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1955 University Ave W
Saint Paul, MN 55104
1955 University · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Located at signalized intersection
- Well maintained asset in the Midway
- Building is in a Qualified Opportunity Zone (QEZ) and is eligible for New Market Tax Credits
- Retail tenants on 1st level, office tenants on 2nd level
- Current office rents are below market allowing for new opportunity to capitalize on market rents
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,696 SF
Building Class
C
Year Built
1980
Price
$2,626,231 CAD
Price Per SF
$167.32 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,848 SF
Slab To Slab
12’
Building FAR
0.56
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
Business/Commercial
Parking
32 Spaces (2.04 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Commuter Rail
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 33-29-23-24-0079 | Improvements Assessment | $1,482,611 CAD |
| Land Assessment | $699,001 CAD | Total Assessment | $2,181,611 CAD |
PROPERTY TAXES
Parcel Number
33-29-23-24-0079
Land Assessment
$699,001 CAD
Improvements Assessment
$1,482,611 CAD
Total Assessment
$2,181,611 CAD
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