5960 Hwy 61st N Saint Paul, MN 55110-2456
Property profile & analytics
5960 Hwy 61st N Saint Paul, MN 55110-2456
- Strip malls
- 11,824 SF
- 1.95 lot acres
Property ID
US46-0264639
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- MidWest School of Diving / Vocational School / Training Center
- Bald Eagle Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Mark Knabe Insurance & Financial Agency, Inc / Insurance Agency
Property Details for 5960 Hwy 61st N
- Year built
- 1958
- Construction
- WOOD FRAME
- Lot size
- 1.95 lot acres
- Property size
- 11,824 SF
- Zone code
- D
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 01-30-22-22-0004
- APU
- 13022220004
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,335,000
- ML approach
- $1,370,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,740,000
- 6.5%
- $1,605,000
- 7%
- $1,490,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,449,000
Market price range: $1.33M - $2.90M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,985,000 Current use
- AUTO REPAIR, GARAGE
- $2,395,000 Change: +21% Conversion: Difficult
- MEDICAL BUILDING
- $1,740,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0026
- Latitude
- 45.1223
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,692
$594,600
$835,300
$1,429,900
-
$594,600
$835,300
$1,429,900
