For Sale
$2,600,000

611 Grand AveSaint Paul, MN 55102

Saint Paul Retail Center - $2.6M Asking

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents the Merchants of Crocus Hill, a thriving 216,700 square foot shopping center located at 611 Grand Avenue in Saint Paul, Minnesota, zip code 55102. This prime retail property is situated in a bustling neighborhood, boasting a vibrant atmosphere and strong tenant occupancy. Currently housing six established businesses, this center benefits from its location on Grand Avenue, surrounded by popular shops, restaurants, and cafes. The property's history spans over 80 years, establishing a loyal customer base and consistent rental income. The asking price for this well-established retail center is $2,600,000. The property is classified as both retail and land, offering significant potential for future development or expansion. Its location in Ramsey County, Minnesota, provides excellent access to transportation and a large consumer base. This is a rare opportunity to acquire a significant commercial property in a highly desirable and established location within Saint Paul. The property's long-standing success and prime location make it an attractive investment for those seeking a stable and profitable asset in a thriving market. The substantial square footage and existing tenant base provide immediate income potential, while the location offers significant long-term growth opportunities. This is a truly exceptional opportunity to own a piece of Saint Paul's rich commercial history.

Highlights

  • 216,700 SF shopping center in Saint Paul, MN.
  • Located at 611 Grand Avenue, zip code 55102.
  • Six established businesses with strong tenant occupancy.
  • Asking price: $2,600,000.
  • Retail and land classification, offering development potential.
  • Located in a bustling neighborhood with high traffic and strong consumer base.

Property Details for 611 Grand Ave

Property type
Lifestyle centers, Power centers
Square Feet
216,700 SF

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.9400967
Longitude
-93.1257283
611 Grand Ave, Saint Paul, Minnesota

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611 Grand Ave
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