521 Snelling N Ave Saint Paul, MN 55104-2331
- Retail residential properties
- 2,920 SF
- 0.10 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 521 Snelling N Ave
- Year built
- 1931
- Construction
- WOOD FRAME
- Lot size
- 0.10 lot acres
- Property size
- 2,920 SF
- Zone code
- M
- Property type
- Retail residential properties
- APN
- 33-29-23-14-0053
- APU
- 332923140053
Description
This exceptional investment opportunity presents a 2,920 square foot retail property located at 521 Snelling Ave N in Saint Paul, Minnesota, 55104. The property, built in 1953, features a single-story storefront with a full basement, situated on a lot with street parking and additional parking accessible via a rear alley. Currently operating at 100% occupancy, the space is zoned T2 - Traditional Neighborhood, offering flexibility for various uses. The asking price is $204,400, translating to $70.00 per square foot. The building is conveniently located near the intersection of University Avenue and Snelling Avenue, one of the busiest intersections in the Twin Cities metro area. Furthermore, its proximity to the Allianz Field redevelopment project presents significant potential for future growth and appreciation. The property's current tenant is an office service user, vacating on November 24th, providing immediate opportunity for new ownership and occupancy. This owner/user investment presents a rare chance to acquire a well-located, established retail space in a thriving area of Saint Paul. The property includes one building, two stories, and is identified by APN 33-29-23-14-0053.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1674
- Latitude
- 44.9569
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
