523 Jackson St - Storefront Retail/Office CONDO FOR SALE


Saint Paul, MN 55101- Arts District
$349,900 USD
651-256-7404
523 Jackson St, Saint Paul, MN for Sale
$349,900 USD
Storefront Retail/Office CONDO - FOR SALE
1/45
null | Request Cap Rate

523 Jackson St
Saint Paul, MN 55101
Arts District


HIGHLIGHTS

  • Fully Renovated in 2019 with high-end office finishes throughout
  • Modern co-working layout in place - buyer can maintain or repurpose to suit
  • Convenient downtown St. Paul CBD location, just one block off Highways 94 & 35
  • Excellent visibility and signage along Jackson Street
  • Surrounded neighbors include Jimmy John’s, a dental office, child care, a credit union, and the Drury Plaza Hotel.
  • Strong traffic exposure from Jackson St., 10th St. E, 11th St. E, and nearby highways

OVERVIEW

2,532 Square Feet of Street Level Retail & Office Space with excellent signage Brand New Extensive Buildout in 2019: 2 Restrooms, 5 Offices + 3 Cubicles, Conference Room, Kitchenette, Reception Area, Utility Room, Wide Open Spaces for collaborative creative work, all new HVAC, Electrical. Zoned B5 – Central Business Service, many uses possible Association Covers: Water, Sewer, Insurance(Property & Liability), Trash, Snow Removal, Building Maintenance, Building Common Area & Window Cleaning, Building reserves, Common Area Operating Expenses & Security. Heating/Cooling: Billed through association, variable based on usage **Association Dues = $2,373/month (First Service Residential ($1,709 HOA + 664 Assessment for Tuck Pointing & HVAC ends Dec. 31, 2041). May 2025 payoff is ~ $90,000. Work was completed 2021.. Association dues will lower to the previous figure once paid in full. Negotiable between Seller & Buyer. Floor to ceiling natural light with lots of windows Parking available 1 block away, monthly est. $150/month - Daily options at ~$3 (see page 11)

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unit 104

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Department Store

TOTAL BUILDING SIZE

69,280 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

B5

APN/PARCEL ID

31-29-22-43-1501

ASK ABOUT THIS PROPERTY

Douglas HarrisResults CommercialMore Info
651-256-7404

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Douglas HarrisResults CommercialMore Info
651-256-7404

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