Property profile

635 Fairview N Ave Saint Paul, MN 55104

OFF-MARKET
Office buildings
Property ID
US46-1125896
5,660 SF 0.22 ac lot Built 1946
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

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

Location

635 Fairview N Ave Saint Paul, MN 55104-1709
Saint Paul metro Census 31900 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2025
Last sale
$886,875
5 recorded transactions
2025
$886,875
2025
Price N/A
2017
$370,500
1999
$275,000
1998
$2.1M

Zoning & alternative use

Q · Saint Paul, MN
Top alternative use upside
Restaurant $1.2M +92.8%
Auto repair, garage $1.1M +85.1%
Neighborhood: shopping center $950,000 +53.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 635 Fairview N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message