Prime Transit-Oriented Redevelopment Assembly – St. Paul’s Vibrant Green Line Corridor!Seize this exceptional investment and development opportunity: six contiguous parcels (PID#s: 332923420006, 332923420008, 332923420009, 332923420010, 332923420011, 332923420012) totaling 0.46 acres or 20,038 sq feet of land, strategically located along the high-demand Green Line Light Rail corridor in the heart of St. Paul’s Midway district.Zoned T3+ for flexible, high-density, mixed-use development, this site offers maximum versatility for transit-oriented projects—ideal for multifamily residential, commercial/retail, office, or innovative live-work concepts with strong pedestrian and transit connectivity.The property sits in one of the city's hottest redevelopment hubs, just steps from:Allianz Field (home of Minnesota United FC) Fairview Ave and Penn Ave Green Line stations University of Minnesota campus The bustling Midway neighborhood All key amenities and employment centers are within easy reach—often under a mile—making this an unbeatable location for future growth and value appreciation.Current income-producing configuration includes: 2 small mixed-use commercial buildings 1 duplex 1 single-family home Plus an on-site parking lot Strong monthly rental income (totaling $7,250):$1,800 – 1744 University Ave (single-family home) $2,250 – 1738 University Ave (duplex, both units combined) $950 – 471 Herschel (Upper unit apartment space) $1,250 – 1728 University Ave (Lower unit Commercial unit) $1,000 – 1730 University Ave (upper residential unit) (Note: Lower commercial unit at 1730 University Ave is currently vacant) This is a rare chance to acquire a turnkey cash-flowing asset with tremendous upside through redevelopment in a rapidly evolving, transit-rich area. Perfect for developers, investors, or visionaries ready to transform this site into something extraordinary.Don't miss this electrifying opportunity—contact me today to explore the possibilities!
Listing courtesy of eXp Realty.
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