536 Snelling Ave Saint Paul, MN 55104
- Specialty properties
- 13,453 SF
- 0.40 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 536 Snelling Ave
- Year built
- 1908
- Construction
- WOOD FRAME
- Lot size
- 0.40 lot acres
- Property size
- 13,453 SF
- Property type
- Specialty properties
- APN
- 34-29-23-23-0226
- APU
- 342923230226
Description
This exceptional mixed-use property at 536 Snelling Ave N, Saint Paul, MN 55104, presents a compelling investment opportunity. The 13,453 square foot building, classified as Class C, sits on a sizable 0.4-acre lot and is currently offered at $1,200,000 ($89.20/sq ft). The property boasts three residential units, two of which are currently leased, providing immediate rental income. Its strategic location places it within easy reach of light rail access and benefits from proximity to the Allianz Field redevelopment area, designated as an opportunity zone. The property's zoning is T2, allowing for a variety of potential uses. Ample surface parking is available on the lot. This location offers convenient access to I-94, capitalizing on the area's significant growth and attracting investors seeking substantial returns in a dynamic urban setting. The property is ideal for redevelopment or continued investment, presenting a rare chance to acquire a well-positioned asset in a thriving St. Paul neighborhood. This is a for sale by owner listing.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1665
- Latitude
- 44.9572
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA