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Investment Highlights

  • Event Center
  • Historic Mansion

Executive Summary

The Saint Mary's University Event Center, Mansion, Carriage House and the link between them are a tremendous opportunity to repurpose these properties into something unique and special. This is the perfect multi-purpose location and properties for an elite Event Center, Business Conference Center, and Wedding Venue! On-site Chapels ranging from a dozen seats, to space for up to 350 guests, plus convert the offices in the Mansion back to residences and/or lodging, and you have an all-encompassing, premier facility.
The University Event Center was built in 1990 and has 43,730 square feet of space, and a full, unfinished basement. Three large spaces dominate the building; the largest on the second floor has hosted banquets, graduations, conventions, meetings and many other events with up to 400 guests. The two smaller rooms have hosted many of the same events. A large commercial kitchen, several small classrooms and a full bar are also included! All the latest technologies are available for your Wi-Fi and A/V needs.
The Link, which was built in 1960, connects the Event Center to the Carriage House and the Mansion. The 5108 square foot Link has its own restaurant and bar space!
The Carriage house was built around the 1910s and was used to store the horse drawn carriages of the first owners. The 9,668 square foot building includes old horse stalls, and other rooms needed for the animals. The property is waiting for new ideas to re-build the interior into an ideal use for the new owner. Imagine a home-based horse-drawn carriage business in South Minneapolis?
The Historic Mansion was built during the 1900's and occupied by the original family in 1908. This 16,724 square foot property is magnificent in style, workmanship, and design. The property includes a spectacular Grand Stairway in the entrance foyer, a Grand Ballroom on the third floor, many rooms for living quarters, Kitchen, and many offices. Creative buyers will envision everything from a premier office space to a hotel for events or weddings, or even a single-family home!
This is an extraordinary opportunity to own and redevelop an Historic Mansion, as well as a Carriage house built in the 1900's. The versatile Event Center allows a visionary to create an entire complex out of these unique properties.
Opportunity Awaits!

Property Facts

Price $13,125,896
Price Per SF $157.92
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 3.57 AC
Building Size 83,120 SF
No. Stories 3
Year Built 1990
Parking Ratio 1.28/1,000 SF
Opportunity Zone Yes
Zoning RM3 - The RM3 Residence and Institutional District allows large-scale dwellings, large office uses.
Parcel Numbers
Multiple
  • 35-029-24-23-0045
  • 35-029-24-23-0012
  • 35-029-24-23-0101

Amenities

  • Bus Line
  • Signage
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 41242333

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 2540 Park Ave, Minneapolis, MN 55404

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