292 Walnut Street

292 Walnut Street Saint Paul, MN 55102

292 Walnut Street, Saint Paul, MN, 55102
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FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Feb 23, 2026

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Highlights

  • Unprecedented warehouse space in the West 7th entertainment district of Saint Paul
  • Flexible commercial / light industrial space suitable for a variety of uses
  • This would be a premiere location for an indoor recreation concept, brewery, distillery, etc., however the owner is open to all uses
  • The owner of the building currently has a legally non-conforming use for light industrial, and is open to applying to change the non-conforming use. The Property is located in an RM-2 zoning district.
  • 35 off-street parking spaces (30 lined stalls) and off-street parking is readily available
  • Convenient access to West 7th Street, I-94, and I-35E for regional connectivity
  • In the heart of Saint Paul's biggest entertainment district, and one block from Grand Casino Arena (Home of the Minnesota Wild)

Description

SVN | Northco is pleased to present, as exclusive advisor to ownership, a premiere leasing opportunity at 292 Walnut Street in Saint Paul, Minnesota ("Property"). The Property offers a functional and well-situated leasing opportunity in Saint Paul’s most vibrant downtown entertainment district, suitable for a range of commercial uses. The Property features a practical layout designed to support efficient operations, with flexible interior space that can be configured for a wide variety of uses. Its location provides convenient access to West 7th Street and Interstate 94. On-site and nearby street parking support daily operations, while the surrounding mix of residential and commercial uses provides a stable tenant environment. Finished office spaces on the main and second level compliment the large usable warehouse space, ready for its next user. Competitive lease rates relative to core downtown submarkets make this an attractive option for businesses seeking affordability without sacrificing accessibility.

292 N Walnut Street is strategically located in Saint Paul’s West 7th neighborhood, an area experiencing steady reinvestment and long-term growth driven by its proximity to downtown Saint Paul, Grand Casino Arena (formerly the Xcel Energy Center), the State Capitol, and major transportation corridors. The Property sits just minutes from Marion Street and Interstate 94, providing efficient east-west access across the Twin Cities metro and convenient connectivity to Minneapolis, downtown Saint Paul, and key employment centers. The surrounding area features a mix of residential, light industrial, and neighborhood-serving commercial uses, creating a stable and functional urban environment. Nearby amenities include local restaurants, retail services, schools, and public transit options, supporting both workforce and community needs. The location benefits from strong regional accessibility while maintaining a lower-cost basis relative to core downtown submarkets, making it attractive for a variety of owner-user or investment strategies.

Building Size: 13850sq ft
Lot Size: 0.62 acres


Documents

Lease Brochure - 292 Walnut Street.pdf

Units for Lease

292 Walnut St
Space Available: 13850 SF
Lease Type: NNN

Map of 292 Walnut Street, Saint Paul, MN, 55102

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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:

  • 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.