Log In/Sign Up
Your email has been sent.
Commission House 282 6th St E 26 Unit Apartment Building For Sale Saint Paul, MN 55101
Investment Highlights
- Prime location in the Lowertown/Arts District of Downtown St. Paul
- Convenient access to major employment centers in both Downtown St. Paul and Downtown Minneapolis
- Potential to enter the 4D program
- Walkable location with convenient access to key neighborhood amenities
- Niche modern community with historic charm
- Upside through additional retail leasing
Executive Summary
Cushman & Wakefield is pleased to present for sale, Commission House, a 26-unit mixed-use multifamily property located in Downtown St. Paul’s vibrant Lowertown Arts District. Originally constructed in 1885 and fully renovated in 2020, the former warehouse retains exposed brick and historic character while offering modern systems, efficient layouts, granite countertops, and community amenities including a fitness room, shared gathering space, and app based laundry.
The property is positioned in the heart of Lowertown, a highly walkable live-work-play neighborhood anchored by CHS Field and surrounded by breweries, restaurants, creative offices, and cultural institutions. Residents enjoy immediate access to Mears Park, the St. Paul Farmer’s Market, and a new downtown ALDI opening this summer, along with walkability to the METRO Green Line and convenient connectivity to I-94 and I-35E, providing easy access to both downtown St. Paul and Minneapolis.
Currently, 2,848 square feet of retail space is leased to Warrior’s Garden Hemp and Wellness through July 2029. Additional upside exists through the lease-up of the remaining 6,820 square feet of existing vacant retail space.
Commission House further benefits from meaningful investment upside through potential enrollment in the City of St. Paul’s 4D Affordable Housing Program, which could reduce real estate taxes by up to 80%.
The property is positioned in the heart of Lowertown, a highly walkable live-work-play neighborhood anchored by CHS Field and surrounded by breweries, restaurants, creative offices, and cultural institutions. Residents enjoy immediate access to Mears Park, the St. Paul Farmer’s Market, and a new downtown ALDI opening this summer, along with walkability to the METRO Green Line and convenient connectivity to I-94 and I-35E, providing easy access to both downtown St. Paul and Minneapolis.
Currently, 2,848 square feet of retail space is leased to Warrior’s Garden Hemp and Wellness through July 2029. Additional upside exists through the lease-up of the remaining 6,820 square feet of existing vacant retail space.
Commission House further benefits from meaningful investment upside through potential enrollment in the City of St. Paul’s 4D Affordable Housing Program, which could reduce real estate taxes by up to 80%.
Property Facts
| Sale Type | Investment | Lot Size | 0.21 AC |
| No. Units | 26 | Building Size | 28,800 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1889/2020 |
| Building Class | A | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.21 AC |
| Building Size | 28,800 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built/Renovated | 1889/2020 |
| Zoning | Commercial |
Amenities
Unit Amenities
- Granite Countertops
- Hardwood Floors
- Wi-Fi
Site Amenities
- Fitness Center
- Laundry Facilities
- Breakfast/Coffee Concierge
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 325 - 628 |
| 1+1 | 4 | - | 397 - 523 |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 31-29-22-44-0060 | Improvements Assessment | $2,924,000 |
| Land Assessment | $360,000 | Total Assessment | $3,284,000 |
Property Taxes
Parcel Number
31-29-22-44-0060
Land Assessment
$360,000
Improvements Assessment
$2,924,000
Total Assessment
$3,284,000
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Commission House | 282 6th St E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.