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Two-Suite Office Building
New
For Sale
$349,900

640 Smith Avenue S, Saint Paul, MN 55107

Commercial Sale, Saint Paul, MN

Property Size5,279 SF
Lot Size0.07 Acres
Price / SF$66.28
Days on Market4

Property Features for 640 Smith Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Basement
Parking features Driveway, On Street
Window features Aluminum Frames
Subdivision Princes Rearrangement Etc
Lot features Public Transit (w/in 6 blks), Corner Lot
High school district St. Paul
Directions Annapolis Street to Smith Avenue, go North on Smith to property on the corner of Smith and Baker
Standard status Active
APN 072822320003
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8296

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1911
Roof type Flat
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Steve Casalenda · License #20517646
Added: Oct 2 Last Checked: Oct 5 at 1:06PM
MLS# 7154412

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,279-square-foot office building is arranged as two separate suites, with 2,592 square feet on the main level and 2,687 square feet below. The suites include approximately 1,400 and 1,000 finished square feet, respectively. The lower level is used for storage, and both suites are vacant. The property was built in 1911 and has forced-air heating and central air conditioning.

The building occupies a 3,165-square-foot lot at Smith Avenue and Baker Street in Saint Paul. Parking options include a driveway and on-street parking. Its B2 zoning is identified for small-business use under 10,000 SF.

Key Highlights

  • 5,279 SF building with 2,592 SF on the main level and 2,687 SF below
  • Two vacant office suites with approximately 1,400 and 1,000 finished square feet
  • B2 zoning for small‑business use under 10,000 SF

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.

Lease Details

2
Office units

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - B2 zoning supports small-business use for properties under 10,000 SF.
Where is this office building located?
The property is located at 640 Smith Avenue S Saint Paul, MN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 5,279 SF building with 2,592 SF on the main level and 2,687 SF below; Two vacant office suites with approximately 1,400 and 1,000 finished square feet; B2 zoning for small‑business use under 10,000 SF
More about this property
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