36-42 S Dale St
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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.
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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-28-23-32-0037 | Total Assessment | £2,190,816 (2023) |
Land Assessment | £591,750 (2023) | Annual Taxes | £72,820 (£6.29/sf) |
Improvements Assessment | £1,599,066 (2023) | Tax Year | 2024 |
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
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36-42 S Dale St
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