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281-295 Snelling Ave N 14,950 SF Retail Building Saint Paul, MN 55104 $3,000,000 ($200.67/SF)
INVESTMENT HIGHLIGHTS
- Positioned on a high-visibility corridor in central St. Paul
- Surrounded by affluent residential neighborhoods and strong employment base
- Freestanding building with flexible layout and two-story configuration
- Restricted use preserves long-term value for boutique or specialty operators
EXECUTIVE SUMMARY
Located in the heart of St. Paul’s dynamic urban corridor, 285 Snelling Ave N presents a rare opportunity to acquire a freestanding commercial asset with strong visibility and strategic positioning. This two-story building spans nearly 15,000 square feet and sits on a generous 25,470 SF parcel
The site is subject to use restrictions prohibiting convenience stores, car washes, coffee shops, and dollar stores.
The surrounding area is supported by robust demographics, with over 160,000 residents and an average household income exceeding $100,000 within a 3-mile radius. Daytime employment in the same area surpasses 90,000, reinforcing the location’s viability for service-oriented or destination retail concepts.
St. Paul’s central location within the Twin Cities metro, coupled with its access to major freeways and a diverse economic base, enhances the long-term value of this asset. The property is offered at $3,000,000, with real estate taxes estimated at $69,746 for 2025.
The site is subject to use restrictions prohibiting convenience stores, car washes, coffee shops, and dollar stores.
The surrounding area is supported by robust demographics, with over 160,000 residents and an average household income exceeding $100,000 within a 3-mile radius. Daytime employment in the same area surpasses 90,000, reinforcing the location’s viability for service-oriented or destination retail concepts.
St. Paul’s central location within the Twin Cities metro, coupled with its access to major freeways and a diverse economic base, enhances the long-term value of this asset. The property is offered at $3,000,000, with real estate taxes estimated at $69,746 for 2025.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,950 SF
Building Class
C
Year Built
1951
Price
$3,000,000
Price Per SF
$200.67
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.25
Lot Size
0.28 AC
Opportunity Zone
Yes
Parking
10 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-29-23-44-0119 | Improvements Assessment | $1,386,000 |
| Land Assessment | $662,200 | Total Assessment | $2,048,200 |
PROPERTY TAXES
Parcel Number
33-29-23-44-0119
Land Assessment
$662,200
Improvements Assessment
$1,386,000
Total Assessment
$2,048,200
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281-295 Snelling Ave N
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