You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

413 Wacouta St Saint Paul, MN 55101-1644

Office buildings Google Maps
49,920 SF 0.29 ac lot Built 1894
Entity Owned 13-yr Hold ~ Est. High Equity
Estimated value (blended)
$4.04M
Range $3.63M – $4.44M (±10%)
Property ID US46-3201685

Property summary

AI-generated overview

This stunning five-story, 49,920-square-foot building, constructed in 1894 and listed on the National Register of Historic Places, offers a variety of office spaces in the heart of St. Paul's Lowertown. The building features a blend of historic charm and modern updates, including high-speed Wi-Fi and a recently renovated interior. Suites range from cozy individual offices (approximately 489 square feet) to expansive full suites exceeding 9,246 square feet, providing flexibility for businesses of all sizes. The property boasts two elevators, 24/7 card access, and a full-time on-site property manager ensuring smooth operations. Tenants enjoy a competitive, all-inclusive lease rate covering CAM, taxes, and utilities. The building's character is enhanced by its historic brick and timber construction and abundant natural light. Convenient parking is readily available in a nearby lot exclusively for tenants and visitors, with additional options including inexpensive parking directly behind the building, underground parking in neighboring structures, and second-floor skyway access. A complimentary conference room adds to the building's amenities. Floor plans and availability are detailed in the offering memorandum and on the property website. Minimum leasable space is 100 square feet, with a maximum contiguous space of 3,072 square feet. The building is classified as Class B.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1894
Total area 49,920 SF
Lot 0.29 ac (12,502 SF)
Zoning code P
APN 31-29-22-44-0055
UPID US46-3201685

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$4.07M
Blend (final) Blend
$4.04M

Owner & transaction history

since 2013
6 recorded transactions
2013
$3.6M
2006
$250,000
2006
$2.1M
2006
$2.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

P · Saint Paul, MN
Top alternative use upside
Warehouse, storage $5.8M +5.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
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