St. Paul, MN Commercial Real Estate for Lease and Sale

Explore 159 listings of St. Paul commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

443 Wall Street

443 Wall Street, Downtown St. Paul, St. Paul, MN
Property

Industrial

7,228 SF
Year Built

1909
For Sale

Negotiable
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19,634 SF Stand-Alone Building in St. Paul

829 Vandalia St, Saint Anthony Park, Saint Paul, MN
Property

Industrial
Availability

1 Space

19,634 SF
For Lease Contact for pricing
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235 East Maryland Avenue

235 East Maryland Avenue, North End St. Paul, St. Paul, MN
Property

Retail

136,056 SF
Availability

1 Space

126,526 SF
Year Built

1972
For Lease Contact for pricing
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Multifamily Development Site on Western and Laurel Avenues

122 Western Ave N, Summit - University, Saint Paul, MN
Property

VacantLand
For Sale

Guide Pricing Based on 60-80 Unit Multifamily Development
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635 Fairview Avenue North

635 Fairview Avenue North, Hamline Midway, Saint Paul, MN
Property

Office

5,600 SF
Year Built

1946
For Sale

$899,000
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870 Grand Avenue

870 Grand Avenue, Summit Hill, St. Paul, MN
Property

Retail

113,818 SF
Availability

3 Spaces

18,897 SF
Year Built

1920
For Lease Contact for pricing
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UBS Plaza

444 Cedar St, Downtown St. Paul, St. Paul, MN
Property

Office

227,717 SF
Availability

11 Spaces

73,764 SF
Year Built

1980
For Lease

$11.00 - $13.00/SF/YR
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Westgate Business Center I

2561 West Territorial Road, Saint Anthony Park, St. Paul, MN
Property

Office

78,945 SF
Availability

2 Spaces

17,064 SF
Year Built

1990
For Lease Contact for pricing
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2446 University Ave W

2446 University Ave W, Saint Anthony Park, St Paul, MN
Property

Office

46,723 SF
Availability

1 Space

14,731 SF
Year Built

1929
For Lease

$19.00/SF/YR
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Highland Bridge Medical

2270 Ford Pkwy, Highland, Saint Paul, MN
Property

Office

60,000 SF
Availability

3 Spaces

7,731 SF
Year Built

2023
For Lease Contact for pricing
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Midway Mile Industrial Campus #3, #4, #5, #6, #7 & #8

692 Prior Avenue North, Hamline Midway, St. Paul, MN
Property

Industrial

249,262 SF
Availability

1 Space

4,400 SF
Year Built

1923
For Lease

$12.00/SF/YR
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Energy Park Financial Center

1360 Energy Park Drive, Como, St. Paul, MN
Property

Office

30,100 SF
Availability

5 Spaces

12,442 SF
Year Built

1987
For Lease Contact for pricing
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944 Grand Ave

944 Grand Avenue, Summit Hill, Saint Paul, MN
Property

Office

2,956 SF
Year Built

1901
For Sale

$624,900
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Northwestern

275 4th Street East, Downtown St. Paul, Saint Paul, MN
Property

Office

82,976 SF
Availability

19 Spaces

13,931 SF
Year Built

1917
For Lease

$499.00 - $2,099.00/MO
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Midway Mile Industrial Campus #10 - 429 Prior Avenue North

429 Prior Avenue North, Union Park, St. Paul, MN
Property

Industrial

217,840 SF
Availability

1 Space

140,711 SF
Year Built

1952
For Lease Contact for pricing
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Garden View Medical Building

347 Smith Avenue North, West Seventh, St. Paul, MN
Property

Office

120,227 SF
Availability

1 Space

8,096 SF
Year Built

1999
For Lease

$23.50/SF/YR
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440 Minnehaha Ave #W

440 Minnehaha Ave #W, Thomas - Dale, Saint Paul, MN
Property

Industrial

19,796 SF
Year Built

1955
For Sale Contact for pricing
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Lincoln Commons

74 Snelling Ave S, Macalester - Groveland, Saint Paul, MN
Property

Retail

4,807 SF
Availability

2 Spaces

3,675 SF
For Lease Contact for pricing
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Energy Park Place

1350-1380 Energy Lane, Como, Saint Paul, MN
Property

Office

123,577 SF
Availability

5 Spaces

35,222 SF
Year Built

1986
For Lease

$18.00/SF/YR
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625 Selby Ave

625 selby ave, Summit - University, Saint Paul, MN
Property

Mixed Use

14,486 SF
Availability

4 Spaces

5,076 SF
For Lease

$30.00/SF/YR
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Historic Hamm Building

