Office Properties in St. Paul for sale offer a unique investment opportunity in a city that boasts a strong focus on education, with numerous higher education institutions and a diverse public school district. As a regional business center, St. Paul attracts a range of industries, including private service providing-related jobs, chemical and cleaning product manufacturing, financial services, and city development projects. Office Properties in St. Paul can represent a variety of investments, from Class A office buildings to smaller, more boutique spaces. With amenities like the Xcel Energy Center, CHS Field, and the St. Paul Curling Club, St. Paul is an attractive location for businesses and employees alike. The city's infrastructure, including the Saint Paul Public Schools district, Metropolitan State University, and the Minneapolis–Saint Paul International Airport, makes it an ideal location for Office Properties. Additionally, St. Paul's geography, with its steep river bluffs and dramatic palisades, provides a unique and attractive setting for businesses and residents.
With 22 Office Properties for sale in St. Paul, investors have a range of options to choose from. The average price per square foot is $188 USD, and the average size is 554,102 square feet, with some properties reaching up to 2,573,837 square feet. In addition to Office Properties, St. Paul also offers a range of other commercial property types, including Commercial Real Estate, which can provide a steady stream of income through rental properties; Apartment Buildings, which offer a unique opportunity for investors to capitalize on the city's growing population; Shopping Centers, which provide a hub for local businesses and residents; and Hotels, which cater to the city's many visitors. With its strong economy, rich history, and diverse range of amenities, St. Paul is an attractive location for businesses and investors alike.
What is the average price per square foot for office properties in St. Paul?
The average price per square foot for office properties in St. Paul is $188 USD per square foot, with available listings totaling 22 and an average size of 554,102 square feet.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties in St. Paul, it's essential to understand the classification system, which categorizes properties based on factors like age, condition, and amenities, to help you find the right fit for your business needs.
- Class A office properties are typically modern, high-rise buildings with top-notch amenities, prime locations, and high-quality finishes, often attracting large corporations and professional firms.
- Class B office properties are older, yet still well-maintained, with functional layouts and adequate amenities, suitable for smaller businesses, startups, and entrepreneurs.
- Class C office properties are older, often requiring renovation, with limited amenities, and are generally more affordable, making them a good option for budget-conscious businesses or those looking for a fixer-upper.
