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1196 7th St E 5,220 SF Industrial Building Saint Paul, MN 55106 $1,000,000 ($191.57/SF) 6.82% Cap Rate

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Investment Highlights

Open Office Space Added in 2017
Drive Through Overhead Door

Located on East 7th Street with 5,000 VPD

Executive Summary

1031 Exchange

1196 7thSt_ NAI 2025 - Offering Memorandum _L_

Property Facts Under Contract

Price	$1,000,000	Lot Size	0.21 AC
Price Per SF	$191.57	Rentable Building Area	5,220 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	6.82%	Year Built/Renovated	1947/2017
Sale Condition	1031 Exchange	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.53/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution FlexLight Distribution	No. Drive In / Grade-Level Doors	1
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T-2 - T2 - Traditional Neighborhood District

Price	$1,000,000
Price Per SF	$191.57
Sale Type	Investment or Owner User
Cap Rate	6.82%
Sale Condition	1031 Exchange
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution FlexLight Distribution
Building Class	C
Lot Size	0.21 AC
Rentable Building Area	5,220 SF
No. Stories	1
Year Built/Renovated	1947/2017
Tenancy	Single
Parking Ratio	1.53/1,000 SF
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T-2 - T2 - Traditional Neighborhood District

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Property Taxes

Parcel Number	28-29-22-44-0219	Improvements Assessment	$472,400
Land Assessment	$109,500	Total Assessment	$581,900

Property Taxes

Parcel Number

28-29-22-44-0219

Land Assessment

$109,500

Improvements Assessment

$472,400

Total Assessment

$581,900

(612) 250-1326

Contact

Chuck Hanna
Piche & Associates Real Estate

Listing ID: 37681880
Date on Market: 9/15/2025
Last Updated:
Address: 1196 7th St E, Saint Paul, MN 55106

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1196 7th St E, Saint Paul, MN for sale Building Photo- Image 1 of 10 — Primary Photo

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