Property summary
This exceptional investment opportunity presents the Merchants of Crocus Hill, a thriving 216,700 square foot shopping center located at 611 Grand Avenue in Saint Paul, Minnesota, zip code 55102. This prime retail property is situated in a bustling neighborhood, boasting a vibrant atmosphere and strong tenant occupancy. Currently housing six established businesses, this center benefits from its location on Grand Avenue, surrounded by popular shops, restaurants, and cafes. The property's history spans over 80 years, establishing a loyal customer base and consistent rental income. The asking price for this well-established retail center is $2,600,000. The property is classified as both retail and land, offering significant potential for future development or expansion. Its location in Ramsey County, Minnesota, provides excellent access to transportation and a large consumer base. This is a rare opportunity to acquire a significant commercial property in a highly desirable and established location within Saint Paul. The property's long-standing success and prime location make it an attractive investment for those seeking a stable and profitable asset in a thriving market. The substantial square footage and existing tenant base provide immediate income potential, while the location offers significant long-term growth opportunities. This is a truly exceptional opportunity to own a piece of Saint Paul's rich commercial history.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D · Saint Paul, MNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D in Saint Paul, MN.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.