For Sale: Saint Paul MLS# 6646149
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Property Description
Prime development opportunity in Saint Paul! This 2.7-acre site, encompassing 17 city lots in the North End neighborhood, is pre-approved for a multi-family residential building. Options include a 50-unit apartment complex or a senior housing project with over 90 units, offering 79, 300 square feet of potential living space. Zoned RM2 (Medium Density Residential), the property comes with variances for parking, wetland use, and setbacks, with prior approvals and permits in place. Soil tests and wetland delineations have been completed, and the design integrates a preserved wetland area as an amenity. Conveniently located near downtown Saint Paul, public transportation, and major amenities, this project is ready for immediate development. In addition to residential development, recent discussions have also considered self-storage as a viable option for this parcel, given the success and strong performance of nearby storage facilities. The existing zoning, along with previously approved variances and completed environmental work, could support a change in use or a rezoning application, subject to city approval. The preserved wetland feature offers an opportunity to design a visually appealing facility that incorporates green space, while the site's accessibility and central location position it well for steady demand in the self-storage market.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Lot/Land
City:
Saint Paul
County:
Ramsey
State:
MN
Property Style:
Lot/Land
Zip Code:
55117
Neighborhood/Area:
North End
Subdivision Name:
Hagers Sub Of Lots, 1,
Lot & Land
Acres:
2.52
Geolocation:
44.983465, -93.102562
Inclusions:
Other
Lot Dimensions:
299 x 386
Restrictions:
Other
Zoning:
- Business/Commercial
- Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
625
District Phone:
651-767-8100
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$176
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$176
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Site Plan Approved
Improvements:
Paved Streets
Available Utilities:
- Cable Available
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Sewer Available
- Sewer Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.