947 Arcade St
Saint Paul, MN 55106
Commerce de détail Propriété À vendre

SVN | Northco is pleased to present, as exclusive advisor to ownership, the offering of 947 Arcade Street in Saint Paul, Minnesota 55106 ("Property"). This two-story mixed-use building features approximately prominent frontage along Arcade Street and totals 4,984 square feet. Originally constructed in 1916, the Property retains its historic character while offering flexible space currently configured for multiple tenancies; there is one storefront retail space on the main floor, one apartment on the second level, and warehouse space in the rear of the building. Cannabis friendly zoning.
Located in Saint Paul's vibrant Payne-Phalen neighborhood, the Property benefits from strong visibility on a well-trafficked commercial corridor, surrounded by a growing mix of retail, service, and dining establishments.
The area is undergoing a transformative $30 million infrastructure improvement project, including complete reconstruction of Arcade Street, sidewalks, and utility systems (water, electric, gas, etc.). This work is actively underway and is scheduled for completion by early Fall 2025, positioning the Property for increased long-term value and enhanced curb appeal.
This is an ideal opportunity for investors, owner-users, or developers looking to capitalize on a centrally located asset within one of Saint Paul’s most active and evolving neighborhoods.