Development Site with warehouse building and in-place income

1190 North Concord Street South Saint Paul, MN 55075

FOR SALE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
May 25, 2021

Highlights

  • North Concord Mixed Use District is prioritized as a "key area for redevelopment over the next 20-30 years" for the City of South Saint Paul.
  • Likely future TIF district to support this redevelopment.
  • Retail, Office, MUH and Mixed-Use development opportunities.
  • Easy access to downtown Saint Paul via Highway 52 (1 mile).
  • Direct access to I-494, the MSP International Airport and beyond.
  • Mississippi River Valley setting and views.

Description

1.7 acre site fronting North Concord Street. In the North Concord Mixed-Use District and guided for retail, mixed-use or office development with a wide variety of uses available. A 11,552 SF low-slung railroad storage building is situated on the back of the property, with 2 tenants and lease income in place. Access to Concord Street on the south access road or directly to Concord on the west frontage.

Conveniently located 1 mile south of Highway 52 and 3 miles north of I-494 and minutes from downtown St. Paul. Easy access to MSP International Airport and 2 miles to St. Paul Holman Downton Airport. Located adjacent to Kaposia Landing Park and the Mississippi River corridor.

Building Size: 11552sq ft
Lot Size: 1.7 acres

Map of 1190 North Concord Street, South Saint Paul, MN, 55075

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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