340 Cedar Street, Saint Paul, MN 55101 - Property for Sale
Available For Sale - Specialpurpose
175,000 SF
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AVAILABILITY DETAILS
- Size
- 175,000 SF
- Price/SF
- N/A -
Contact for Info
- Listing ID
- SA484156
- Notes
- SVN | Northco is pleased to present for sale or lease the historic Saint Paul Athletic Club Building in Downtown Saint Paul, Minnesota ("Property"). This iconic Property has been an integral part of St. Paul's community and social fabric since 1917. The Property is comprised of two separate buildings: the 1917 building and a 1980 building, located in the center of the business district.
The building has many potential re-uses with additional event venues being an attractive option. In addition, the Property could be ideal for a non-profit user(s) as the current infrastructure and amenities would allow most non-profits to meet their programmatic objectives.
Pre-Pandemic, the building housed a 56-room boutique hotel (Hotel 340), a first-class health club (The SPAC), banquet operations in the original ballroom & Lobby, a partially completed roof-top banquet venue, and miscellaneous tenant office spaces. Today, banquets are still held in the ballroom, the health club has closed (although it still has much of its infrastructure), the hotel is partially occupied by a homeless shelter, and there are many re-use options for the former office/retail spaces. Construction has begun to add two new event venues.
The property is located in the Central Business District, just a few blocks from Rice Park and the Lowertown Arts District, and it is adjacent to the LRT Green Line Station (the station is on the same block).
The Owner will entertain reasonable purchase offers, lease proposals, and joint venture ideas.
- Uses
- Specialpurpose
Other Availability in this Property
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Edward Rupp, SVN | Northco
Edward Rupp, SVN | Northco
