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1679-1681 W University Ave 5,600 SF Retail Building Saint Paul, MN 55104 $425,000 ($75.89/SF)
INVESTMENT HIGHLIGHTS
- Cannabis Production and Cultivation & Cannabis Retail Sale Permitted
- A block from Snelling /University intersection
- Zoning = T3 Traditional Neighborhood
- Billboard sign income
- Easy access to I-94 and Hwy 280
EXECUTIVE SUMMARY
Cannabis Production and Cultivation & Cannabis Retail Sale Permitted
Features:
• Single or multi-tenant building
• Billboard sign income
• Off-street fenced parking behind the building
• Full-sized basement
• A block from Snelling /University intersection
• Close to Allianz Field
• Easy access to I-94 and Hwy 280
• Zoning = T3 Traditional Neighborhood
Features:
• Single or multi-tenant building
• Billboard sign income
• Off-street fenced parking behind the building
• Full-sized basement
• A block from Snelling /University intersection
• Close to Allianz Field
• Easy access to I-94 and Hwy 280
• Zoning = T3 Traditional Neighborhood
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$14,168
|
$2.53
|
| Operating Expenses |
$28,000
|
$5.00
|
| Total Expenses |
$42,168
|
$7.53
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $14,168 |
| Annual Per SF | $2.53 |
| Operating Expenses | |
|---|---|
| Annual | $28,000 |
| Annual Per SF | $5.00 |
| Total Expenses | |
|---|---|
| Annual | $42,168 |
| Annual Per SF | $7.53 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,600 SF
Building Class
C
Year Built
1922
Price
$425,000
Price Per SF
$75.89
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.13 AC
Zoning
T3 - Cannabis Production and Cultivation & Cannabis Retail Sale Permitted.
T3 traditional neighborhood district
Frontage
37’ on University Ave
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-29-23-14-0182 | Total Assessment | $386,100 |
| Land Assessment | $229,200 | Annual Taxes | $14,168 ($2.53/SF) |
| Improvements Assessment | $156,900 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
33-29-23-14-0182
Land Assessment
$229,200
Improvements Assessment
$156,900
Total Assessment
$386,100
Annual Taxes
$14,168 ($2.53/SF)
Tax Year
2025
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1679-1681 W University Ave
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