Mixed Use Office Building For Sale
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843 Rice Street
St. Paul, MN 55117
RE/MAX Results Commercial is pleased to present:
Mixed Use Office Building
For Sale
Mark Hulsey
651.256.7404
Mark@ResultsCommercial.com
Daniel Ward II
612.807.7710
Daniel@ResultsCommercial.com
843 Rice Street
St. Paul, Minnesota 55117
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Property Description:
Asking Price: $ 234,999
Currently owned and operated by SPARC Community Development Corporation Inc.
RE/MAX RESULTS COMMERCIAL is offering for sale this turn-key mixed use office building located at 843 Rice
Street; St. Paul, MN 55117. Asking price is for the building, land and an extra lot at 165 Atwater. This turnkey
building can provide an owner multiple income opportunities by leasing the existing office space on the first
and lower level separately or together.
The first floor features a spacious open floor plan flooded with natural light, a reception area surrounded by
tall windows and volumes of built-in storage. A private office is tucked away behind French doors, built-in
work stations are plentiful with a private conference room/kitchenette to finish off this bright and airy first
floor space. The lower level is beautifully finished with exposed wood beams and exposed floor joists, metal,
concrete, and natural stone materials. This lower level office area features two private offices, a reception
area, conference area and plenty of walk-in storage.
The building also has a lovely spacious two bedroom apartment on the 2nd floor that features original
hardwood floors, wood trim, and a remodeled kitchen and bath. The building has additional unfinished space
and a one car garage currently being used as storage which could be converted for future expansion.
This mixed use office building is complete with 92% efficiency HVAC units, a phone & computer networking
system, upgraded electrical wiring, modern energy efficient lighting and private entrances for all residential or
commercial tenants.
This affordably priced building has 9 conveniently located off street parking spaces in an adjacent private lot.
An additional vacant lot is also included with this sale that was acquired for additional parking.
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
This property is currently zoned as Traditional neighborhood (TN2) and is located ¼ mile west of HWY 35-E and
less than 2 miles north of I-94. The TN2 traditional neighborhood district is designed for use in existing or
potential pedestrian and transit nodes. Its intent is to foster and support compact, pedestrian-oriented
commercial and residential development that, in turn, can support and increase transit usage. It encourages,
but does not require, a variety of uses and housing types, with careful attention to the amount and placement
of parking and transitions to adjacent residential neighborhoods.
The property has a tremendous amount of future income potential by converting the first floor expansion
space and one car garage to leasable retail square footage. Built in 1922, the structure is in fabulous condition
and shows very well.
The immediate area is home to several major redevelopment project s that include new curb, gutter &
sidewalk improvements, installation of new street lamps and banners, façade improvements of several store
fronts, and the construction of a $ 13 million dollar mixed use development that received recognition for
having the first green roof of its kind in the state.
During the next few years several other major improvement projects are planned in this area including the
construction of a light rail station at University & Rice along this transit corridor.
RE/MAX RESULTS COMMERCIAL appreciates your consideration and invites you to tour this space at your
earliest convenience. Please do not hesitate to contact our offices for additional information or to set up a
private showing.
Contact: Mark Hulsey Daniel Ward II
Managing Broker Commercial Sales
651.256.7404 Mobile 612.807.7710 Mobile
Mark@ResultsCommercial.com Daniel@ResultsCommercial.com
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Property Features:
Year Built: 1922 Asking Price: $ 234,999
Bldg Finished SF: 4,316 SF Price/SF: $ 54.45
Foundation Size: 1,716 SF Property Type: Mixed-Use Office
Site Size: 0 .17+ Acres Exterior: Brick/Concrete- Masonry
Lot Dimensions: 78 x 98.75 Property ID: 25.29.234.10.266
Extra Lot Dimensions: 40 x 76.23 Property ID: 25.29.234.10.144
Property Taxes: $ 2,508 Heat: Forced Air (2 units)
Parking Spaces: ( 9 ) On-site Fuel: Natural Gas
Sale includes: Building/Land Air Conditioning: Central (1 wall unit)
Zoning: TN2 Traditional Neighborhood* Roof: Flat with drains (2002)
Overhead Doors: 1 with street access Power: 120 Volt single phase
Construction Style: Brick/Masonry Exterior, Wood frame interior support walls
*TN-2 Zoning: The TN2 traditional neighborhood district is designed for use in existing or potential pedestrian and
transit nodes. Its intent is to foster and support compact, pedestrian-oriented commercial and residential development
that, in turn, can support and increase transit usage. It encourages, but does not require, a variety of uses and housing
types, with careful attention to the amount and placement of parking and transitions to adjacent residential
neighborhoods.
