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    OFF-MARKET
    Warehouses

    15 Oakley Ave, Saint Paul, MN 55104-3418

    1,200 SF 0.12 ac lot Built 1992
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US46-0964222
    Property summary
    AI-generated overview

    This exceptional 2,600-square-foot mixed-use building presents a unique investment opportunity in Saint Paul, Minnesota. Located at 15 Oakley Ave, 55104, this newly constructed (2023-2024) two-story building boasts a versatile T-3 zoning designation, allowing for a wide range of commercial and residential uses. The property features ample onsite parking, an automatic overhead door, ADA accessibility, and attractive landscaping. High-quality construction and professional finishes are evident throughout, including abundant windows. The building's flexible layout is ideal for various businesses, from traditional office spaces to warehouse operations, or even a live-work unit. Its prime location, just one block from University Avenue West, offers easy access to public transportation, numerous amenities, and a vibrant urban environment. Nearby attractions include Prior Avenue N & West Lynnhurst Avenue, along with colleges, universities, hospitals, and various retail establishments. Potential uses include, but are not limited to, office space, retail, restaurants, medical clinics, or even residential adaptations permitted under the T-3 zoning. The 0.12-acre lot provides ample space. Prospective buyers are advised to independently verify all measurements, plans, zoning details, and other relevant information. Asking price is $415,000 ($159.62/sq ft).

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1992
    Construction WOOD FRAME
    Total area 1,200 SF
    Lot 0.12 ac (5,401 SF)
    Zoning code M
    APN 33-29-23-24-0042
    UPID US46-0964222
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Noelle Bortscheller · 1 yrs held
    Noelle Bortscheller
    since 2024
    Last sale
    $373,452
    2 recorded transactions
    2024
    $373,452
    2016
    $549,000
    Zoning & alternative use
    M · Saint Paul, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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