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Medical Office Building with Parking
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360 Sherman Street, St Paul, MN 44304

Multi-tenant medical office property with healthcare, professional office, educational, retail, and restaurant occupants.

Property Size63,939 SF
Price / SF$67.25
Days on Market64

Property Features for 360 Sherman Street

General Information

Standard status Active
Size 63,939 SF
Class B
Total Parking Spaces 37
Property subtype Office
Zoning T-2 - Traditional Neighborhood
Occupancy 65%
Investment Type Owner/User

Building Details

Year Built 1981
Stories 5
Tenancy Multi
Listing Agency: Cushman & Wakefield Minneapolis
Listed By: Ann Marie Stahley · License #MN
Source: Crexi
Added: Jul 30 Changed: Sep 30 Last Checked: Sep 30 at 10:48AM

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 Cushman & Wakefield Minneapolis

Investment Insights

Based on property information with market context.

This 63,939-square-foot medical office property was built in 1981 and supports a broad mix of occupants. Existing users include behavioral health providers, primary care and other healthcare practices, a credit union, educational and mental health service providers, professional offices, a coffee shop, and a full dine-in restaurant. The tenant mix combines medical, office, service, and food-related uses within one commercial asset.

The property is near United Hospital and Children's Hospital, providing proximity to two healthcare institutions. An independently operated AirGarage parking facility also serves the property and contributes an additional operating component. Zoning is T-2 - Traditional Neighborhood, supporting the property's established neighborhood-oriented commercial setting.

Key Highlights

  • 63,939‑square‑foot medical office property
  • Built in 1981
  • T‑2 - Traditional Neighborhood zoning

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Tanning Salon Electronics & Wireless 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

3,779
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

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  • Swenson Donald B MD — 17 W Exchange St # 835, St Paul, MN 55102, United States

Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-tenant medical office property with healthcare, professional office, educational, retail, and restaurant occupants.
Where is this medical office space located?
The property is located at 360 Sherman Street St Paul, MN.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 63,939‑square‑foot medical office property; Built in 1981; T‑2 - Traditional Neighborhood zoning
(952) 831-1000 Call to check price and availability
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