Jennings Community School

Private School
Pending

2455 University Ave W, St PaulMN 55114

Property Details

Location

Address
2455 University Ave W, St PaulMN 55114
County
Ramsey
Submarket
MN - Northeast
In Opportunity Zone
Yes

Building Size

Building Size
9,898 SF

Building Details

Type
 Private School  
 Pending
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1939
Sprinklers
Primary Const.
Brick
Total Parking
26
Parking Ratio

Land & Utilities

Land (Acres)
0.51 Acres
Land (SF)
22,216 SF
Zoning
T3
Lot Depth
Lot Width

Contacts

Current Listings

Value-Add Portfolio @ the Midway

9,898 SF$1,050,000
Newmark

The Jennings Building is a 9,898 square foot, 100% occupied single tenant building which fronts University Avenue with ample on-site parking in a parking constrained urban location. The Property has immediate access to the light rail system. The tenant, Jennings Community School, has been at the Property since 2007 and has a lease through July 2024, with no additional renewal options. The Property represents an ideal investment for a local buyer seeking near-term cash flow while thinking through future repurposing possibilities.

Newmark

The Jennings Building is a 9,898 square foot, 100% occupied single tenant building which fronts University Avenue with ample on-site parking in a parking constrained urban location. The Property has immediate access to the light rail system. The tenant, Jennings Community School, has been at the Property since 2007 and has a lease through July 2024, with no additional renewal options. The Property represents an ideal investment for a local buyer seeking near-term cash flow while thinking through future repurposing possibilities.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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