.6k | −$0.68 |
| EGI | $173.8k | $15.52 |
| − OpEx | −$26.1k | −$2.33 |
| NOI | $147.7k | $13.19 |
11,200 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,747 @ 7.0% cap · market cap 8.21%
Second Best
Industrial
$1.74M
$1.52M – $2.03M
NOI $121,674 @ 7.0% cap · market cap 6.76%
Theoretical Best
Healthcare Medical
$2.76M
$2.41M – $3.22M
NOI $192,931 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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- Saulaman Schlegel Art Services — 308 E Prince St, St Paul, MN 55101
FAQs
What type of property is this?
Warehouse - 11,200 SF industrial building features two 10x8 drive-in doors, floor drains, and remodeled office space.
Where is this warehouse located?
The property is located at 30 Water St 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: 11,200 SF industrial building with remodeled office space; Two 10 ft x 8 ft drive‑in doors; Floor drains
