2650 University W Ave, Saint Paul, MN 55114-1917
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.