Industrial Redevelopment
867 Forest St N, St Paul, MN 55106
For Sale
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The as-is property is offered as part of a portfolio that includes additional Forest Street parcels.
Property Size7 SF
Lot Size7.83 Acres
Days on Market9
Property Features for 867 Forest St N
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Modern CRE
(952) 929-2020
Listed By:
Sam Maguire
(612) 231-7644
Source:
Moodyscre
Added: Nov 5
Changed: Nov 12
Last Checked: Nov 12 at 2:45PM
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 Modern CRE
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Investment Insights
Based on property information with market context.
The industrial land at 867 Forest St N is offered in its as-is condition as part of a portfolio package. The package also identifies 827 Forest St N and seven residential parcel lots totaling 0.65 acres. The property is associated with the former Northern Iron operation, which is scheduled to cease operations in October 2026, with the building expected to be fully vacated by February 2027.
The site is at Highway 61 and Phalen Boulevard, near downtown St. Paul and the HealthPartners Specialty Center. The source also notes local community and stakeholder support for redevelopment toward an alternative use serving the Payne-Phalen neighborhood.
The site is at Highway 61 and Phalen Boulevard, near downtown St. Paul and the HealthPartners Specialty Center. The source also notes local community and stakeholder support for redevelopment toward an alternative use serving the Payne-Phalen neighborhood.
Key Highlights
- Industrial land at Highway 61 and Phalen Boulevard
- Portfolio package includes 827 Forest St N and 867 Forest St N
- Package also includes seven residential parcel lots totaling 0.65 acres
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Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
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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 Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - The as-is property is offered as part of a portfolio that includes additional Forest Street parcels.
Where is this industrial land located?
The property is located at 867 Forest St N St Paul, MN.
What are key features of this property?
This property features: Industrial land at Highway 61 and Phalen Boulevard; Portfolio package includes 827 Forest St N and 867 Forest St N; Package also includes seven residential parcel lots totaling 0.65 acres
