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$750,000
Est. payment /mo
8 Beds
8 Baths
4,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $170
Subdivision Hagers Sub Of Lots, 1,
MLS Listing ID 7003900
Bedrooms 8
Year Built 2026
Annual Tax Amount $190
Tax Year 2025
Contingent None
Lot Size 5,880 Sqft
Acres 0.135
Lot Dimensions Irregular
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. This plan facilitates 4 larger units as a potential build. 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.
Location
State MN
County Ramsey
Rooms
Basement Other
Interior
Heating Other
Fireplace No
Exterior
Garage Spaces 4.0
Building
Story Two
Foundation 1
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Two
New Construction false
Schools
School District St. Paul
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Listed by Michael Wilen • Coldwell Banker Realty
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Carson Brooks
VP and Managing Broker | License ID: 20593288
VP and Managing Broker License ID: 20593288