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    611 Grand Ave Saint Paul, MN 55102-2611
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    Property profile & analytics

    611 Grand Ave Saint Paul, MN 55102-2611


    • Super regional malls
    • 21,700 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US46-0607870
    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.

    Value Estimations
    $1,670,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 611 Grand Ave

    Year built
    1923
    Construction
    WOOD FRAME
    Lot size
    0.34 lot acres
    Property size
    21,700 SF
    Zone code
    D
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    01-28-23-32-0037
    APU
    12823320037

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1259
    Latitude
    44.9402
    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
    $83,876
    $750,000
    $2,026,700
    $2,776,700
    -
    $750,000
    $2,026,700
    $2,776,700
    More about this property
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