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    Property profile & analytics
    OFF-MARKET Estimated value $890,000
    Office buildings

    635 Fairview N Ave, Saint Paul, MN 55104-1709

    5,660 SF 0.22 ac lot Built 1946
    Entity Owned ~ Est. High Equity
    Property ID
    US46-1125896
    Property summary
    AI-generated overview

    This exceptional 5,600 square foot office building, located at 635 Fairview Ave N in Saint Paul, Minnesota, presents a unique investment opportunity. Built in 1946 and fully renovated in 2017, this two-story brick/block structure offers a blend of classic charm and modern functionality. The property is currently vacant, providing immediate occupancy for a new owner or tenant. The building boasts 11 parking spaces, a significant advantage in this bustling area. Situated in the heart of Saint Paul's Midway neighborhood, the property benefits from its proximity to a diverse mix of retail, restaurants, and residential areas. The Midway's central location between Minneapolis and Saint Paul, combined with its high traffic volume, makes this a highly desirable commercial location. The property is zoned i1 and features a total of 5,600 square feet of space, ideal for a variety of office uses, including creative and traditional office setups. The asking price is $849,000, with estimated 2024 property taxes of $19,990. This is a rare opportunity to acquire a fully renovated, well-located office building in a thriving commercial district. The building's size, location, and recent renovation make it an attractive investment for both owner-occupiers and investors seeking a strong return.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1946
    Total area 5,660 SF
    Lot 0.22 ac (9,627 SF)
    Zoning code Q
    APN 33-29-23-21-0004
    UPID US46-1125896
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.11M
    Comparable Approach Comparable
    $690k
    Blend (final) Blend
    $890k
    Owner & transaction history
    Bright Start Child Care Center INC
    Bright Start Child Care Center INC
    since 2025
    Last sale
    $886,875
    5 recorded transactions
    2025
    $886,875
    2025
    2017
    $370,500
    1999
    $275,000
    1998
    $2.1M
    Zoning & alternative use
    Q · Saint Paul, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.2M +92.8%
    Auto repair, garage $1.1M +85.1%
    Neighborhood: shopping center $950,000 +53.3%
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