400 Sibley St - Office FOR SALE


Saint Paul, MN 55101- Lowertown
$2,500,000 USD
952-465-3384
400 Sibley St, Saint Paul, MN for Sale
$2,500,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

400 Sibley St
Saint Paul, MN 55101
Lowertown


OVERVIEW

Cushman & Wakefield is pleased to present Park Square Court, a 136,000 square foot, historic office project located in Minnesota’s capital city of St. Paul. The Property provides investors a unique opportunity to convert the building to a multi-family, hospitality, or boutique creative office building. Located directly on Mears Park, the property enjoys a prime position within one of the city’s most vibrant neighborhoods, home to cultural attractions, restaurants, arts events, and the popular St. Paul Farmers Market. The building offers strong visibility, walkability, and connectivity, including direct access to the St. Paul skyway system and proximity to Union Depot and multiple Metro Green Line stations, making it exceptionally convenient for tenants and visitors alike. Multi-Family Residential is a permitted use in Zoning District B5 where this building is located. Acquiring a landmark property like Park Square Court offers investors the rare combination of historic character, premier location, and meaningful long-term value-add opportunities in a thriving urban submarket. Additionally, the re-development opportunity available at the Park Square Court provides investors multiple opportunities to create significant value in a highly desirable and rapidly expanding neighborhood.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Park Square Court

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,501 SF

ZONING

B5

APN/PARCEL ID

31-29-22-44-0609

ASK ABOUT THIS PROPERTY

Adam HoffmanCushman & WakefieldMore Info
952-465-3384

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Adam HoffmanCushman & WakefieldMore Info
952-465-3384

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