Search
Versatile Flex Space Opportunity
For Sale
Contact for pricing

950 3rd St, Saint Paul Park, MN 55071

23,432 SF flex space with residential re-zoning potential.

Property Size23,432 SF
Days on Market684

Property Features for 950 3rd St

General Information

Standard status Active
Size 23,432 SF
Property subtype Special Purpose, Senior Living, Multifamily
Zoning R-3 / R-4

Building Details

Year Built 1960
Buildings 1
Stories 1
Listing Agency: EFH Realty Advisors, Inc.
Listed By: Susan Whalen · License #87567
Source: Crexi
Added: Oct 24, 2024 Changed: Sep 2 Last Checked: Sep 6 at 9:57PM

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 EFH Realty Advisors, Inc.

Investment Insights

Based on property information with market context.

This 23,432 square-foot property currently offers flex space suitable for various uses. Re-zoning to R-4 high-density residential is already permitted, and assisted living is possible with a Conditional Use Permit (CUP). The property features ample shared surface parking. Situated in a quiet residential neighborhood, the location provides a tranquil setting. It is adjacent to a community pool and the Nuevas Fronteras Spanish Immersion School. The property was previously a school, and the school district still owns the land behind it, presenting a possibility to expand the project size.

Key Highlights

  • Re‑Zoning to R‑4: High Density Residential permitted; Assisted Living with Conditional Use Permit (CUP).
  • Ample Space: 23,432 square feet, previously a school, with potential for expansion.
  • Current Flex Space: Versatile for various uses.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

208
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55071, MN

5,827
Population
2,454
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
5.0 sq mi
ZIP Area
1,165
Density / Sq Mi
$98,945
Median Household Income
$54,460
Median Earnings
$2,116
Median Rent
$256,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - 23,432 SF flex space with residential re-zoning potential.
Where is this flex space located?
The property is located at 950 3rd St Saint Paul Park, MN.
What are key features of this property?
This property features: Re‑Zoning to R‑4: High Density Residential permitted; Assisted Living with Conditional Use Permit (CUP).; Ample Space: **23,432 square feet**, previously a school, with potential for expansion.; Current Flex Space: Versatile for various uses.
(952) 890-6450 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message