141 4th E St 1, Saint Paul, MN 55101-1627
This exceptional 16-story mixed-use property, originally the Pioneer Press building, offers a unique retail investment opportunity in Saint Paul's vibrant Lowertown submarket. Boasting a total of 355,781 square feet across 232 suites, this landmark building, constructed in 1889 and renovated in 2013, presents a blend of historic charm and modern amenities. Currently, 1,536 square feet of retail space is available for lease. The property sits on a 1.08-acre lot (APN: 06-28-22-11-0080, 06-28-22-11-0014, 06-28-22-11-0015) in Ramsey County and benefits from excellent accessibility, being conveniently connected to the St. Paul skyway system and within walking distance of the Green Line light rail and Metro Transit bus routes. Its prime location places it steps away from numerous attractions, including Mears Park, the Farmers Market, CHS Field (St. Paul Saints), the Minnesota Children's Museum, and the Xcel Energy Center. The building features elevators for convenient access to all floors. This is a rare chance to acquire a piece of Saint Paul history in a thriving, high-traffic area. The property's multi-tenant structure and diverse mix of retail and residential units provide a stable and potentially lucrative investment. The available retail space presents an excellent opportunity for a business seeking a high-visibility location in a dynamic and rapidly growing neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.