421 Wabasha Street N, Saint Paul, MN 55102
$2,800,000
Property Type:
Commercial
Lot Size (sq. ft.):
13,939
Status:
Closed
Current Price:
$2,800,000
List Date:
8/25/2021
Last Modified:
8/07/2025
Overview
Description
Listing Details MLS# 6090334
General Property Information
- Living Area Units
- Square Feet
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Year Built
- 1941
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial, Other
- Foundation Size
- 42000
- For Sale or Lease
- For Sale or Lease
- Acres
- 0.32
- Lot Dimensions
- .32 acres
- Other Parking Spaces
- 0
- Garage Stalls
- 0
Property Features
Accessible:
Accessible Elevator Installed
Air Conditioning:
Central Air
CMU Style:
Office; Retail/Shopping Center
Construction Status:
Previously Owned
Current Use:
Office; Vacant
Exterior:
Brick/Stone; Metal
Financing Terms:
Other
Fuel:
Natural Gas
Heating:
Forced Air; Hot Water
Lease Details:
Triple Net
On Site Utilities:
None Available
Parking Characteristics:
More Parking Offsite for Fee
Sewer:
City Sewer - In Street
Water:
City Water - In Street
Contract Information
- Availability
- Available
- Off Market Date
- 2022-08-24
- Closed Date
- 2022-09-26
- Sales Close Price
- 2800000
- Contingency
- None
- Owner is an Agent?
- No
Location Tax and Other Information
- House Number
- 421
- Street Name
- Wabasha
- Street Suffix
- Street
- Street Direction Suffix
- N
- Postal City
- Saint Paul
- County
- Ramsey
- State
- MN
- Zip Code
- 55102
- Complex/Dev/Subdivision
- City Of St Paul
Building Information
- Building Finished SqFt
- 56000
- Building SqFt
- 56000
Lease Details
- Land Leased
- Not Applicable
- Lease Amount Type
- Monthly
- Lease Expiration Date
- 2022-12-31
- Monthly Land Lease Amt
- 0
- Triple Net
- Yes
More Information
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 22
- Section#
- 06
- Township#
- 28
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- 3
Office/Member Info
- Association
- WWRA
- MLSID
- RMLS
Location, Tax and Other Information
- Legal Description
- NWLY 2/3 OF LOTS 1 2 AND LOT 3 BLK 7
- Listing City
- Saint Paul
- Map Page
- 108
- Rental License?
- No
- School District
- St. Paul
- Map Coordinate Source
- RETS
- Zip Plus 4
- 1108
- Property ID Number
- 062822120024
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- Not disclosed
Directions & Remarks
- Public Remarks
- 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.
- Directions
- In downtown Saint Paul, take 7th Street to Cedar, go south on cedar to 4th Street and go right. At Wabasha, go right and the property will be on your left.
Accessible
- Accessible Elevator Installed
- Yes
Air Conditioning
- Central Air
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
- Metal
- Yes
Financing Terms
- Other
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
- Hot Water
- Yes
Parking Characteristics
- More Parking Offsite for Fee
- Yes
Sewer
- City Sewer - In Street
- Yes
Water
- City Water - In Street
- Yes
On Site Utilities
- None Available
- Yes
CMU Style
- Office
- Yes
- Retail/Shopping Center
- Yes
Current Use
- Office
- Yes
- Vacant
- Yes
Listing Office:
The Terrace Group
Last Updated: August - 07 - 2025
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