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    OFF-MARKET
    Office buildings

    944 Grand Ave, Saint Paul, MN 55105-3014

    2,956 SF 0.21 ac lot Built 1901
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US46-0030253
    Property summary
    AI-generated overview

    This stunning 2,956 square foot executive office building in Saint Paul, Minnesota, presents a unique investment opportunity. Located at 944 Grand Ave, this property boasts a prime location in Ramsey County, zip code 55105, and sits on a sizable 0.26-acre lot (60' x 150'). Built in 1901, the two-story building features multiple offices on the main level and one large office upstairs. The property includes two garages, a rear parking pad, and a large private backyard, enhancing its appeal and functionality. Accessibility is ensured with an ADA-compliant ramp. The BC/Community Business zoning allows for diverse uses, including residential, retail, and office spaces, while preserving the building's historical character. The lower level offers versatile space, potentially usable as storage, a mechanical room, or finished for residential (short or long-term) or additional office space, with a separate rear entrance. The asking price is $624,900, with a price per square foot of $211.40. This property is part of a three-building complex.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1901
    Construction WOOD FRAME
    Total area 2,956 SF
    Lot 0.21 ac (8,973 SF)
    Zoning code L
    APN 02-28-23-31-0087
    UPID US46-0030253
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Thrive Therapy LLC · 1 yrs held
    Thrive Therapy LLC
    since 2025
    7 recorded transactions
    2025
    2025
    $599,000
    2025
    2014
    2014
    $555,000
    2006
    $538,000
    1969
    Zoning & alternative use
    L · Saint Paul, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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