507 Cleveland Avenue S, Saint Paul, MN

$450,000

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0.20

Acres

About 507 Cleveland Avenue S

Great development potential. Property is a unique combination of location, zoning, & accessibility. Vacant lot zoned RM2 (multi-family residential). 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® # 6648887
Price $450,000
Bathrooms 0.00
Acres 0.20
Type Land
Status Active

Community Information

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

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Cleared

School Information

District St. Paul

Additional Information

Days on Market 150
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $2,920
Tax Year 2024

Listing Details

OfficeWickiser Real Estate Group, Inc.

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