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Corner Office Building
New
For Sale
$375,000

640 Smith Ave S, Saint Paul, MN 55107

B2-zoned office property with two suites, lower-level storage, and access to Downtown St. Paul.

Property Size5,279 SF
Price / SF$71.04
Days on Market3

Property Features for 640 Smith Ave S

General Information

Standard status Active
Size 5,279 SF

Building Details

Year Built 1911
Listing Agency: RE/MAX Results
Listed By: Steve Casalenda · License #20517646
Source: Vibemn
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 2:57AM

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 Results

Investment Insights

Based on property information with market context.

This 1911 office building contains 5,279 square feet across a 2,592-square-foot main level and a 2,687-square-foot lower level. The main floor is divided into two office suites, with approximately 1,400 finished square feet in the left suite and approximately 1,000 finished square feet in the right suite. The left suite includes separate restrooms, a utility room, storage, and access to a loading area, while the lower level provides additional storage space.

Positioned on a 3,165-square-foot corner lot at Smith Avenue and Baker Street, the property carries B2 zoning for small-business use under 10,000 SF. Its location provides access to Downtown St. Paul, and both suites are expected to be vacant by May 2026. The configuration supports continued office use, owner occupancy, or repositioning within the existing building.

Key Highlights

  • 5,279 total square feet across two levels
  • 2,592‑square‑foot main level and 2,687‑square‑foot lower level
  • Two office suites with approximately 1,400 and 1,000 finished square feet

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Nail Salon Pharmacy Grocery & Convenience Store Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

384
Businesses Nearby

Demographics for 55107, MN

15,383
Population
6,063
Households
2.5
Avg Household Size
34
Median Age
31%
College-Educated
89%
High-School Grad
4.1 sq mi
ZIP Area
3,752
Density / Sq Mi
$78,125
Median Household Income
$46,197
Median Earnings
$1,335
Median Rent
$259,900
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
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Frequently Asked Questions

What type of property is this?
Office building - B2-zoned office property with two suites, lower-level storage, and access to Downtown St. Paul.
Where is this office building located?
The property is located at 640 Smith Ave S Saint Paul, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5,279 total square feet across two levels; 2,592‑square‑foot main level and 2,687‑square‑foot lower level; Two office suites with approximately 1,400 and 1,000 finished square feet
More about this property
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