3500 Federal Drive, Saint Paul, MN 55122
$3,790,000
Property Type:
Commercial
Lot Size (sq. ft.):
170,320
Status:
Active
Current Price:
$3,790,000
List Date:
1/09/2026
Last Modified:
5/27/2026
Listing Details MLS# 7007024
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 245
- Owner Occupied
- Yes
- Waterfront Present
- No
- Year Built
- 1990
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 35564
- For Sale or Lease
- For Sale
- Acres
- 3.91
- Lot Dimensions
- 3.92
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
Fully Wheelchair
Assumable Loan:
Not Assumable
CMU Style:
Freestanding; Mixed Use; Office; Retail/Shopping Center; Single Occupancy; Warehouse
Construction Status:
Previously Owned
Current Use:
Church; Commercial; Office; Professional Service
Exterior:
Block
Foundation:
Slab
Fuel:
Natural Gas
Heating:
Boiler
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Parking Lot
Potential Use:
Diversified; Income; Manufactured Home; Other; Professional; Retail
Sewer:
City Sewer/Connected
Stories:
One
Water:
City Water/Connected
Contract Information
- Contingency
- Subject to Financing
- ListPrice
- 3790000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 3500
- Street Name
- Federal
- Street Suffix
- Drive
- Postal City
- Saint Paul
- County
- Dakota
- State
- MN
- Zip Code
- 55122
- Complex/Dev/Subdivision
- Rasmussen College Campus
Assessments
- Tax With Assessments
- 3495
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 35564
More Information
Building Information
- Building Finished SqFt
- 35564
- Building SqFt
- 35564
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 16
- Township#
- 27
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- RASMUSSEN COLLEGE CAMPUS 1 1
- Listing City
- Eagan
- Map Page
- 135
- Municipality
- Eagan
- School District
- West St. Paul-Mendota Hts.-Eagan
- School District Phone
- 651-403-7002
- Zip Plus 4
- 5369
- Property ID Number
- 106295001010
- Tax Year
- 2025
- Tax Amount
- 3495
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- The Gateway to Success Positioned at the strategic gateway of the Twin Cities’ South Metro, 3500 Federal Drive offers an unmatched owner-user opportunity within Eagan’s thriving professional corridor. This versatile 35,564 SF single-story asset, formerly a flagship educational campus, is engineered for high-density success. With a rare 10.0:1,000 parking ratio—nearly triple the market average—the property is uniquely suited for specialized medical clinics, high-tech training facilities, or mission-critical corporate headquarters. Visibility is a core asset here: the building commands a front-row seat to over 86,000 vehicles daily on I-35E, providing an invaluable "billboard" effect for its occupant. Its expansive 3.92-acre footprint allows for direct tenant access and exterior autonomy, highly sought-after features in the 2026 suburban office landscape. Situated less than 10 minutes from MSP International Airport and just moments from premier retail hubs like Central Park Commons and Twin Cities Premium Outlets, 3500 Federal Drive combines logistical dominance with elite lifestyle amenities. Whether you are seeking a medical-conversion anchor or a corporate operations center, this property delivers the visibility, accessibility, and infrastructure to scale your organization’s future
- Directions
- 494 to 35E South to Yankee doodle road -right turn to federal drive-- left turn to address.
Accessible
- Fully Wheelchair
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Block
- Yes
Foundation
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Parking Characteristics
- Parking Lot
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Freestanding
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Retail/Shopping Center
- Yes
- Single Occupancy
- Yes
- Warehouse
- Yes
Current Use
- Church
- Yes
- Commercial
- Yes
- Office
- Yes
- Professional Service
- Yes
Potential Use
- Diversified
- Yes
- Income
- Yes
- Manufactured Home
- Yes
- Other
- Yes
- Professional
- Yes
- Retail
- Yes
Listing Office:
Exactrealtygroup
Last Updated: May - 27 - 2026
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