536 Snelling AveSaint Paul, MN 55104

Property Details for 536 Snelling Ave

Year built

1908

Construction

WOOD FRAME

Lot size

0.40 AC

Property size (Sq ft)

13,453 SF

Property type

Specialty properties

APN

34-29-23-23-0226

APU

342923230226

Description

This exceptional mixed-use property at 536 Snelling Ave N, Saint Paul, MN 55104, presents a compelling investment opportunity. The 13,453 square foot building, classified as Class C, sits on a sizable 0.4-acre lot and is currently offered at $1,200,000 ($89.20/sq ft). The property boasts three residential units, two of which are currently leased, providing immediate rental income. Its strategic location places it within easy reach of light rail access and benefits from proximity to the Allianz Field redevelopment area, designated as an opportunity zone. The property's zoning is T2, allowing for a variety of potential uses. Ample surface parking is available on the lot. This location offers convenient access to I-94, capitalizing on the area's significant growth and attracting investors seeking substantial returns in a dynamic urban setting. The property is ideal for redevelopment or continued investment, presenting a rare chance to acquire a well-positioned asset in a thriving St. Paul neighborhood. This is a for sale by owner listing.

• Alternative Use

  Use

  Valuation

  Residential

  $2,831,096

  Hospitality

  $2,593,269

  Educational

  $2,157,569

  Medical

  $2,231,771

  Retail

  $3,356,218

Location Insight

City

Saint Paul

County

Ramsey

State

Minnesota

Latitude

44.9572

Longitude

-93.1665

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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