734 Grand Ave, St Paul, MN 55105
RETAIL For SaleYear Built: 1914
Floors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Investment Repositioning Redevelopment Opportunity | SALE | $2,450,000.00 |
Jim Kenney - Suntide Commercial Realty, Inc.
PHONE: 6127494233
PHONE: 6127494233
Kevin Peck - Suntide Commercial Realty, Inc.
PHONE: 6128342250
PHONE: 6512099637
Jeff Hart - Suntide Commercial Realty, Inc.
PHONE: 6127477794
PHONE: 6127477794
The site presents a potential opportunity for future mixed-use redevelopment, including residential units above ground-floor retail. A strong underlying building is currently masked by the existing façade. Redevelopment would provide the opportunity to re-tenant the property to higher-rent boutique, restaurant, medical, or experiential users. Highlights • Prime Grand Avenue frontage with excellent visibility and access • Large-format retail footprint (rare on the corridor) • In-place income from Walgreens through March 31, 2029 • Strong underlying land value on an irreplaceable Saint Paul commercial corridor • Hard to find off-street parking on Grand Avenue • Re-tenanting to higher-rent boutique, restaurant, medical, or experiential users • Potential redevelopment into residential or mixed-use including retail • In-place rents below market with future upside