408 St Peter St, Downtown St. Paul, St. Paul, MN
Property

Mixed Use
Availability Contact for availability
Year Built

1915
For Lease Contact for pricing
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Office Suites at The University Club of Saint Paul

420 Summit Avenue, Summit Hill, Saint Paul, MN
Property

Office

29,821 SF
Availability

1 Space

1 SF
Year Built

1913
For Lease Contact for pricing
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The Wycliff

2327 Wycliff Street, Saint Anthony Park, Saint Paul, MN
Property

Industrial

324,375 SF
Availability

12 Spaces

73,848 SF
Year Built

1894
For Lease Contact for pricing
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Bandana Square

1021 Bandana Blvd East, Como, St. Paul, MN
Property

Office

138,623 SF
Availability

2 Spaces

4,748 SF
Year Built

2008
For Lease Contact for pricing
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441 University Ave #W

441 University Ave #W, Thomas - Dale, Saint Paul, MN
Property

Retail

6,370 SF
Availability Contact for availability
Year Built

2008
For Lease Contact for pricing
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Midway Innovation Center II

2344 Energy Park Drive, Saint Anthony Park, St. Paul, MN
Property

Office

59,880 SF
Availability

3 Spaces

60,171 SF
Year Built

2007
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The St. Paul commercial real estate market incorporates 6,305,211 square feet of office space across 81 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The St. Paul commercial real estate market includes 2,152,495 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the St. Paul market, there is a total of 3,150,254 square feet of industrial property.

The listing inventory in St. Paul incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in St. Paul is represented by Office space, which accounts for 1,544,298 square feet of available listings. Industrial space available in St. Paul adds up to 1,140,390 square feet.

Meanwhile, most of the listings of commercial property for sale in St. Paul are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in St. Paul is $17.79 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in St. Paul can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in St. Paul, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in St. Paul is in the Downtown St. Paul neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown St. Paul area.

Meanwhile, retail space opportunities are most abundant in the Summit Hill submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Saint Anthony Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot. In particular, the property type commanding the highest lease rates in St. Paul was Office space.

Conversely, the highest sale price last year was $4,450,000 that is located at 1515 Central Pkwy.

The average size of a commercial property in St. Paul depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In St. Paul, the average size of an office property is 98,519 square feet.
Retail properties here incorporate an average of 51,250 square feet.
Industrial space in St. Paul is in buildings that are, on average 165,803 square feet in size.

St. Paul, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in St. Paul currently add up to 3,446,991 square feet. The market offers 65 active office listing(s), which amount to 1,544,298 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 547,960 square feet across 37 retail space(s). Industrial space for rent opportunities in St. Paul amount to 1,140,390 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	65	1,544,298
Retail	37	547,960
Industrial	23	1,140,390
Other	5	214,343

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in St. Paul, MN. Currently, there is 589,564 square feet of commercial property for sale here , which includes 14 office building(s) for sale , 6 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	14	283,957
Retail	6	56,268
Industrial	4	75,308
Other	7	174,031

St. Paul, MN Commercial Real Estate for Lease and Sale

443 Wall Street

19,634 SF Stand-Alone Building in St. Paul

235 East Maryland Avenue

Multifamily Development Site on Western and Laurel Avenues

635 Fairview Avenue North

870 Grand Avenue

UBS Plaza

Westgate Business Center I

2446 University Ave W

Highland Bridge Medical

Midway Mile Industrial Campus #3, #4, #5, #6, #7 & #8

Energy Park Financial Center

944 Grand Ave

Northwestern

Midway Mile Industrial Campus #10 - 429 Prior Avenue North

Garden View Medical Building

440 Minnehaha Ave #W

Lincoln Commons

Energy Park Place

625 Selby Ave

Historic Hamm Building

Office Suites at The University Club of Saint Paul

The Wycliff

Bandana Square

441 University Ave #W

Midway Innovation Center II

Frequently Asked Questions

St. Paul, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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St. Paul, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in St. Paul, MN?

What factors affect the price of commercial real estate in St. Paul, MN?

What is the average rent for commercial space in St. Paul, MN?

What are the best areas for commercial real estate in St. Paul, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in St. Paul, MN?

St. Paul, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us