281-295 Snelling Ave N - Storefront Retail/Office FOR SALE


Saint Paul, MN 55104- Merriam Park East
$3,000,000 USD
952-893-8232
281-295 Snelling Ave N, Saint Paul, MN for Sale
$3,000,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

281-295 Snelling Ave N
Saint Paul, MN 55104
Merriam Park East


HIGHLIGHTS

  • Positioned on a high-visibility corridor in central St. Paul
  • Freestanding building with flexible layout and two-story configuration
  • Surrounded by affluent residential neighborhoods and strong employment base
  • Restricted use preserves long-term value for boutique or specialty operators

OVERVIEW

Located in the heart of St. Paul’s dynamic urban corridor, 285 Snelling Ave N presents a rare opportunity to acquire a freestanding commercial asset with strong visibility and strategic positioning. This two-story building spans nearly 15,000 square feet and sits on a generous 25,470 SF parcel The site is subject to use restrictions prohibiting convenience stores, car washes, coffee shops, and dollar stores. The surrounding area is supported by robust demographics, with over 160,000 residents and an average household income exceeding $100,000 within a 3-mile radius. Daytime employment in the same area surpasses 90,000, reinforcing the location’s viability for service-oriented or destination retail concepts. St. Paul’s central location within the Twin Cities metro, coupled with its access to major freeways and a diverse economic base, enhances the long-term value of this asset. The property is offered at $3,000,000, with real estate taxes estimated at $69,746 for 2025.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,001 SF

ZONING

-

APN/PARCEL ID

33-29-23-44-0119

ASK ABOUT THIS PROPERTY

Thomas MartinCushman & Wakefield/NorthMarqMore Info
952-893-8232

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Thomas MartinCushman & Wakefield/NorthMarqMore Info
952-893-8232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.