Se Connecter/S’inscrire
Votre courriel a été envoyé.
1955 University Ave W
Saint Paul, MN 55104
Bureau Propriété À vendre


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 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
Résumé de l'annonce
1955 University Avenue is a proven, income-generating opportunity located in the vibrant Hamline-Midway corridor of Saint Paul, MN, a prime choice for buyers seeking stable cash flow and value-add upside in a dynamic urban market.?
Investment Highlights
?Consistent Income: The property features two ground-floor retail tenants and 15 established office tenants on the second level, ensuring stable, diversified rental revenue year-round.?
Outstanding Accessibility: Positioned on a signalized corner along University Avenue and directly across from Menards, the building offers exceptional visibility, easy METRO Green Line light rail access, and high foot traffic.?
?Well-Maintained Asset: With renovations completed in 2016, this two-story masonry building is in reliable condition and legally conforming for mixed-use commercial operations.?
?Parking & Convenience: Enjoy 22 convenient on-site parking spaces—a valuable feature in an urban setting.?
Upside Potential: Current office rents are below market averages, creating an opportunity for new ownership to capitalize on increased market rents as leases roll and operating efficiencies improve.?
Qualified Opportunity Zone: The asset is located in a Qualified Opportunity Zone (QOZ), making it eligible for significant tax benefits, including New Market Tax Credits, to maximize investor returns.?
Strong Area Fundamentals: Proximity to Allianz Field, Hamline University, popular retail destinations, and major highways fosters continued tenant demand and neighborhood growth.?
Proven Tenant Stability: With a blended tenant mix of retail and office, the property has demonstrated steady occupancy and reliable cash flow.?
Location Advantage
?Strategic, Transit Oriented Setting: Situated at the heart of a thriving commercial district with direct access to public transportation, major streets, and essential amenities, ensuring long-term tenant appeal.?
?Opportunity for Visionary Investors: Capitalize on below-market rents, strong occupancy, and area redevelopment momentum—a solid platform for value creation and portfolio growth.?
This is your chance to acquire a Saint Paul income property with all the fundamentals in place: strong tenants, strategic location, excellent accessibility, and built-in upside.? Contact Suntide Commercial Realty today to take advantage of this dependable, cash-flowing investment.?
Investment Highlights
?Consistent Income: The property features two ground-floor retail tenants and 15 established office tenants on the second level, ensuring stable, diversified rental revenue year-round.?
Outstanding Accessibility: Positioned on a signalized corner along University Avenue and directly across from Menards, the building offers exceptional visibility, easy METRO Green Line light rail access, and high foot traffic.?
?Well-Maintained Asset: With renovations completed in 2016, this two-story masonry building is in reliable condition and legally conforming for mixed-use commercial operations.?
?Parking & Convenience: Enjoy 22 convenient on-site parking spaces—a valuable feature in an urban setting.?
Upside Potential: Current office rents are below market averages, creating an opportunity for new ownership to capitalize on increased market rents as leases roll and operating efficiencies improve.?
Qualified Opportunity Zone: The asset is located in a Qualified Opportunity Zone (QOZ), making it eligible for significant tax benefits, including New Market Tax Credits, to maximize investor returns.?
Strong Area Fundamentals: Proximity to Allianz Field, Hamline University, popular retail destinations, and major highways fosters continued tenant demand and neighborhood growth.?
Proven Tenant Stability: With a blended tenant mix of retail and office, the property has demonstrated steady occupancy and reliable cash flow.?
Location Advantage
?Strategic, Transit Oriented Setting: Situated at the heart of a thriving commercial district with direct access to public transportation, major streets, and essential amenities, ensuring long-term tenant appeal.?
?Opportunity for Visionary Investors: Capitalize on below-market rents, strong occupancy, and area redevelopment momentum—a solid platform for value creation and portfolio growth.?
This is your chance to acquire a Saint Paul income property with all the fundamentals in place: strong tenants, strategic location, excellent accessibility, and built-in upside.? Contact Suntide Commercial Realty today to take advantage of this dependable, cash-flowing investment.?
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
15 696 pi²
Classe d’immeuble
C
Année de construction/rénovation
1980/1989
Prix
2 490 282 $ CAD
Prix par pi²
158,66 $ CAD
Pourcentage loué
Vacant
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
7 848 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
0,56
Taille du lot
0,64 AC
Zone de développement économique
Oui
Zonage
Business/Commercial - Business/Commercial
Stationnement
32 places (2,04 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
- Train de banlieue
- Affichage
- Climatisation
Impôts fonciers
| Numéro de lot | 33-29-23-24-0079 | Évaluation des bâtiments | 1 509 249 $ CAD |
| Évaluation du terrain | 694 927 $ CAD | Évaluation totale | 2 204 176 $ CAD |
Impôts fonciers
Numéro de lot
33-29-23-24-0079
Évaluation du terrain
694 927 $ CAD
Évaluation des bâtiments
1 509 249 $ CAD
Évaluation totale
2 204 176 $ CAD
1 de 13
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
