216 Wabasha StSaint Paul, MN 55107

Property Details for 216 Wabasha St

Year built

1970

Lot size

1.41 AC

Property size (Sq ft)

22,333 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 22,333-square-foot industrial property, located at 216 Wabasha St S in Saint Paul, Minnesota, presents a compelling investment or owner-user opportunity. The single-story, Class C building, constructed in 1970, sits on a 1.41-acre lot and boasts a flexible layout ideal for various industrial and warehouse uses. The property features two dock-high doors, and ceiling heights range from 16 to 22 feet, providing ample space for storage and operations. Currently zoned B-3, this property benefits from a full wet sprinkler system, enhancing safety and security. Its prime location offers convenient access to downtown Saint Paul and major transportation arteries, including Highway 52 and I-94, ensuring seamless logistics. The property is currently tax-exempt and enjoys the advantage of abundant nearby amenities. The asking price is $1,600,000, translating to $71.64 per square foot. Occupancy is available September 25, 2024. This is a rare opportunity to acquire a well-situated, functional industrial space in a thriving urban area. Don't miss out on this chance to secure a valuable asset in a desirable location.

Location Insight

City

Saint Paul

County

Ramsey

State

Minnesota

Latitude

44.9365

Longitude

-93.0853

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