Property profile

0 4Th St Saint Paul, MN 55101

OFF-MARKET
Warehouses
98,670 SF 0.32 ac lot Built 1916
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Property summary

AI-generated overview

The Northwestern Building, a 98,670-square-foot, nine-story office building located at 275 4th Street E, Saint Paul, MN 55101, presents a unique investment opportunity. Built in 1916 and renovated in 1923, this Class C building is listed on the National Register of Historic Places and offers a blend of traditional and creative office spaces. The building features 130 total suites, with 18 currently available, ranging from 336 to 2,419 contiguous square feet. The maximum contiguous space available is 2,419 square feet. Amenities include two passenger and freight elevators, high-speed internet, 24/7 tenant access, and a convenient on-site dessert restaurant. Several suites can be combined to accommodate larger tenants' needs, potentially including kitchenettes. The 0.32-acre property is zoned B5 and boasts high ceilings and large windows offering views of downtown Saint Paul. Its prime Lowertown location provides easy access to I-94 and the I-94/I-35 interchange, placing it within close proximity to CHS Field, Xcel Energy Center, Regions Hospital, M Health Fairview St. Joseph's, and the Minnesota State Capitol. Lowertown's vibrant atmosphere, featuring repurposed warehouses now housing event spaces, art galleries, and restaurants, adds to the building's appeal. This property offers a compelling combination of historic charm, modern amenities, and a strategic location in the heart of Saint Paul's thriving Lowertown district. The APN is 32-29-22-33-0053. Currently, 18,215 square feet of space is vacant.

Property profile

Verified
Property type Warehouses
Year built 1916
Total area 98,670 SF
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4Th St Saint Paul, MN 55101
Saint Paul metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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