Your email has been sent.
2274-2298 University Ave W 0.85 Acres of Commercial Land Offered at $1,800,000 in Saint Paul, MN 55114
INVESTMENT HIGHLIGHTS
- St. Paul has more Mississippi Riverfront, 26 miles, than any other city along the iconic river
- St. Paul’s estimated population is more than 300,000
- St. Paul is Minnesota’s second most popular city
- St. Paul’s five-mile long skyway is the second longest continuous skyway system in the world
EXECUTIVE SUMMARY
The University Avenue corridor has rapidly emerged as one of Saint Paul’s most sought-after destinations for multifamily living. With its exceptional accessibility to downtowns and major highways, there exists a tremendous opportunity to solidify this section of University Avenue as the premier choice for multifamily housing.
PROPERTY FACTS
| Price | $1,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.85 AC |
| Zoning | T-3 - Traditional Neighborhood | ||
| Price | $1,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.85 AC |
| Zoning | T-3 - Traditional Neighborhood |
1 LOT AVAILABLE
Lot
| Price | $1,800,000 | Lot Size | 0.85 AC |
| Price Per AC | $2,117,647.06 |
| Price | $1,800,000 |
| Price Per AC | $2,117,647.06 |
| Lot Size | 0.85 AC |
DESCRIPTION
The University Avenue corridor enjoys a strategic and central location, serving as a vital link between downtown Minneapolis and downtown Saint Paul. Positioned equidistant from both city centers, this corridor facilitates seamless connectivity between the two, making it a bustling hub for commuters, businesses, and residents alike. Its proximity to downtown Minneapolis offers easy access to the city’s corporate headquarters, cultural institutions, and entertainment options, while its proximity to downtown Saint Paul grants quick access to government offices, historic landmarks, and the state Capitol. The University Avenue corridor, with its light-rail transit and well-developed infrastructure, not only comprises the geographical heart of the Twin Cities but also embodies their interconnectedness, fostering a dynamic and diverse urban environment. The property is situated just within the southern boundary of St. Paul’s quaint Saint Anthony Park neighborhood and in the heart of the dynamic Creative Enterprise Zone, a designation established by the City in 2013 to promote the area as a place for artists, makers and entrepreneurs to live, work and play in. Neighborhood highlights include acclaimed restaurants, breweries, coffee bars, vinyl record and antique stores, galleries and quirky entertainment options. The Raymond Avenue Green Line Metro station is just steps away, and the nearby Pelham Boulevard protected bikeway offers a direct link to scenic E. Mississippi River Road and Grand Round parkway system.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,096,200 | Total Assessment | $1,096,200 |
PROPERTY TAXES
CONTACTS
-
Bryan Beltrand -
Frank Richie -
Michael Salmen -
Transwestern Real Estate Services
Presented by
2274-2298 University Ave W
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.