OFFICE/RETAIL/REDEVELOPMENT the Grace Building 421 Wabasha Street North, St

FOR SALE | OFFICE/RETAIL/REDEVELOPMENT The Grace Building 421 Wabasha Street North, St. Paul, MN 55102

A price reduction of over 20% brings this gem of a building and location to under $3.5 million. Contact Us

Since 1941 the Grace Building has been situated at ERIC DUEHOLM Partner the bustling corner of 7th and Wabasha in the heart of downtown St. Paul. Once home to Shuneman’s and 651.621.2550 [email protected] Howard’s department stores, the building helped make up a vibrant retail district along the 7th Street corridor. BEN BRUNO Today, the vibrancy of the Grace Building lives on Broker overlooking the serene 7th Place pedestrian mall. 651.621.2563 [email protected] The remodeled 2,500-seat Palace Theatre opened in early 2017, complimenting Park Square Theatre and bolstering the area’s entertainment options. Across Wabasha Street, the former Macy’s building has been transformed into a state-of-the-art hockey facility for the Minnesota Wild, as well as new office and retail space. Venerable dining establishments such as Meritage, Afro Deli and The Loon Cafe continue to draw visitors to the 7th Place Mall. Office workers and leisure patrons alike can take advantage of the wide array of transit options, from the METRO Green Line just blocks away, to local and express buses. Full Property Information at: gracebldg.com FOR SALE | OFFICE / RETAIL / REDEVELOPMENT The Grace Building 421 Wabasha Street North, St. Paul, MN 55102

Property Features

• Price $4,250,000 - Now $3,450,000 ($62 / SF) • 0.34 acre downtown parcel with 100’ of frontage on Wabasha and 150’ on 7th Place Mall • Located in an Opportunity Zone • Terrazo floors • Principal Zoning B4 Central Business • Great natural light with large, operable windows • Located in the heart of Saint Paul • Easy access from I-94, I-35E and Hwy 52 • 56,000 square foot central business district building • Transit access via Green Line and bus routes • Three story (plus full lower level) mixed-use 1941-built structure • Many retail and entertainment amenities nearby

• 14,000 square foot floor plates

ERIC DUEHOLM BEN BRUNO Partner Broker Full Property Information at: 651.621.2550 651.621.2563 [email protected] [email protected] gracebldg.com FOR SALE | OFFICE / RETAIL / REDEVELOPMENT The Grace Building 421 Wabasha Street North, St. Paul, MN 55102

CHS Field - St. Paul Saints Ballpark

7th Street Mears Park

6th Street

Wabasha Street 5th Street

Food Court Food 7th Street Court

7th St. Mall

Wabasha Street

6th Street

5th Street

Rice Xcel Park Center

RESTAURANTS/BARS Afro Deli Public kitchen + bar CHS Field Amsterdam Bar & Hall Saint Dinette Fitzgerald Theater 95/100 Barrio Sakura Restaurant & Bar History Theater Walk Score Chipotle Savoy Pizza Ordway Center Dunn Bros. Starbucks Palace Theatre Erbert and Gerberts Taco Libre Roy Wilkins Auditorium Handsome Hog The Bulldog Lowertown Saint Paul RiverCentre 9.7/10 Herbie’s on the Park Xcel Energy Center Transit Score Kincaid’s RETAIL/CONVENIENCE Loon Cafe St. Paul Lunds & Byerlys HOTELS Meritage Red Sea Market DoubleTree by Hilton Mickey’s Diner Walgreens Hotel 340 Ox Cart Ale House Hyatt Place 66/100 Bike Score Pazzaluna Urban Italian ENTERTAINMENT InterContinental Pillbox Tavern Children’s Museum Saint Paul Hotel

Parking

There is ample parking with ramps and on-street parking in close proximity.

Capital City Plaza 960 spaces $141/mo

Victory Ramp 775 spaces $150/mo Lowry Ramp 187 spaces Landmark Towers $157/mo 354 spaces $186/mo

Lawson Ramp 1,075 spaces Treasure Island $180/mo Ramp 650 spaces 6th & Wabasha 154 spaces $165/mo Wells Fargo Ramp 158 spaces $209-280/mo The Grace Building

World Trade Center 1,170 spaces $165/mo

First Level - as built

Second Level - as built

Third Level - conceptual

Information is deemed reliable; however, no warranty or representation is made as to its accuracy or completeness. Property is subject to price change, prior sale or lease, and withdrawal from the market, all without notice.

ERIC DUEHOLM BEN BRUNO Partner Broker Full Property Information at: 651.621.2550 651.621.2563 [email protected] [email protected] gracebldg.com