1955 University Ave Saint Paul, MN 55104
- Warehouses
- 15,696 SF
- 0.48 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1955 University Ave
- Year built
- 1980
- Lot size
- 0.48 lot acres
- Property size
- 15,696 SF
- Property type
- Warehouses
- APN
- 33-29-23-24-0079
- APU
- 332923240079
Description
This exceptional two-story, 15,696 square foot office building, situated at 1955 University Ave W in Saint Paul, Minnesota, presents a compelling investment opportunity. Built in 1980 and extensively renovated in 2016, the property boasts 18 suites, with 2,134 square feet currently vacant, offering a range of spaces from 293 to 1,081 square feet, ideal for entrepreneurs, startups, or established businesses. The building features ample on-site parking with 32 spaces. Its prime location on University Avenue, at the corner of Prior Avenue N, benefits from high visibility, being directly across from a Menards and just one block from the Fairview Green Line Metro station, providing convenient access to public transportation. The recent exterior repainting and interior renovation ensure a fresh, clean, and functional workspace. The property sits on a 0.64-acre lot in the Midway submarket cluster of Ramsey County, with easy access to Highway 280 and I-94. The building is classified as Class C and includes a first-floor retail space and a second-floor office area. The property's address is 33-29-23-24-0079 (APN). This is a rare chance to acquire a well-maintained, conveniently located office building in a thriving area of Saint Paul.
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
- -93.1819
- Latitude
- 44.9582
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA