Turnkey Salon on High Traffic Commercial Corridor in Saint Paul

1559 Randolph Avenue Saint Paul, CO 55105

1559 Randolph Avenue, Saint Paul, CO, 55105
1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105 1559 Randolph Avenue, Saint Paul, CO, 55105
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Dec 10, 2024

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Highlights

  • Available on 5/1/24
  • ±760 square feet of turn key second generation salon retail space near a highly trafficked corner in Saint Paul; two levels with ±380 SF on each floor
  • Three chairs, two bowls, and two hair drying chairs in place
  • Strong traffic counts: Randolph Avenue (12,956 VPD) with visibility from Snelling Avenue (18,800 VPD)
  • Tenant pays utilities

Description

SVN | Northco is pleased to present for lease 1559 Randolph Avenue in Saint Paul, Minnesota, a ±760 SF second generation salon retail space, currently built out as a turnkey salon/spa with three chairs and two bowls in place. The space is split into two levels with ±380 SF on each floor. This location is highly visible with very high traffic counts on both Randolph Avenue (12,956 VPD) and Snelling Avenue (18,800 VPD). It boasts a prominent facade and signage on Randolph Avenue, one of the main arterial thoroughfares in Saint Paul. There is a restroom, laundry room, office, and two hair dryer chairs in the lower level. There are four exclusive parking spaces in the rear that are shared with the tenant next door, and additional spaces are available to be truly exclusive for $50/month in the large parking lot immediately adjacent to the building to the east.

The Property is located on Randolph Avenue just east of Snelling Avenue in Saint Paul within the Macalester-Groveland neighborhood. The Snelling and Randolph intersection is a busy junction with high volumes of both vehicular and pedestrian traffic. This area provides excellent visibility for businesses. Join an established commercial area with a healthy customer base in the vicinity. Excellent demographics include a population of >32,000 and average household income of near $150,000 within one mile. T2 | traditional neighborhood zoning allows for a wide variety of uses.


Year Built: 1914
Building Size: 2861sq ft
Lot Size: 0 acres


Documents

Lease Brochure - 1559 Randolph Avenue

Units for Lease

1559 Randolph Avenue
Space Available: 760 SF
Lease Type: Gross

Price Per Sqft/Month: $2000.00

Map of 1559 Randolph Avenue, Saint Paul, CO, 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.