536 Snelling N Ave, Saint Paul, MN 55104-2332
This exceptional mixed-use property at 536 Snelling Ave N, Saint Paul, MN 55104, presents a compelling investment opportunity. The 13,453 square foot building, classified as Class C, sits on a sizable 0.4-acre lot and is currently offered at $1,200,000 ($89.20/sq ft). The property boasts three residential units, two of which are currently leased, providing immediate rental income. Its strategic location places it within easy reach of light rail access and benefits from proximity to the Allianz Field redevelopment area, designated as an opportunity zone. The property's zoning is T2, allowing for a variety of potential uses. Ample surface parking is available on the lot. This location offers convenient access to I-94, capitalizing on the area's significant growth and attracting investors seeking substantial returns in a dynamic urban setting. The property is ideal for redevelopment or continued investment, presenting a rare chance to acquire a well-positioned asset in a thriving St. Paul neighborhood. This is a for sale by owner listing.
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.