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Gallery Professional Building 17 Exchange St W 122,000 SF Office Building Saint Paul, MN 55102 $945,500 ($7.75/SF)
Investment Highlights
- Roof: Flat rubber membrane and built-up roofing system
- Restrooms: Common and in-suite restrooms throughout
- Electrical: Two emergency generators on site
- Elevators: Three total; one larger-capacity car
- Security: No building-wide system; some tenant-suite systems
- Flooring: Carpet & LVT; tile in restrooms
Executive Summary
Fully vacant 122,084 SF medical office building in Downtown St. Paul
Located at 17 Exchange Street West, across from St. Joseph’s Hospital
Environmental Phase I Completed
Includes connected atrium and 8 stories plus 2-story annex
On-site management and maintenance team
Skyway connection to St. Joseph’s Hospital and attached underground parking (city owned)
8 Parking Spaces - Capitol Area Jurisdiction Zoning
Located at 17 Exchange Street West, across from St. Joseph’s Hospital
Environmental Phase I Completed
Includes connected atrium and 8 stories plus 2-story annex
On-site management and maintenance team
Skyway connection to St. Joseph’s Hospital and attached underground parking (city owned)
8 Parking Spaces - Capitol Area Jurisdiction Zoning
Property Facts Under Contract
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
122,000 SF
Building Class
B
Year Built/Renovated
1978/2002
Price
$945,500
Price Per SF
$7.75
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
15,250 SF
Slab To Slab
10’
Building FAR
5.72
Lot Size
0.49 AC
Zoning
MX-1 - Mixed Use
Parking
8 Spaces (0.07 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Property Manager on Site
- Security System
- Signage
- Skyway
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Walker's Paradise (96)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,482,500 | |
| Land Assessment | $426,500 | Total Assessment | $1,909,000 |
Property Taxes
Parcel Numbers
Land Assessment
$426,500
Improvements Assessment
$1,482,500
Total Assessment
$1,909,000
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Gallery Professional Building | 17 Exchange St W
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