2650 University W Ave Saint Paul, MN 55114-1917
Property profile & analytics
2650 University W Ave Saint Paul, MN 55114-1917
- Retail space
- 7,411 SF
- 0.21 lot acres
Property ID
US46-0437174
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
- Retail space
Property Details for 2650 University W Ave
- Year built
- 2005
- Lot size
- 0.21 lot acres
- Property size
- 7,411 SF
- Property type
- Retail space
- APN
- 29-29-23-32-0058
- APU
- 292923320058
Description
This exceptional mixed-use retail opportunity is located within the vibrant Metro Lofts building at 2650 University Ave W, Saint Paul, MN 55114. Situated in Ramsey County, this property offers 2,309 square feet of vacant space within a larger 4,955 square foot building. Built in 2006, the five-story Metro Lofts is part of the established Westgate Station mixed-use district, providing excellent access to major transportation arteries including University Avenue, Highway 280, and I-94, making it easily accessible from both Minneapolis and Saint Paul's central business districts. The property boasts ample surface parking with 44 stalls, a ratio of 6.33 spaces per 1,000 square feet. The building's location offers residents and patrons convenient access to the beautiful and walkable Prospect Park neighborhood and nearby Mississippi River park and trail systems. This is a unique chance to establish a business in a thriving, well-connected urban environment within a building that also includes 67 residential condominium units, creating a built-in customer base. The single suite available presents a blank canvas for a variety of retail concepts. This property is ideal for businesses seeking high visibility and convenient access within a dynamic mixed-use community.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $630,000
Market price range: $405k - $1.27M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $760,000 Current use
- WAREHOUSE, STORAGE
- $855,000 Change: +13% Conversion: Difficult
- OFFICE BUILDING
- $810,000 Change: +7% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $680,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.2066
- Latitude
- 44.9673
- 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
$20,456
$272,400
$469,800
$742,200
-
$272,400
$469,800
$742,200
