125 Little Canada RdLittle Canada, MN 55117

  • Office buildings
  • 26,164 SF
For Sale

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
125 Little Canada Rd, Little Canada, Minnesota

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$81,366
$561,900
$1,978,700
$2,540,600
-
$561,900
$1,978,700
$2,540,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].