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.
Listed by: Wickiser Real Estate Group, Inc.
TALK WITH AN AGENT & SCHEDULE A SHOWING
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
