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$395,000

  • For Sale
  • Active
  • Commercial
  • 5,279 Sq. Ft.
  • 3,165 Acres
  • Updated 8 days ago
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Prime corner commercial opportunity in St. Paul! This one-story office building is ideally located at the intersection of Smith Avenue and Baker Street, offering excellent visibility and high traffic exposure with convenient access to Downtown St. Paul. Zoned B2 for small business use (under 10,000 SF), the property presents a versatile opportunity for a variety of commercial uses. The building offers approximately 5,279 total square feet, including 2,592 square feet on the main level and 2,687 square feet in the lower level. Currently configured as two separate office suites, the property provides flexibility for owner-users, investors, or future redevelopment. The left suite, occupied by a long-standing St. Paul insurance company, features approximately 1,400 finished square feet, including separate restrooms, a utility room, storage space, and direct access to a loading area. The right suite, most recently leased to a computer repair business, offers approximately 1,000 finished square feet. The full lower level is currently utilized for storage, adding additional functional space and potential. Both suites are expected to be vacant by May 2026, creating a prime opportunity for occupancy or repositioning. Situated on a 3,165 square foot lot in a highly visible location, this property offers strong potential for an owner-operator, investor, or developer. See MLS supplements for detailed floor plans.

Full Property Details for 640 Smith Ave S

General

  • Price: $395,000
  • Taxes: $8,296 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7052542
  • Updated: 4/27/2026
  • Added to Site: 22 day(s) ago

Interior

  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3

Additional Information

  • Amenities: City View

Parking

  • Parking Features: Concrete, On-Street Parking Only

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Princes Rearrangement Etc
  • Neighborhood: 104
  • Driving Directions: Annapolis Street to Smith Avenue, go North on Smith to property on the corner of Smith and Baker

School Information

  • School District: 625 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (In-Street)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Full, Partially Finished, Shared Access, Storage Space
  • Foundation Size: 2600
  • Roof: Age Over 8 Years, Flat
  • Ceiling Height: 8-10
  • Disability Access: Doors 36"+, Grab Bars In Bathroom, Door Lever Handles
  • Square Feet: 5,279
  • Finished Down/Base.: 5,279 Sq. Ft.
  • Current Bldg. Use: Professional/Office, Commercial, Office, Professional Service
  • Year Built: 1911

Lot Features

  • Lot Size (Acres): 3,165
  • Lot Dimensions: 50 x 63 x 50 x 63
  • Frontage: City Street
  • Potential Use: Office, Other, Professional Service
  • Zoning: Business/Commercial
  • Lot Description: Public Transit (w/in 6 blks), Corner Lot

Financial Considerations

  • Tax Amount: $8,296
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: PRINCES REARRANGEMENT ETC W 63 3/1O FT OF LOTS 15 AND LOT 16 BLK 20
  • Inclusions: Building
  • Property ID: 72822320003

Listed by RE/MAX Results

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— 640 Smith Ave S —

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Schools serving 640 Smith Ave S

School District:St. Paul Public School District
NameGradesDistance
Cherokee Heights Elementary School
694 South Charlton Street, Saint Paul, MN 55107
PK-50.3 mi
Humboldt Secondary School
30 Baker Street East, Saint Paul, MN 55107
6-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 640 Smith Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$395,000
184.68%
MLS
3/31/2002
Sold
$138,750
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 640 Smith Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,926
—
$276,100
-4%
2024
$7,926
29%
$287,200
-1%
2023
$6,142
-7%
$289,300
30%
2021
$6,610
8%
$222,900
-2%
2023
$6,142
-7%
$228,400
4%
2021
$6,610
-1%
$220,400
5%
2020
$6,672
-1%
$209,200
—
2019
$6,708
3%
$209,200
—
2018
$6,514
-3%
$208,400
22%
2017
$6,692
1%
$170,400
3%
2016
$6,654
6%
$165,600
8%
2015
$6,298
-8%
$153,400
-5%
2014
$6,858
—
$161,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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640 Smith Avenue S, Saint Paul, MN 55107 (MLS# 7052542) is a Commercial property. 640 Smith Avenue S is currently listed for $395,000 and was received on April 13, 2026. Want to learn more about 640 Smith Avenue S? Do you have questions about finding other Commercial real estate for sale in Saint Paul? You can browse all Saint Paul real estate or contact a Coldwell Banker agent to request more information.

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