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860 Vandalia St
91,380 SF 100% Leased Industrial Building Saint Paul, MN 55114 $7,950,000 ($87/SF)
Investment Highlights
- Functional industrial property which is in high-demand and in short-supply in this market
- Recent property improvements include renovated office space, and roof improvements.
- Well located near major roadways and interstate highways.
- Good loading and sufficient clear height.
Executive Summary
New sprinkler system
Upgraded LED lighting
New HVAC
New roof on 70% of the building
Fenced and secured parking lot
Good loading and sufficient 16' clear height
8 dock-height doors
1 over-sized drive-in door
Property Facts
| Price | $7,950,000 | No. Stories | 1 |
| Price Per SF | $87 | Year Built/Renovated | 1959/2019 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.4/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16 FT |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 8 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 3.04 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 91,380 SF |
| Price | $7,950,000 |
| Price Per SF | $87 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.04 AC |
| Rentable Building Area | 91,380 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2019 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 16 FT |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Lease this 91,380 square foot turn-key industrial building in the desirable Midway submarket. The property was extensively renovated starting in 2019 with improvements including a full renovation of the office space. Negotiable lease rate New HVAC New sprinkler system Upgraded LED lighting New roof on 70% of the building Fenced and secured parking lot Good loading and sufficient 16' clear height 8 dock-height doors 1 over-sized drive-in door
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 91,380 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 91,380 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 91,380 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Lease this 91,380 square foot turn-key industrial building in the desirable Midway submarket. The property was extensively renovated starting in 2019 with improvements including a full renovation of the office space. Negotiable lease rate New HVAC New sprinkler system Upgraded LED lighting New roof on 70% of the building Fenced and secured parking lot Good loading and sufficient 16' clear height 8 dock-height doors 1 over-sized drive-in door
PROPERTY TAXES
| Parcel Number | 29-29-23-41-0017 | Improvements Assessment | $3,450,100 |
| Land Assessment | $1,205,800 | Total Assessment | $4,655,900 |
PROPERTY TAXES
zoning
| Zoning Code | I-2 |
| I-2 |
-
Kate Gillette -
Avison Young
Presented by
860 Vandalia St
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