5960 Hwy 61st N, Saint Paul, MN 55110-2456
This 1,575-square-foot retail space, located in the Bald Eagle Shoppes Suite 2 at 5960 Hwy 61 N, St. Paul, MN 55110, is currently available. Situated in a Class B building constructed in 2002 and renovated in 2021, this single-tenant space is part of a larger 12,944-square-foot complex with two buildings and two stories. The property sits on 1.95 acres of land and boasts 71 total parking spaces, providing ample parking for customers and employees. The space features 9-foot ceilings (with potential to reach 10 feet), two entryways, a main area, a changing area, and a unisex bathroom. Currently configured for a martial arts studio, the open layout is adaptable to various retail or office uses, including but not limited to fitness studios (yoga, Pilates, CrossFit, MMA, etc.), coffee shops, or other retail concepts. The property enjoys high visibility and accessibility, with over 20,000 vehicles passing daily on Highway 61. Its location in White Bear Township offers excellent proximity to affluent suburbs like White Bear Lake, Hugo, and Mahtomedi. The zoning is designated for Retail and Office use. Taxes are approximately $4.25 per square foot. The base rent is negotiable, ranging from $18 to $23 per square foot NNN, depending on lease length and tenant improvement needs. A potential drive-thru window (up to 4 vehicles) is also a possibility. Access to common areas of adjacent executive office suites is included for up to two owner/manager personnel. Power is 120V. There are no elevators. The cross streets are Highway 61 and County Road J.
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MidWest School of Diving Vocational School Training Center
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Bald Eagle Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
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Mark Knabe Insurance & Financial Agency, Inc Insurance Agency
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
D · Saint Paul, MNSaint Paul. Always verify with local authorities before improvements.
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.