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360 Robert St N
Saint Paul, MN 55101
Empire Building · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Multi-Family Residential is a permitted use in Zoning District B4 where this building is located.
- The Empire Building serves an intersection of access to St. Paul’s social and professional environments.
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the Empire Building, a 97,000 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. Additional opportunity remains for investors to enhance returns of the investment through the utilization of any available State and Federal incentives relating to historic properties. Multi-Family Residential is a permitted use in Zoning District B4 where this building is located.
Located within the Lowertown neighborhood of St. Paul, the Empire Building serves an intersection of access to St. Paul’s social and professional environments. The building’s proximity to multiple professional sporting venues, regional parks, river bluff walking trails, and St. Paul’s West 7th entertainment district, provides future tenants or residents with a true live-work-play environment.
The re-development opportunity available at the Empire Building provides investors multiple opportunities to create significant value in a highly desirable and rapidly expanding Minneapolis neighborhood. Investors may further enhance returns through the utilization of any available historic tax credits.
Located within the Lowertown neighborhood of St. Paul, the Empire Building serves an intersection of access to St. Paul’s social and professional environments. The building’s proximity to multiple professional sporting venues, regional parks, river bluff walking trails, and St. Paul’s West 7th entertainment district, provides future tenants or residents with a true live-work-play environment.
The re-development opportunity available at the Empire Building provides investors multiple opportunities to create significant value in a highly desirable and rapidly expanding Minneapolis neighborhood. Investors may further enhance returns through the utilization of any available historic tax credits.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
96,789 SF
Building Class
C
Year Built/Renovated
1889/1990
Price
$1,046,940 CAD
Price Per SF
$10.82 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
13,827 SF
Slab To Slab
9’
Building FAR
7.00
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
B-2
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 06-28-22-11-0015 | Improvements Assessment | $531,188 CAD |
| Land Assessment | $906,560 CAD | Total Assessment | $1,437,748 CAD |
PROPERTY TAXES
Parcel Number
06-28-22-11-0015
Land Assessment
$906,560 CAD
Improvements Assessment
$531,188 CAD
Total Assessment
$1,437,748 CAD
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