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317 S Main St
Stillwater, MN 55082
St Croix River Exchange · Retail Property For Sale
Investment Highlights
- Positioned in Stillwater’s vibrant downtown district along the scenic St. Croix River, providing strong visibility and foot traffic.
- Features updated brick construction, three new HVAC systems, and recently added rooftop entertainment areas with river views.
- Fully leased investment opportunity featuring five tenants with a diverse mix of popular restaurants, bars, and retail operators.
- Located within the Central Business District and Downtown Design Review District, ensuring a historically rich and regulated streetscape.
Executive Summary
Positioned along the scenic St. Croix River in the heart of Stillwater, this historic retail property presents a unique investment opportunity within one of the region’s most active
downtown corridors. The fully leased asset features a diverse tenant mix of restaurant and retail users, highlighted by one of the city’s most popular bars, a well-trafficked ice
cream shop, and a scenic rooftop venue overlooking the riverfront.
downtown corridors. The fully leased asset features a diverse tenant mix of restaurant and retail users, highlighted by one of the city’s most popular bars, a well-trafficked ice
cream shop, and a scenic rooftop venue overlooking the riverfront.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
22,200 SF
Building Class
C
Year Built
1870
Price
$2,900,000
Price Per SF
$130.63
Cap Rate
7.68%
NOI
$222,720
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.17 AC
Zoning
Retail
Parking
10 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 28-030-20-41-0037 | Improvements Assessment | $2,121,200 |
| Land Assessment | $261,800 | Total Assessment | $2,383,000 |
Property Taxes
Parcel Number
28-030-20-41-0037
Land Assessment
$261,800
Improvements Assessment
$2,121,200
Total Assessment
$2,383,000
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