62 Hamline Avenue South, Saint Paul, MN, 55105

62 Hamline Avenue South Saint Paul, MN 55105

62 Hamline Avenue South, Saint Paul, MN, 55105
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Nov 08, 2024

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Highlights

  • ±1,352sf of space for lease, with ±676sf being office or retail space facing Hamline Ave S, and the remainder functioning as enclosed storage and/or a garage
  • Most recently used as an open floorplan office but this is an ideal location for a storefront
  • Near a very high traffic metered corner for both vehicular and pedestrian traffic (8,100 VPD on Hamline Avenue S and 9,821 VPD on Grand Avenue)
  • Prominent signage is available on Hamline Avenue
  • Private bathroom
  • This intersection is served by public transportation

Description

SVN | Northco is pleased to present for lease 62 Hamline Avenue S in Saint Paul, Minnesota. This prime retail suite is near the corner of Grand Avenue and Hamline Avenue, two high traffic streets for both vehicular and pedestrian traffic. Visible signage on Hamline Avenue S, which is visible from a busy metered street corner with 8,100 VPD on Hamline Avenue and 9,821 VPD on Grand Avenue, makes this a very prominent storefront. The property is a freestanding brick structure encompassing ±1,352sf, including an office/retail with 30 frontage feet on Hamline Ave, and a garage with storage space in the rear. The retail/office space is immaculately furnished with exposed brick, floor to ceiling windows, a wood burning fireplace, and black walnut paneling throughout the interior.

The Property is prominently located on Hamline Avenue near the intersection of Grand Avenue and Hamline in Saint Paul, Minnesota. 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). Macalester College, the University of St. Thomas, and Hamline University are all situated nearby, providing vibrant energy to the neighborhood. Across the street from the locally famous Green Mill Restaurant, this is a popular pedestrian thoroughfare. This intersection is served by public transportation, as well.


Year Built: 1960
Building Size: 1352sq ft
Building Class: B
Lot Size: 0.28 acres


Documents

62 Hamline Ave S Floor Plan.pdf
Lease Brochure - 62 Hamline Ave S

Units for Lease

62 Hamline Ave S
Space Available: 1352 SF
Lease Type: Gross

Price Per Sqft/Month: $3000.00

Map of 62 Hamline Avenue South, Saint Paul, MN, 55105

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.