2214 5Th St Saint Paul, MN 55110
- Office Properties & Spaces
- 1,088 SF
- 0.02 lot acres
Current Use by Public Records
- Markiewicz Law Office, P.A. / Family Law Attorney / Civil Law Attorney
- Healing Within Acupuncture & Wellness Studio / Acupuncture Clinic
- GEM Health / Health Consultant / Medical Equipment Supplier
- AGYTHA / Jewelry Designer
- ab Ellie / Fashion Accessories Store / Bridal Shop
Property Details for 2214 5Th St
- Year built
- 1984
- Construction
- WOOD FRAME
- Lot size
- 0.02 lot acres
- Property size
- 1,088 SF
- Zone code
- D
- Property type
- Office Properties & Spaces
- APN
- 14-30-22-41-0141
- APU
- 143022410141
Description
This exceptional 7,651 square foot medical office space, located at 2214 5th St in White Bear Lake, Minnesota, presents a unique investment opportunity. Situated in Ramsey County, this single-tenant property, built in 1984, offers a prime location near Banning Avenue. The building boasts excellent visibility and is conveniently located within walking distance of a variety of retail, dining, and entertainment options, ensuring high foot traffic and accessibility for patients and clients. The property's previous use as a medical office makes it ideally suited for a range of healthcare practices, including general practice, specialty medical services, counseling clinics, autism clinics, or similar businesses seeking a professional and established environment. The property consists of one building and comprises a total of 7,651 square feet of usable space. Its location in the 55110 zip code of White Bear Lake provides easy access to major transportation routes, further enhancing its appeal to both businesses and their clientele. This property offers a rare chance to acquire a well-positioned, established medical office space in a thriving community. The building's solid construction and convenient location make it an attractive option for businesses seeking a turnkey solution. The property is ready for immediate occupancy and presents a compelling opportunity for growth and success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $160,000
- 6.5%
- $165,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $175,000
- Mixed-Use
- $200,000
- Hospitality
- $195,000
- Educational
- $165,000
- Residential Income
- $185,000
- Energy
- $180,000
- Income-Based Land
- $150,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- White Bear Lake
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0071
- Latitude
- 45.0862
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
