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340 Cedar St
Saint Paul, MN 55101
Renovated CBD Hotel Ideal For Adaptive Reuse · Hospitality Property For Sale
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170,000 SF
Investment Highlights
- This historic building, designed by the same architectural firm that worked on Grand Central Terminal in NYC, is an ideal redevelopment opportunity.
- Easily accessible from I-94 and I-35E, connected to the rest of downtown via skyway, and within 5 mins of Xcel Energy Center and the State Capitol.
- Located in a growing metropolitan area that is approaching 4,000,000 residents.
- Extensively renovated during the current owner's tenure, the property boasts modern updates paired with irreplaceable finishes.
- Located in a Qualified Opportunity Zone.
- Located adjacent to a premier development site in Downtown Saint Paul, the Central Station Block Development.
Property Facts
| Property Type | Hospitality | Building Size | 170,000 SF |
| Property Subtype | Hotel | No. Stories | 13 |
| Building Class | B | Year Built/Renovated | 1917/2022 |
| Lot Size | 0.34 AC | Corridor | Interior |
| Zoning | B4 - Central Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 170,000 SF |
| No. Stories | 13 |
| Year Built/Renovated | 1917/2022 |
| Corridor | Interior |
| Zoning | B4 - Central Business District |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
Property Taxes
| Parcel Number | 06-28-22-12-0277 | Improvements Assessment | $900,000 |
| Land Assessment | $1,050,000 | Total Assessment | $1,950,000 |
Property Taxes
Parcel Number
06-28-22-12-0277
Land Assessment
$1,050,000
Improvements Assessment
$900,000
Total Assessment
$1,950,000
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