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317 S Main St
Stillwater, MN 55082
St Croix River Exchange · Retail Property For Sale

Investment Highlights

  • Positioned in Stillwater’s vibrant downtown district along the scenic St. Croix River, providing strong visibility and foot traffic.
  • Features updated brick construction, three new HVAC systems, and recently added rooftop entertainment areas with river views.
  • Fully leased investment opportunity featuring five tenants with a diverse mix of popular restaurants, bars, and retail operators.
  • Located within the Central Business District and Downtown Design Review District, ensuring a historically rich and regulated streetscape.

Executive Summary

Positioned along the scenic St. Croix River in the heart of Stillwater, this historic retail property presents a unique investment opportunity within one of the region’s most active
downtown corridors. The fully leased asset features a diverse tenant mix of restaurant and retail users, highlighted by one of the city’s most popular bars, a well-trafficked ice
cream shop, and a scenic rooftop venue overlooking the riverfront.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
22,200 SF
Building Class
C
Year Built
1870
Price
$4,031,783 CAD
Price Per SF
$181.61 CAD
Cap Rate
7.68%
NOI
$309,641 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.17 AC
Zoning
Retail
Parking
10 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
80’ on Main St

Property Taxes

Property Taxes

Parcel Number
28-030-20-41-0037
Land Assessment
$363,693 CAD
Improvements Assessment
$2,946,771 CAD
Total Assessment
$3,310,464 CAD
  • Listing ID: 40494107

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 317 S Main St, Stillwater, MN 55082

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