500 & 499 Grotto Street N Saint Paul, MN $ 599,000
500 & 499 Grotto Street N
$ 599,000
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500 & 499 Grotto Street N

Saint Paul, MN, 55104
$ 599,000
Baths0.0 Sq 9,672

Monthly Estimate*

$ 4,184

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Studio

Commercial Property for sale in Saint Paul, MN

for $599,000. This 9,672 square foot building was built in 1900 on a lot size of 0.17.

Motivated Seller, Bring Offers! Stand-Alone Building zoned T-2 with a wide variety of uses possible - Office, Retail, Live/Work, Residential/Multifamily and more! Currently setup as office, located just off University Ave in convenient St. Paul location. Excellent parking for the building with 2 parking lots totaling 22 parking stalls. The parking lot across the street at 499 Grotto is also included in this sale - 500 Grotto (building & parking) + 499 Grotto (additional parking). Perfect for the Owner/User or Investor (currently vacant). Both levels consist of several large offices, kitchen (on 1st floor), conference rooms, restrooms (3 total), and ample storage throughout. 500 Grotto is Zoned T2, 499 Grotto is zoned R4. Separate furnaces on each level. The building offers flexibility with the ability to rent out one of the levels and occupy the other yourself. Or rent out each floor separately if a user doesn’t need the entire building.

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Commercial Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,804

Style

Lot Size

0.17

Year Built

1900

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6475763

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Appliances Refrigerator
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1900
Tax Year 2024
Current Use Professional/Office Commercial Office Professional Service Retail Vacant
Accessibility None
Additional Parcels Description 352923130204
County Ramsey
Property Type Commercial Sale
Contingency None
Subdivision Name Syndicate 1 Add
Directions Corner lot on Grotto Street N. 1 block north of University Ave
City Saint Paul
Buyer Agent Compensation 2.70
High School District St. Paul
Zoning Description Business/Commercial Residential-Single Family
Total Units 1
Street Name Grotto
Land Lease Y/N N
Tax Annual Amount 11804
Additional Parcels Y/N Y
Days on Market 71
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Street Suffix Street
Fuel Natural Gas
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Exterior
Parking Features Asphalt Paved Open
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.17
Building Area Total 9672
Lot Dimensions 76x100
Lot Size Units Acres
Foundation Area 3022
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Re/Max Results

Broker

mark@resultscommercial.com

Email

Affordability Calculator

$5,168
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,184
Monthly Property Taxes
$984
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
3/20/2024$599,000 -4.16% Price Down
1/10/2024$625,000 Listed Price

Map


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500 & 499 Grotto Street N, Saint Paul, MN, 55104 is a Commercial Property for sale at $599,000 with 9,672 sqft and a lot size of 0.17. 500 & 499 Grotto Street N is a studio with 0.0 baths and was built in 1900. The property's zip code is 55104 which is in Saint Paul, MN