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Z oning Ordinance:
2008 City of Saint Paul
SUMMARY OF USES ALLOWED IN SAINT PAUL ZONING DISTRICTS
Chapter 66. Zoning Code--Zoning District Uses, Density and Dimensional Standards
ARTICLE I. 66.100. GENERAL PROVISIONS
Sec. 66.101. Use tables.
Use tables in this chapter list permitted and conditional uses in the primary underlying zoning districts, and
note applicable development standards and conditions.
(a) Permitted uses. Uses specified with a "P" are permitted in the district or districts where designated,
provided that the use complies with all other applicable provisions of this ordinance.
(b) Conditional uses. Uses specified with a "C" are allowed as a conditional use in the district or districts
where designated, provided that the use complies with all other applicable provisions of this ordinance.
Persons wishing to establish, change, or expand a conditional use shall obtain a permit for such use as
specified in chapter 61.
(c) Prohibited uses. Any use not listed as either "P" (permitted) or "C" (conditional) in a particular district, or
any use not determined by the planning commission to be substantially similar to a listed permitted or
conditional use, shall be prohibited in that district.
(d) Development standards. Permitted and conditional uses specified with a "" in the development standards
column shall be subject to the specific standards and conditions of chapter 65, land use definitions and
development standards, in addition to all other applicable provisions of this ordinance.
(e) Combination of uses. Any permitted or conditional uses may be combined on a parcel or within a
building, provided that all uses meet all other applicable provisions of this ordinance, including any specific
development standards.
ARTICLE III. 66.300. TRADITIONAL NEIGHBORHOOD DISTRICTS
Division 1. 66.310. Intent
Sec. 66.311. General intent, TN traditional neighborhood districts.
TN traditional neighborhood districts are intended to foster the development and growth of compact,
pedestrian-oriented urban villages. All three (3) districts are intended to encourage a compatible mix of
commercial and residential uses within buildings, sites and blocks; new development in proximity to major
transit streets and corridors; and additional choices in housing.
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Sec. 66.313. Intent, TN2 traditional neighborhood district.
The TN2 traditional neighborhood district is designed for use in existing or potential pedestrian and transit
nodes. Its intent is to foster and support compact, pedestrian-oriented commercial and residential
development that, in turn, can support and increase transit usage. It encourages, but does not require, a
variety of uses and housing types, with careful attention to the amount and placement of parking and
transitions to adjacent residential neighborhoods.
Division 2. 66.320. Principal Uses in Traditional Neighborhood Districts
Sec. 66.321. Principal uses.
Table 66.321, principal uses in traditional neighborhood districts, lists all permitted and conditional uses in the
TN1--TN3 traditional neighborhood districts, and notes applicable development standards and conditions.
Refer to City of St. Paul Zoning Table 66.321. Principal Uses in Traditional Neighborhood Districts for more
information.
TABLE INSET:
Use TN1 TN2 TN3 Development Standards
Residential Uses
Dwellings
One-family dwelling P P P
Two-family dwelling P P P
Townhouse P P P
Multiple-family dwelling P P P
Carriage house dwelling C C P
Housing for the elderly P P P
Mixed Commercial-Residential Uses
Home occupation P P P
Live-work unit P P P
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Photo Addendum:
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
843 Rice Street
St. Paul, MN 55117
Street Map
1. Extra lot at the corner of 165 Atwater
WWW.RESULTSCOMMERCIAL.COM
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,
change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX RESULTS COMMERCIAL.
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