Historic Office Redevelopment: Former Cenex HQ Building

1185 N. Concord Street South Saint Paul, MN 55075

1185 N. Concord Street, South Saint Paul, MN, 55075
1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075 1185 N. Concord Street, South Saint Paul, MN, 55075
FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 29, 2021

Highlights

  • Listed on National Register of Historic Places in May 2021, unlocking significant tax credits (HTC's) and other funding sources.
  • The site contains significant acreage to create density and synergy. MUH, Retail and Mixed-Use development opportunities.
  • TIF district likely available to support redevelopment.
  • Office building design allows for an additional 2 floors.
  • Located in North Concord Mixed Use District (NCMU), prioritized as a "key area for redevelopment over next 20 years". Zoning update is in process, with stated goal of making the NCMU more "developer-friendly".
  • Easy access to downtown St. Paul, I-494 (2 miles) and Highway 52 (1 mile).
  • Mississippi River Valley location and views.

Description

The former Cenex Headquarters property, a 2021 addition to the National Historic Register, designed by noted architect Ellerbe Becket is ideal for repositioning and additional development. The historic, distinctive and vintage architecture, wooded landscape and Mississippi River views add to the desirability of location. Primed for Multi-family conversion and additional density on 3 large outparcels. A great mixed-use, signature project, type of opportunity.

Conveniently located approximately 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 St. Paul Holman Airport. The building is situated on a wooded lot with Mississippi River views.


Year Built: 1957
Building Size: 101022sq ft
Building Class: C
Lot Size: 9.26 acres


Documents

Sale Brochure
Maxfield Study - Hardman Triangle 2019.pdf

Map of 1185 N. Concord Street, South Saint Paul, MN, 55075

Presented by:
KW Commercial | Midwest

Request additional information
Jim Zeller


David Finigan


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.