320 Chester St Saint Paul, MN 55107
- Industrial properties
- 2,600 SF
Current Use by Public Records
- Industrial properties
Property Details for 320 Chester St
- Year built
- 1981
- Property size
- 2,600 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0714
- Latitude
- 44.9364
