507 Cleveland Avenue S, St Paul, MN

$534,900

0.20

Acres

About 507 Cleveland Avenue S

This area has some of the most commercial and residential development in the Metro area for good reason. Property is a unique combination of location, zoning, & accessibility. Vacant lot zoned RM2 (multi-family residential, also allows for commercial uses). Location: NW corner of the intersection of Juno & Cleveland & sits 200 ft from the stoplight intersection of Randolph & Cleveland Ave’s. Parcel sits directly across the street from St Catherine's University & exactly 1.04 miles from the University of St Thomas campus. This .2 acre site measures 8,580 sq ft & includes 60+ ft of frontage on Cleveland Ave. A 4-story building is allowed by right & an architect produced fit plan with up to a 36-unit building (studio & 1 bedroom units). RM2 zoning was amended in 2021 to remove all parking requirements. Building height can be increased up to 75 ft by obtaining a Conditional Use Permit (CUP) from the City of St Paul. On bus lines that travel to both DT St Paul & DT Mpls.

Features of 507 Cleveland Avenue S

MLS® # 6418927
Price $534,900
Acres 0.20
Type Land
Status Active
Contingency Type None

Community Information

Address 507 Cleveland Avenue S
Area Highland
Subdivision Knapheide Add
City St Paul
County Ramsey
State MN
Zip Code 55116

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Cleared

School Information

District St. Paul

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $3,206
Tax Year 2022
Office Wickiser Real Estate Group, Inc.

Listing Details

OfficeWickiser Real Estate Group, Inc.

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