611 Grand Avenue Saint Paul, MN $ 2,800,000
611 Grand Avenue
$ 2,800,000
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611 Grand Avenue

Saint Paul, MN, 55102
$ 2,800,000
Baths0.0 Sq 14,895

Monthly Estimate*

$ 19,559

611 Grand Avenue, Saint Paul, MN 55102 - Image 1
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Studio

Commercial Property for sale in Saint Paul, MN

for $2,800,000. This 14,895 square foot building was built in 1923 on a lot size of 0.34.

Introducing 611 Grand Ave, a prime commercial property situated in the bustling neighborhood of Saint Paul, MN. Boasting an excellent location, this property is currently home to thriving businesses, including a new mixed-use 4 story development 2 blocks west; making it a fantastic investment opportunity. With a vibrant atmosphere, proximity to popular shops, restaurants, and cafes on Grand Avenue, and a steady rental income stream, this commercial property is an ideal choice for investors seeking a lucrative and sought-after asset in the heart of Saint Paul. This historic strip has been a fixture in the community for over 80 years; and is incredibly patronized by loyal and new customers daily. 6 businesses operate at the Merchants of Crocus Hill. Don't miss your chance to own this exceptional property with established tenants and endless potential.

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Commercial Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 83,876

Style

Lot Size

0.34

Year Built

1923

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6372684

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1923
Tenant Pays All Utilities
Tax Year 2023
Current Use Professional/Office Professional Service Restaurant
Accessibility No Stairs External No Stairs Internal
County Ramsey
Property Type Commercial Sale
Contingency None
Subdivision Name Terrace Park Add to The C
Possible Use Office Other Professional Service Rest/Lounge Restaurant Retail Shop Diversified Investment Bar/Tavern Medical
Directions Exit 94W turn South on Dale St
City Saint Paul
Buyer Agent Compensation 2.70
High School District St. Paul
Zoning Description Business/Commercial
Total Units 10
Street Name Grand
Land Lease Y/N N
Tax Annual Amount 83876
Additional Parcels Y/N N
Days on Market 284
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block
Basement (Y/N) Y
Street Suffix Avenue
Fuel Natural Gas
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Exterior
Parking Features Guest Parking
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Fixture/Equipment
Lot Size Area 0.34
Building Area Total 14895
Lot Dimensions 0
Lot Size Units Square Feet
Foundation Area 14895
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Internal Only
Street Number 1 611
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* Excluded Features
List By
Coldwell Banker Realty

Broker

estrella.carter@cbrealty.com

Email

Affordability Calculator

$26,549
Per Month
74%
26%
0%
Monthly Principal & Interest
$19,559
Monthly Property Taxes
$6,990
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/15/2023$2,800,000 -3.45% Price Down
8/16/2023$2,900,000 -6.45% Price Down
5/18/2023$3,100,000 Listed Price

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611 Grand Avenue, Saint Paul, MN, 55102 is a Commercial Property for sale at $2,800,000 with 14,895 sqft and a lot size of 0.34. 611 Grand Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 55102 which is in Saint Paul, MN