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505-555 Bush Ave 0.4 - 0.51 Acre Commercial Land Lots Offered at $156,994 - $199,944 Per Lot in Saint Paul, MN 55130
Investment Highlights
- Located in Opportunity Zone
- Minimal setbacks
- Zoned Light Industrial
Executive Summary
Light industrial (LI) zoning allows for cannabis retail, service business, veterinary, animal daycare, craft brewery/distillery, warehouse/storage, auto repair, limited production, and more.
• All utilities are available at the adjoining street
• Environmental reports are completed and available for review
• Both lots are Brownfield sites, remediation, and grant money information is available from seller
Prime area for commercial investment with its high-accessibility area
just north of downtown Saint Paul and near I-94 and I-35E.
• Located within an Opportunity Zone, promising potential tax benefits for commercial development, such as warehousing, cannabis retail, or auto repair
• Payne-Phalen is the largest of Saint Paul’s Planning Districts (District 5) with a third of the population under 18 (2020 Census)
• It is prized for its history, vibrant diversity, and welcoming, relaxed, and friendly character
• All utilities are available at the adjoining street
• Environmental reports are completed and available for review
• Both lots are Brownfield sites, remediation, and grant money information is available from seller
Prime area for commercial investment with its high-accessibility area
just north of downtown Saint Paul and near I-94 and I-35E.
• Located within an Opportunity Zone, promising potential tax benefits for commercial development, such as warehousing, cannabis retail, or auto repair
• Payne-Phalen is the largest of Saint Paul’s Planning Districts (District 5) with a third of the population under 18 (2020 Census)
• It is prized for its history, vibrant diversity, and welcoming, relaxed, and friendly character
Property Facts
| Price | $156,994 - $356,938 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 0.91 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | I-1 - Light Industrial | ||
| Price | $156,994 - $356,938 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.91 AC |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Light Industrial |
2 Lots Available
Lot 555
| Price | $199,944 | Lot Size | 0.40 AC |
| Price Per AC | $499,860.00 |
| Price | $199,944 |
| Price Per AC | $499,860.00 |
| Lot Size | 0.40 AC |
Zoned Light Industrial permits many uses and minimal setbacks. Utilities available at the street. Parcel is .40 acre, approximately 11,000 sf buildable area. Located in Opportunity Zone so bring your development ideas!
Lot 505
| Price | $156,994 | Lot Size | 0.51 AC |
| Price Per AC | $307,831.37 |
| Price | $156,994 |
| Price Per AC | $307,831.37 |
| Lot Size | 0.51 AC |
Zoned Light Industrial permits many uses and minimal setbacks. Utilities available at the street. Parcel is .51 acre. Perfect for outdoor storage. Located in Opportunity Zone so bring your development ideas!
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $205,400 | Total Assessment | $205,400 |
Property Taxes
Parcel Numbers
Land Assessment
$205,400
Improvements Assessment
$0
Total Assessment
$205,400
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505-555 Bush Ave
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