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Listed by Greg Follmer Greg Follmer Commercial Real Estate
$1,595,000
Est. payment /mo
37,633 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 37,633 sqft
Price per Sqft $42
MLS Listing ID LSA6123516
HOA Y/N No
Year Built 1910
Annual Tax Amount $20,000
Tax Year 2026
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100x140
Property Sub-Type Mixed Use
Source lsar
Property Description
Built in 1910 by Otis Elevator Co., the original building was divided into retail space between Anderson Furniture and Lion's Drug. As Anderson Furniture grew, it took over the entire space and operated there for over 100 years. With most of the interior demo completed, this property is just waiting to be brought back to life in this vibrant neighborhood. Perfectly suited for housing/hotel on the 3rd and 4th floors and a prime Superior Street retail opportunity. The current owners have demoed 99.9% of the interior, installed a new roof, exposed the brick walls, and upgraded the fire suppression system. This one is ready for redevelopment. This building comes with eight indoor spaces and four outdoor spaces. Additionally, there are 45 parking spaces across the street available for monthly rental. 85+ free spaces walking distance away, as well as ample metered parking.
Location
State MN
County St. Louis County
Area Lsar
Direction W Superior St
Rooms
Basement Full
Interior
Heating Steam, Natural Gas
Inclusions Building, Land
Exterior
View Y/N No
Roof Type Flat
Garage No
Building
Sewer Public Sewer
Water City
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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