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Property summary
This exceptional Saint Paul office property, located at 1000 University Avenue West, offers a unique blend of historic charm and modern functionality. The two-story, 60,002 square foot building, constructed in 1913 and renovated in 2018, boasts a captivating history as a former manufacturing plant, with elements of its original brickwork preserved throughout the interior. Currently configured as a multi-tenant building with one suite, it presents a rare opportunity for businesses seeking flexible space options ranging from approximately 2,000 to 8,694 square feet. The property sits on a 1.48-acre lot (64,469 square feet) and features ample parking with 86 spaces. Conveniently located in Saint Paul's Midway neighborhood, this Class B building offers easy access to major transportation routes. The property includes an elevator and is zoned T2. The building's rich history and modern updates create a distinctive and desirable workspace. Currently, 1,684 square feet are vacant, presenting an immediate opportunity for expansion or lease acquisition. The property's Asset Property Number (APN) is 352923320165, located in Ramsey County, Minnesota, within the MN - Northeast submarket, and has a zip code of 55104.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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