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St. Paul Stand-Alone Building
For Sale
$599,000

500 Grotto Street North St., Saint Paul, MN 55104

Stand-alone building with parking, suitable for office, retail, or residential.

Property Size9,672 SF
Price / SF$61.93
Days on Market326

Property Features for 500 Grotto Street North St.

General Information

Standard status Active
Size 9,672 SF
Class C
Total Parking Spaces 100
Property subtype Office
Zoning T-2 Traditional Neighborhood + R4 One Family

Taxes and HOA fees

Annual Taxes $9,122

Building Details

Building Size 9,672 SF
Year Built 1900
Listing Agency: RE/MAX
Listed By: Hayden Hulsey, CCIM · License #40169559
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 16 at 3:02AM

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 RE/MAX

Investment Insights

Based on property information with market context.

This stand-alone building, zoned T-2, is located just off University Ave in St. Paul. It is currently set up as an office and offers a wide variety of potential uses, including office, retail, live/work, and residential/multifamily. The property includes excellent parking with two parking lots totaling 22 stalls. The sale includes both 500 Grotto (building and parking) and 499 Grotto (additional parking). The building is suitable for an owner/user or investor and is currently vacant. Both levels feature several large offices, a kitchen on the first floor, conference rooms, restrooms (3 total), and ample storage. The 500 Grotto property is zoned T2, while 499 Grotto is zoned R4. Separate furnaces are located on each level. The building offers flexibility, with the ability to rent out one of the levels and occupy the other, or to rent out each floor separately. The property is located on a corner lot on Grotto Street N, one block north of University Ave. The property size is 9672 square feet.

Key Highlights

  • Versatile T‑2 Zoning allows for a wide variety of uses: Office, Retail, Live/Work, Residential/Multifamily, etc.
  • Excellent parking with 22 stalls across two lots.
  • Prime location just off University Ave in a convenient St. Paul location.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Storage Facility

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

971
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Stand-alone building with parking, suitable for office, retail, or residential.
Where is this office building located?
The property is located at 500 Grotto Street North St. Saint Paul, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Versatile T‑2 Zoning allows for a wide variety of uses: Office, Retail, Live/Work, Residential/Multifamily, etc.; Excellent parking with **22 stalls** across two lots.; Prime location just off University Ave in a convenient St. Paul location.
More about this property
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