Desirable Retail/Office Building on Grand Avenue Listing Details & Market Data

The Property is ideally located on Grand Avenue two blocks west of Dale Street and six blocks east of Lexington Parkway. Grand Avenue is the premiere commercial corridor in the City and is often referred to as "The Heart of Saint Paul", offering a mix of commercial, residential, and entertainment options. Grand Avenue is lined with beautiful historic homes, boutique shops, art galleries, bookstores, and a variety of dining establishments, including cafes, pubs, and fine dining restaurants. Grand Avenue is also home to the annual Grand Old Day festival, which is one of the largest one-day festivals in the Midwest, featuring music, food, and family-friendly activities (brought back after a several year hiatus in 2023). The Property is adjacent to a Re/Max Results real estate office and to Grand Ole Creamery, which has been one of the city's most popular ice cream establishments for decades. It draws hundreds of people a day in the warm months, which gives the subject property great visibility. The Property is also located across Grotto Street from Walgreens, and Caribou Coffee, Punch Pizza, and Brasa Rotisserie are located on the same block (across Grand Avenue).SVN | Northco is pleased to serve as the exclusive advisor to ownership for the sale of 740-742 Grand Avenue, Saint Paul, MN, a ±7,927 square foot retail/office building prominently located on the bustling commercial corridor of Grand Avenue and Grotto Street ("Property"). The Property is currently ±60% leased (±4,200 SF) to Nothing But Hemp, dba Nothing But Canna, the largest low dose hemp supplier of THC in Minnesota, through October, 2027. The other ±40% (±2,800 SF) of the building is currently vacant and was formerly occupied by Authentic Construction; it is built out as office space that could be occupied by an owner/user or leased for additional income. This space could also be converted to a retail use, as well.SVN | Northco is pleased to offer for lease 740 Grand Avenue in Saint Paul, Minnesota ("Property"). The Property is located on one of the most sought after commercial corridors in the Twin Cities, Grand Avenue. There are numerous restaurants and retailers within a couple of blocks of the Property, many of which are some of the most acclaimed establishments in the Twin Cities. Walgreens is also located across the street.