Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $640,000
    Retail space

    2650 University W Ave, Saint Paul, MN 55114-1917

    7,411 SF 0.21 ac lot Built 2005
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US46-0437174
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2005
    Total area 7,411 SF
    Lot 0.21 ac (9,148 SF)
    APN 29-29-23-32-0058
    UPID US46-0437174
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $630k
    Blend (final) Blend
    $640k
    Owner & transaction history
    Chase Hm Fin LLC · 15 yrs held
    Chase Hm Fin LLC
    since 2011
    7 recorded transactions
    2022
    2011
    $256,757
    2006
    $250,585
    2006
    $199,250
    2006
    $197,385
    2006
    $279,600
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $855,000 +12.7%
    Office building $810,000 +7.1%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2650 University W Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message