Rice Street Mixed Use Stand Alone

616 Rice Street Saint Paul, MN 55103

616 Rice Street, Saint Paul, MN, 55103
616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103 616 Rice Street, Saint Paul, MN, 55103
FOR SALE
Property Type:
Free Standing Building
Amount:
$424,900
Last Verified:
Oct 02, 2024

Daily Email Blast
0 times


Highlights

  • Stand Alone Building (Chiropractor & Salon as tenants) on PRIME Rice Street, just north of the State Capitol
  • Off-Street parking in rear of building
  • Unfinished Basement for expansion (Total building SF ~ 5,520SF; w/basement)
  • PRIME visibility on Rice Street
  • Great owner-user or investor opportunity

Description

Explore the potential of this impressive ~ 3,320 SF commercial (5,520 SF total with unfinished basement)
building just north of the State Capitol. Constructed in 1950 and
located in the thriving Saint Paul area, this property offers an
excellent opportunity for an Office, Retail or Professional Services
Building investor or Owner-User. With its prime corner location in a
bustling commercial district, this property promises high visibility
and accessibility for potential tenants.
Off street parking allows employees and visitors to park in rear of
building. Current tenants include a Chiropractor (Owner) & Salon
(Tenant). Plus, possible expansion opportunity with a full,
unfinished basement!

Immerse yourself in the rich surroundings of Saint Paul, MN, where the property is located. This vibrant area offers a perfect blend of historic charm and modern conveniences, making it an attractive choice for an Office / Office Building investment. The nearby Rice Park provides a beautiful outdoor escape, while the Science Museum of Minnesota and the Ordway Center for the Performing Arts offer cultural stimulation. The area boasts an array of dining and entertainment options, providing a well-rounded experience for potential tenants and employees. With easy access to public transportation and major highways, this location offers both the serenity of a residential district and the energy of a commercial hub.


Year Built: 1950
Building Size: 3320sq ft
Lot Size: 0.13 acres


Documents

KW • Offering Memorandum (P)
616 Rice St | Floor Plan PDF.pdf

Map of 616 Rice Street, Saint Paul, MN, 55103

Presented by:

Request additional information


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.