2103 Wabash AveSaint Paul, MN 55114

  • Industrial properties
  • 102,429 SF
For Lease
$7/SF/YR View listing

Property Details for 2103 Wabash Ave

Year built
1935
Lot size
1.62 AC
Property size (Sq ft)
102,429 SF
Zone code
R
Property type
Industrial properties
Property subtype
Other warehouses
APN
32-29-23-14-0002
APU
322923140002

Description

The Superior Building, located at 2103 Wabash Ave, St. Paul, MN 55114, presents a unique investment opportunity. This historic warehouse, originally constructed in 1886 and listed on the National Register of Historic Places, boasts a total of 102,429 square feet across three stories. The property sits on 1.63 acres of land and is classified as a Class C building. Currently offering multiple tenancies, there are five spaces available, ranging in size from 767 square feet to 8,747 square feet, making it suitable for a variety of businesses. Its strategic location in the Midway neighborhood offers easy access to both downtown St. Paul and downtown Minneapolis, situated less than five miles from each. The building's rich history, combined with its versatile space and convenient location, makes it an attractive option for businesses seeking a unique and well-positioned property in a thriving urban area. The property's industrial nature, combined with its retail and office potential, provides significant flexibility for future development and adaptation. This is a rare opportunity to acquire a piece of Saint Paul's history with significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,555,514
    Hospitality
    $19,744,734
    Educational
    $16,427,388
    Medical
    $16,992,350
    Retail
    $25,553,714
2103 Wabash Ave, Saint Paul, Minnesota

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.9585
Longitude
-93.1888
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
$21,278
$396,300
$337,900
$734,200
-
$396,300
$337,900
$734,200

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