Office Space For Lease

622-624 Selby Avenue St. Paul, MN 55104

622-624 Selby Avenue, St. Paul, MN, 55104
622-624 Selby Avenue, St. Paul, MN, 55104
FOR LEASE
Property Type:
Mixed Use
Cap Rate:
0.00%
Last Verified:
Jul 26, 2024

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Office Space For Lease Highly visible building on the corner of Selby Avenue and Dale Street in St. Paul. The property sits just outside the Historic Hill District in the walkable Selby/Dale neighborhood. It is just half a mile to the shops and restaurants of Grand Avenue to the south and of Cathedral Hill to the east. The available office space offers incredible windows and natural light, high, open ceilings, and tons of flexible space - a perfect location for your business! Highlights and Features: • 2nd floor office space over store with elevator • Secured entrance to 2nd floor offices • 3 private offices & a conference room • Break/copier room • Open area with desks • High, open, industrial ceilings • Many large windows • Great view over Dale Street • Shared bathroom and conference room • Signage available on 2 entrance doors on Dale & Selby • Walk Score: 84 • Area Tenants: Mother Plants, Black Blue Men’s Clothing, Claddagh Coffee, Mango Thai, Louisiana Cafe, Summit-University Planning Council, Urban Tails Waggin', E & J Dry Cleaners, Capitol Guitars, The Laundry Doctor, Clean Cuts • Co-tenants: Mississippi Market Natural Foods Co-op, Rondo Community Land Trust Demographics and Traffic Counts: • Average Household Population: 1 mile - 17,175, 3 miles - 101,606 and 5 miles - 241,836 • Average Household Income: $61,148, 3 miles - $60,448 and 5 miles - $63,499 • Dale Street N: 16,800 vpd and Selby Avenue: 5,900 vpd Space Available: • 624 Selby Avenue: 2,231 sf to 3,830 sf • Lease Rate: Negotiable

Map of 622-624 Selby Avenue, St. Paul, MN, 55104

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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.