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    536 Snelling Ave Saint Paul, MN 55104

    Sponsored
    For Sale
    $1,200,000

    Prime St. Paul storefront, 3 units, high growth area.

    Property size:
    13,453 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 536 Snelling Ave N, Saint Paul, MN 55104, presents a compelling investment opportunity. The 13,453 square foot building, classified as Class C, sits on a sizable 0.4-acre lot and is currently offered at $1,200,000 ($89.20/sq ft). The property boasts three residential units, two of which are currently leased, providing immediate rental income. Its strategic location places it within easy reach of light rail access and benefits from proximity to the Allianz Field redevelopment area, designated as an opportunity zone. The property's zoning is T2, allowing for a variety of potential uses. Ample surface parking is available on the lot. This location offers convenient access to I-94, capitalizing on the area's significant growth and attracting investors seeking substantial returns in a dynamic urban setting. The property is ideal for redevelopment or continued investment, presenting a rare chance to acquire a well-positioned asset in a thriving St. Paul neighborhood. This is a for sale by owner listing.

    Property Features for 536 Snelling Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,453 SF
    Class
    C
    Lot Size
    17,424 SF

    Building Details

    Units
    3

    HighLights

    • 0.4‑acre lot in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1667395
    Latitude
    44.9572332

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    FAQs

    What type of property is this?
    Individual retail property - Prime St. Paul storefront, 3 units, high growth area.
    Where is this individual retail property located?
    The property is located at 536 Snelling Ave Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 0.4-acre lot in an Opportunity Zone.; ;
    Request Owner's contact information
    536 Snelling Ave Saint Paul, MN 55104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    536 Snelling Ave Saint Paul, MN 55104
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