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36-42 S Dale St

11,578 SF 100% Leased Retail Building Saint Paul, MN 55102 £2,051,400 (£177/SF)

Investment Highlights

  • Heavy Day Time Foot Traffic
  • Excellent Visibility and Accessibility in a Vibrant, Dynamic Community.
  • Long-Term Tenants

Executive Summary

Introducing 611 Grand Ave, a premier commercial property in the affluent neighborhood of Saint Paul, MN. This historic strip, a community fixture for over 80 years, is surrounded by popular shops, restaurants, and cafes, ensuring high foot traffic. The property is home to six established businesses, all 100% occupied, providing a reliable rental income stream. Zoned B2, the community business district is intended to serve a larger consumer population, characterized by a cluster of establishments generating large volumes of vehicular and pedestrian traffic. With a vibrant atmosphere and a diverse mix of national and local tenants, this is an exceptional opportunity to invest in a lucrative asset with endless potential in the heart of Saint Paul.

Attachments

611 Grand Ave

Financial Summary (Actual - 2024)

Annual Annual Per SF
Taxes £72,820 £6.29
Operating Expenses - -
Total Expenses £72,820 £6.29

Financial Summary (Actual - 2024)

Taxes
Annual £72,820
Annual Per SF £6.29
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £72,820
Annual Per SF £6.29

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,578 SF
Building Class
C
Year Built
1923
Price
£2,051,400
Price Per SF
£177
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.78
Land Acres
0.34 AC
Zoning
B2 - CommB2 Commercial/Industrial
Parking
10 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
104 ft on Grand Ave

Amenities

  • Bus Route
  • Signage
  • Signalised Intersection
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

StretchLab
CorePower Yoga
Caribou Coffee
Royal Bank of Canada
Orangetheory Fitness
Timber Wolf Cross Fit
Pure Barre
Jazzercise
Chase Bank
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-28-23-32-0037
Land Assessment
£591,750 (2023)
Improvements Assessment
£1,599,066 (2023)
Total Assessment
£2,190,816 (2023)
Annual Taxes
£72,820 (£6.29/sf)
Tax Year
2024
  • Listing ID: 32278874

  • Date on Market: 27/06/2024

  • Last Updated:

  • Address: 36-42 S Dale St, Saint Paul, MN 55102

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