1955 University Ave W Saint Paul, MN 55104
Property profile & analytics
1955 University Ave W Saint Paul, MN 55104
- Warehouses
- 15,696 SF
- 0.48 lot acres
Property ID
US46-0927870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1955 University Ave W
- 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 Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,919,000
Market price range: $900k - $2.84M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,810,000 Current use
- MEDICAL BUILDING
- $2,310,000 Change: +28% Conversion: Difficult
- OFFICE BUILDING
- $1,720,000 Change: -5% Conversion: Difficult
- RETAIL STORES
- $1,605,000 Change: -11% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,560,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
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
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,512
$502,300
$1,113,300
$1,615,600
-
$502,300
$1,113,300
$1,615,600
