Property summary
This exceptional 18,000 square foot lot at 1671 Summit Avenue in Saint Paul's desirable Merriam Park/Lexington-Hamline neighborhood presents a unique redevelopment opportunity. Currently featuring a 13,038 square foot, one-unit building constructed in 1952, the property is zoned H2, offering versatile development options. Explore the potential to create a custom single-family home, a luxury multi-unit condominium building (with potential for more than 5 units subject to city approval), or a civic/institutional structure. The existing building, gutted to the studs, provides a solid foundation for your project. The substantial lot size and flexible zoning regulations make this an unparalleled chance to build a masterpiece in a highly sought-after location. The asking price is $995,000, with a price per square foot of $76.32. The property's Property Identification Number (PIN) is 042823140136. This is a rare chance to acquire a large, buildable lot in a prime St. Paul location. Don't miss this chance to shape the future of this coveted address.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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