Desirable Retail/Office Building on Grand Avenue
Property Details
| Sale Price: |
Property Description
SVN | Northco is pleased to offer for lease 740 Grand Avenue in Saint Paul, Minnesota ("Property"). The Property is located on one of the most sought after commercial corridors in the Twin Cities, Grand Avenue. There are numerous restaurants and retailers within a couple of blocks of the Property, many of which are some of the most acclaimed establishments in the Twin Cities. Walgreens is also located across the street.
Highlights
- One ±2,833 SF retail, office or restaurant space for lease on popular Grand Avenue
- Former Authentic Construction space; currently built out as a fully functional office, but can be reconfigured into a fantastic retail or restaurant space, or another use
- Patio space available
- 2 designated off-street parking spaces available with ample on-street parking options as well
- Roughly 1,200sf of additional storage space available (not included in quoted rentable square footage)
- Ideal for a number of uses, including restaurant and/or retail, or office
- One of the highest commercial corridors in the Twin Cities with high vehicle and foot traffic year-round; this stretch of Grand Avenue sees approximately 11,000 VPD
- The Property is adjacent to a Re/Max Results office and Grand Ole Creamery, one of the most popular ice cream establishments in the Twin Cities and in operation for well over 30 years
- Easy access to I-94 and I-35E
- Located in a B3 - General Business District
- Negotiable TI Allowance
Map
Location Description
The Property is ideally located on Grand Avenue two blocks west of Dale Street and six blocks east of Lexington Parkway. Grand Avenue is the premiere commercial corridor in the City and is often referred to as "The Heart of Saint Paul", offering a mix of commercial, residential, and entertainment options. Grand Avenue is lined with beautiful historic homes, boutique shops, art galleries, bookstores, and a variety of dining establishments, including cafes, pubs, and fine dining restaurants. Grand Avenue is also home to the annual Grand Old Day festival, which is one of the largest one-day festivals in the Midwest, featuring music, food, and family-friendly activities (brought back after a several year hiatus in 2023).
The Property is adjacent to a Re/Max Results real estate office and to Grand Ole Creamery, which has been one of the city's most popular ice cream establishments for decades. It draws hundreds of people a day in the warm months, which gives the subject property great visibility. The Property is also located across Grotto Street from Walgreens, and Caribou Coffee, Punch Pizza, and Brasa Rotisserie are located on the same block (across Grand Avenue).
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$2,250,000
$2,250,000
$1,495,000
$1,495,000
Negotiable
Negotiable
$2.00 SF/yr (NNN)
