Historic Flex Space
New
For Sale
$26,900,000
707 Minnehaha Avenue East, Saint Paul, MN 55106
Two historic properties repositioned as art and science incubator campuses with industrial, office, and flex functionality.
Property Size471,835 SF
Price / SF$57.01
Days on Market5
Property Features for 707 Minnehaha Avenue East
General Information
Standard status
Active
Size
471,835 SF
Property subtype
Office
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Minnesota
Listed By:
Steve Lysen
(952) 924-4620
Source:
Cbre
Added: Sep 20
Last Checked: Sep 22 at 3:07PM
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 CBRE - Minnesota
Investment Insights
Based on property information with market context.
This two-property portfolio comprises 471,835 square feet of repositioned industrial, office, and flex space in Saint Paul. The Everest property occupies the former Stroh’s Brewery, while Ariel/Ivy Place reflects the conversion of the historic Flour City Iron Works plant. Both campuses serve as art and science incubator environments with diverse business communities and neighborhood-oriented uses.
Everest is home to 90+ local and national businesses, and Ariel/Ivy Place accommodates 110+ businesses, including the Vine Arts Center. Each property has recorded an average occupancy rate of 98% across the past 5+ years. The portfolio is located at 707 Minnehaha Avenue East in Saint Paul, Minnesota.
Everest is home to 90+ local and national businesses, and Ariel/Ivy Place accommodates 110+ businesses, including the Vine Arts Center. Each property has recorded an average occupancy rate of 98% across the past 5+ years. The portfolio is located at 707 Minnehaha Avenue East in Saint Paul, Minnesota.
Key Highlights
- 471,835‑square‑foot portfolio spanning two Saint Paul properties
- Everest occupies the former Stroh’s Brewery and has been repositioned as an art and science incubator campus
- Ariel/Ivy Place is housed in the transformed historic Flour City Iron Works plant
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55106, MN
60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- ADS Catering — 705 3rd St E, St Paul, MN 55106
Frequently Asked Questions
What type of property is this?
Flex space - Two historic properties repositioned as art and science incubator campuses with industrial, office, and flex functionality.
Where is this flex space located?
The property is located at 707 Minnehaha Avenue East Saint Paul, MN.
What is the asking price?
The asking price for this property is $26,900,000.
What are key features of this property?
This property features: 471,835‑square‑foot portfolio spanning two Saint Paul properties; Everest occupies the former Stroh’s Brewery and has been repositioned as an art and science incubator campus; Ariel/Ivy Place is housed in the transformed historic Flour City Iron Works plant
