Properties
Listing ID6090334
Sold For$2,800,000
StatusClosed
Sold Date9/26/2022
Acres
0.320
CountyRamsey
SubdivisionCity Of St Paul
Year Built1941
Property TypeCommercial Sale
40,000 SF of contiguous office space available in the Grace Building. Large windows, high ceilings, and flexible floor space.
A price reduction of over 20% brings this gem of a building and location to under $3.5 million.
Since 1941 the Grace Building has been situated at the bustling corner of 7th and Wabasha in the heart of downtown St. Paul. Once home to Shuneman’s and Howard’s department stores, the building helped make up a vibrant retail district along the 7th Street corridor.
Today, the vibrancy of the Grace Building lives on overlooking the serene 7th Place pedestrian mall. Across Wabasha Street, the former Macy’s building has been transformed into a state-of-the-art hockey facility for the Minnesota Wild, as well as new office and retail space.
County
Ramsey
Property Type
Commercial Sale
Subdivision
City Of St Paul
Year Built
1941
Cooling
Central Air
Heating
Forced Air, Hot Water
Number Of Units Total
3
Construction Materials
Brick/Stone, Metal Siding
Foundation Area
42000
Fuel
Natural Gas
Lot Size Dimensions
.32 acres
Lot Size Units
Acres
Neighborhood
Downtown
Parking Features
More Parking Offsite for Fee
Sewer
City Sewer - In Street
Utilities
None
Water Source
City Water - In Street
High School District
St. Paul
Postal City
Saint Paul
Public Survey Range
22
Public Survey Section
06
Public Survey Township
28
School District Number
625
Zoning Description
Business/Commercial,Other
Accessibility Features
Accessible Elevator Installed
Current Use
Office, Vacant
Rental License
no
Contingency
None
Inclusions
Building
Lease Type
Triple Net
Tax Annual Amount
55798
Tax Year
2021
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