The Fitz Flats, a unique trophy mixed-use asset in Downtown St. Paul, is now offered for sale—an exceptional opportunity to own a piece of history.
Originally built in 1890 by developer Thomas Fitzpatrick, this four-story Victorian Queen Anne building underwent a full-scale renovation in 2022, where every inch was meticulously restored. The property features high-end apartment units/ amenities, and a long term leased commercial space.
33 Fully Renovated Units:
Every inch of the property has been meticulously renovated
No RUBS in place, ability to increase NOI
Mix of studios and one bedrooms
Commercial Lease Info:
Secure long-term lease in place until 2028 with renewal options
4% minimum annual rent escalations
Well-established thriving bridal tenant
Modified Gross lease with Double-Net (NN) characteristics
For Pricing Guidance, Financials, & to set up a tour please contact Listing Team.