320 Chester St Saint Paul, MN 55107
This exceptional 2,600-square-foot single-tenant flex space, located at 320 Chester Street in Ramsey County, presents a unique investment opportunity. Built in 1981 and renovated in 1994, this Class C industrial property boasts a 14-foot ceiling height and offers ample parking with 25 spaces. The property features a versatile layout encompassing office, lab, and warehouse areas, ideal for a variety of uses. Its strategic location provides easy access to major transportation arteries, including Highway 52 and I-94. Currently vacant, this property offers immediate occupancy. A significant advantage is the inclusion of $350,000 worth of specialized equipment and ventilation systems, perfectly suited for a hemp, CBD, or THC business, available for purchase at a discounted price of $185,000. This represents a substantial cost savings for a prospective buyer looking to enter this burgeoning market. The single-story building provides efficient workflow and easy accessibility. The inexpensive rental rate makes this property an attractive investment with strong potential for return. This is a rare opportunity to acquire a fully equipped and strategically located industrial space at a highly competitive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.