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611-42 S Grand Ave

11,578 SF 100% Leased Retail Building Saint Paul, MN 55102 £2,045,810 (£177/SF)

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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.

611 Grand Ave

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Taxes	£72,700	£6.28
Operating Expenses	-	-
Total Expenses	£72,700	£6.28

Financial Summary (Actual - 2024)

Taxes
Annual	£72,700
Annual Per SF	£6.28

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	£72,700
Annual Per SF	£6.28

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

11,578 SF

Building Class

Year Built

1923

Price

£2,045,810

Price Per SF

£177

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.78

Lot Size

0.34 AC

Zoning

B2 - CommB2 Commercial/Industrial

Parking

11 Spaces (0.95 Spaces per 1,000 SF Leased)

Frontage

104 ft on Grand Ave

Amenities

Corner Lot

Signage

Signalised Intersection

1 of 1

map
traffic

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	01-28-23-32-0037	Total Assessment	£2,184,846 (2023)
Land Assessment	£590,137 (2023)	Annual Taxes	£72,700 (£6.28/sf)
Improvements Assessment	£1,594,709 (2023)	Tax Year	2024