842 Rice St Saint Paul, MN 55117
- Investment properties
- 17,203 SF
- 0.23 lot acres
Current Use by Public Records
- Investment properties
Property Details for 842 Rice St
- Year built
- 1890
- Lot size
- 0.23 lot acres
- Property size
- 17,203 SF
- Zone code
- M
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 30-29-22-32-0167
- APU
- 302922320167
Description
This stunning, newly renovated (2024) 1,684 square foot creative office space is located in a mixed-use building on a corner lot at the intersection of Rice Street and Atwater Street West, near Como Avenue and Highway 35E. The building, constructed in 1890, boasts three stories and a total of 18,000 square feet. This single-tenant space offers a "white box" interior, allowing for complete customization to suit your specific needs. Build-out negotiations are welcome. The space features tall ceilings and large windows, creating a bright and open atmosphere. Parking is readily available with 12 off-street spaces (a ratio of 0.86 spaces per 1,000 square feet) and ample street parking. A traffic signal at the corner ensures high visibility for your business. The property benefits from modern HVAC and updated restrooms. The T2 zoning allows for mixed residential and commercial uses, providing flexibility for future expansion or adaptation. The 0.23-acre lot provides excellent visibility and accessibility. The property's APN is 302922320167, located in Ramsey County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $395,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $430,000
- Mixed-Use
- $435,000
- Hospitality
- $370,000
- Educational
- $440,000
- Residential Income
- $335,000
- Energy
- $330,000
- Income-Based Land
- $440,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1056
- Latitude
- 44.9668
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA