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1955 University Ave W
Saint Paul, MN 55104
Bureau Bien À vendre


Certaines informations ont été traduites automatiquement.
Informations principales sur 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 analytique
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.?
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Sous-type de bien
Médical
Surface de l’immeuble
1 458 m²
Classe d’immeuble
C
Année de construction/rénovation
1980/1989
Prix
1 549 908 €
Prix par m²
1 062,89 €
Pourcentage loué
Inoccupé
Occupation
Multi
Hauteur du bâtiment
2 étages
Surface type par étage
729 m²
Dalle à dalle
3,66 m
Coefficient d’occupation des sols de l’immeuble
0,56
Surface du lot
0,26 ha
Zone de développement économique [USA]
Oui
Zonage
Business/Commercial - Business/Commercial
Stationnement
32 places (21,94 places par 1 000 m² loué)
Caractéristiques
- Ligne d’autobus
- Trains de banlieue
- Signalisation
- Climatisation
Taxes foncières
| Numéro de parcelle | 33-29-23-24-0079 | Évaluation des aménagements | 939 330 € |
| Évaluation du terrain | 432 510 € | Évaluation totale | 1 371 841 € |
Taxes foncières
Numéro de parcelle
33-29-23-24-0079
Évaluation du terrain
432 510 €
Évaluation des aménagements
939 330 €
Évaluation totale
1 371 841 €
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