289 5Th StSaint Paul, MN 55101

For Sale
$995,000
18,000 SF Class A Office, Vacant, Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional opportunity presents a vacant, 18,000-square-foot Class A creative office space in a beautifully renovated 1902 brick building located at 289 5th St E, Saint Paul, MN 55101. The property, encompassing a single nine-story building, underwent a significant renovation in 2016, boasting open timber construction, hardwood floors, and expansive 7' x 4' windows on three sides, offering abundant natural light. The space is ideal for tenants seeking 1,500 to 3,500 square feet of office lease space. Amenities include a secured second-floor condo with elevator access, an impressive multi-level atrium, and a luxurious open kitchen for tenant use. Its prime location next to the St. Paul Saints ballpark and the Farmers' Market provides convenient access and ample parking. The property is zoned B-5 and offers multiple space options. The asking price is $995,000, translating to $55.28 per square foot. This is a value-add investment opportunity with a modified lease type. The building features one unit across 18,000 net rentable square feet.

Highlights

  • $995,000 asking price for this Class A, 18,000 square foot creative office building.
  • Located at 289 5th St E, Saint Paul, MN 55101, in a B-5 zoned area.
  • Vacant, 18,000 square feet of net rentable space, priced at $55.28 per square foot.
  • Nine-story building constructed in 1902 and renovated in 2016; features include open timber construction, hardwood floors, and large windows.
  • Value-add investment opportunity with a modified lease type; broker co-op is available.

Property Details for 289 5Th St

Property type
Office properties, Office space
Square Feet
18,000 SF
Class
A
Year Built/Renovated
1902/2016
Buildings
1
Stories
9
Units
1

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.950202185739
Longitude
-93.085662371711
289 5Th St, Saint Paul, Minnesota

FAQs

What type of property is this?
Office property - 18,000 SF Class A Office, Vacant, Value-Add
Where is the office property located?
The property is located at 289 5Th St Saint Paul, MN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: $995,000 asking price for this Class A, 18,000 square foot creative office building.; Located at 289 5th St E, Saint Paul, MN 55101, in a B-5 zoned area.; Vacant, 18,000 square feet of net rentable space, priced at $55.28 per square foot.
How can I contact the broker?
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289 5Th St
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