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Historic Brick Office Suites with Natural Light
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413 Wacouta St, St Paul, MN 55101

Gross/full-service office leasing with landlord covering CAM, operating expenses, taxes, and utilities.

Space Size3,265 SF
Days on Market2090

Property Features for 413 Wacouta St

General Information

Standard status Active
Size 3,265 SF
Net Rentable 489 SF
Property subtype OFFICE
Lease Type Gross

Space & Availability

Available Space 489-9,246 SF
Space Use Office
Sublease No

Site & Location

Neighborhood Planning District 17
Highway Access Yes

Amenities

complimentary building conference room
building cleaning
building security
24/7 card access
high-speed Wi-Fi
skyway access

Building Details

Year Built 1893
Construction brick & timber

Spaces For Lease

at 413 Wacouta St
The Gilbert Building Space for Lease $16/SF/Yr
Floor 5
Size 3,265 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Very Competitive Lease Rates & Just Reduced! Current available spaces range from individual offices as small as 489 square feet up to full suites with 9,246+ square feet. Affordable Gross/Full-Service rates with landlord covering CAM/operating expenses, taxes, & utilities. Historic Brick & Timber Suites with great character and lots of natural light available in the Gilbert Building in the Lowertown area of Downtown St. Paul. Parking lot next to building for Gilbert Building Tenants and Visitor parking. Many other nearby parking options including cheap parking immediately behind the building, underground neighboring parking + 2nd floor skyway access. Other amenities include a great Full-time Property Manager on-site weekly, complimentary building conference room, comprehensive building cleaning, building security, 24/7 card access, & high-speed Wi-Fi. The Gilbert Building is one the Upper Midwest's truly beautiful office buildings. The Gilbert Building opened in 1893 and today is part of the National Register of Historic Places and underwent a major renovation in the mid-1980s. Many recent and modern updates throughout. See Offering Memorandum and Property Website for Floor Plans with availability. Listing Broker, Hayden Hulsey, to provide all tours. Highlights - • Very competitive Gross rates - Landlord covers all CAM/Operating Expenses & Taxes • Lots of recent leasing activity! • Brick & Timber with lots of Natural Light • Skyway Access, great nearby restaurants & coffee shop • Complimentary Conference Room, Wi-Fi, Building Security, & Cleaning • Located a minute from I-94 & I-35E. Ample parking options.
Contact us
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License #40169559
Source: Moodyscre
Added: Feb 8, 2021 Changed: Oct 26 Last Checked: Oct 28 at 12:03PM

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 Results Commercial

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Investment Insights

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Historic brick and timber office suites in the Gilbert Building, offering character and lots of natural light. Available space ranges from individual offices to full suites, with building amenities including a full-time property manager on-site weekly, a complimentary conference room, comprehensive building cleaning, building security, 24/7 card access, and high-speed Wi‑Fi.

The Gilbert Building opened in 1893 and is part of the National Register of Historic Places, with a major renovation completed in the mid-1980s and many more recent updates. Tenants have access to a parking lot next to the building for Gilbert Building tenants and visitor parking, along with additional nearby parking options including underground neighboring parking and second-floor skyway access. The property is about a minute from I-94 and I-35E.

Tours are coordinated by the listing broker, and floor plans with availability are provided through the offering materials.

Key Highlights

  • Historic Gilbert Building opened in 1893; major renovation in the mid‑1980s
  • Brick & timber suites with lots of natural light
  • Gross/full‑service leasing: landlord covers CAM/operating expenses, taxes, and utilities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Electrical Service Clothing & Fashion Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,283
Businesses Nearby

Demographics for 55101, MN

7,788
Population
5,651
Households
1.4
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
0.8 sq mi
ZIP Area
9,735
Density / Sq Mi
$72,703
Median Household Income
$56,947
Median Earnings
$1,573
Median Rent
$252,700
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

Frequently Asked Questions

What type of property is this?
Office unit - Gross/full-service office leasing with landlord covering CAM, operating expenses, taxes, and utilities.
Where is this office unit located?
The property is located at 413 Wacouta St St Paul, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Historic Gilbert Building opened in 1893; major renovation in the mid‑1980s; Brick & timber suites with lots of natural light; Gross/full‑service leasing: landlord covers CAM/operating expenses, taxes, and utilities
(651) 755-2068 Call to check price and availability
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