1652 Grand Avenue, Saint Paul, MN 55105

Property Description

Excellent storefront Retail/Office space available at Grand & Snelling. For Lease is the former Avalon space & is available for the first time in over 50 over years! Surrounded by strong retail & residential, and directly next to Macalester and Patagonia! Affluent built-in customer group of students. 2,623 SF on the 1st floor with a complimentary 1,323 square feet of basement storage space for a total of 3, 947 sq. The back of the 1st floor space has a small employee restroom and kitchenette. The 1st floor space needs a full buildout. The basement is clean and ready for storage. Dedicated small parking lot in back for this space. The 1st floor is about 24' wide x 108' deep. Basement storage space is about 22' wide by 61' deep. Lease rates are charged only on the 1st floor square footage. NNN lease with base rent of $25.00/sf + CAM & Tax of about $8.51/sf. Total gross rate equal to about $33.51/sf or $7,324/month. Tenant responsible for their own separately metered gas & electric.