Strommen Building | 2469 W University Ave
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Strommen Building 2469 W University Ave
13,561 SF Office Building Saint Paul, MN 55114 $2,500,000 ($184/SF)
Investment Highlights
- Great visibility from highway 280!
Executive Summary
Opportunity-zone qualified. Remarkable visibility from Highway 280, tremendous "going to work" University Avenue traffic, and foot traffic from the growing apartment resident population. Priced for redevelopment, the property has been deemed non-contributing by the local historic registry.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
13,561 SF
Building Class
B
Year Built
1971
Price
$2,500,000
Price Per SF
$184
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,780 SF
Slab To Slab
12’
Building FAR
0.50
Land Acres
0.62 AC
Opportunity Zone
Yes
Zoning
T3
Parking
40 Spaces (2.95 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 of 1
Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 29-29-23-34-0025 | Improvements Assessment | $320,800 |
| Land Assessment | $810,100 | Total Assessment | $1,130,900 |
PROPERTY TAXES
Parcel Number
29-29-23-34-0025
Land Assessment
$810,100
Improvements Assessment
$320,800
Total Assessment
$1,130,900
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Strommen Building | 2469 W University Ave
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