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Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Office(s)
Listing Status Sold
Purchase Type For Sale
Subdivision City Of St Paul
MLS Listing ID 6090334
Sold Date 09/26/22
Year Built 1941
Annual Tax Amount $55,798
Tax Year 2021
Lot Size 0.321 Acres
Acres 0.321
Property Sub-Type Office(s)
Property Description
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.
Location
State MN
County Out Of State
Zoning Business/Commercial,Other
Interior
Interior Features Elevator
Heating Natural Gas
Cooling Central Air, Forced Air, Hot Water
Exterior
Exterior Feature Brick/Stone, Aluminum/Steel
Building
Sewer Sewer(In Street)
New Construction N
Schools
School District St. Paul
Others
Acceptable Financing Other
Listing Terms Other
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Bought with The Terrace Group
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