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Property profile & analytics
OFF-MARKET Estimated value $1,685,000
Bars & Pubs

200 Concord Exchange N South Saint Paul, MN 55075-1103

31,815 SF 0.47 ac lot Built 1887
Individually Owned ~ Est. High Equity
Property ID
US46-0722774
Property summary
AI-generated overview

This exceptional property, located at 200 Concord Exchange N in South Saint Paul, Minnesota, presents a unique investment opportunity. Built in 1887, the 30,000 square foot building boasts a rich history and currently operates as a thriving event center and restaurant. The asking price is $3,500,000, translating to $116.67 per square foot. The property features ample parking and is equipped to comfortably seat 350 guests. Included in the sale is a 14-suite boutique hotel, each beautifully decorated, with the potential to expand by adding six more rooms. Detailed equipment lists are available upon request. This landmark building offers a blend of historical charm and modern functionality, making it an ideal investment for a discerning buyer seeking a high-profile, established business in a desirable location within Dakota County, zip code 55075. The property's size and existing infrastructure provide significant potential for continued growth and expansion within the hospitality and event industries. This is a rare opportunity to acquire a piece of South Saint Paul's history and capitalize on its inherent value and potential. The property's prime location and established reputation make it an attractive proposition for a variety of uses.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1887
Construction CONCRETE
Total area 31,815 SF
Lot 0.47 ac (20,473 SF)
Zoning code R
APN 36-72850-01-130
UPID US46-0722774
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
Current use
Occupant on record · Public records
  • Historic Concord Exchange Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.69M
Owner & transaction history
Richard A Defoe
Richard A Defoe
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R · South Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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