125 Little Canada RdLittle Canada, MN 55117
- Office buildings
- 26,164 SF
Property Details for 125 Little Canada Rd
- Year built
- 2005
- Lot size
- 1.29 AC
- Property size (Sq ft)
- 26,164 SF
- Property type
- Office buildings
- APN
- 06-29-22-32-0093
- APU
- 62922320093
Description
This exceptional Class A mixed-use building, located in Little Canada, Minnesota, offers 24,442 square feet of space ideal for office, retail, or medical tenants. Built in 2006, this two-story property boasts a 35% occupancy rate across four tenants in a multi-tenancy arrangement. Situated on two parcels totaling 2.17 acres, it provides ample parking. The property enjoys excellent visibility and signage at the intersection of Rice Street and Little Canada Road. Its location offers easy access to major highways (694 and 35E), placing it near downtown St. Paul and benefiting from proximity to Little Canada's population of over 10,000, as well as nearby established school districts and top-ranked universities. The building features on-site amenities including a Jimmy John's and a wellness cafe, with numerous additional dining options within a one-mile radius. This fee-simple ownership opportunity presents significant upside potential for owner-users, owner-occupants, or investors seeking a strong return, especially considering the attractive basis well below estimated replacement cost. The property's APN is 06-29-22-32-0093.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,810,387
- 6.5%
- $4,440,357
- 7%
- $4,123,189
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,335,410
- Geo Method
- $1,335,410
-
Alternative Use
- Use
- Valuation
- Residential
- $5,506,043
- Hospitality
- $5,043,506
- Educational
- $4,196,138
- Medical
- $4,340,449
- Retail
- $6,527,325
Location Insight
- City
- Little Canada
- County
- Ramsey
- State
- Minnesota
- Latitude
- 45.0265
- Longitude
- -93.1054
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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