Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Janet Moore.

Iconic St. Paul post office for sale

Posted by: Janet Moore Updated: November 28, 2012 - 11:12 AM

 

 

The U.S. Postal Service has retained CBRE to market and sell the historic post office building in downtown St. Paul. The asking price is $5 million. 

Located at 180 Kellogg Boulevard, the Eugene McCarthy Post Office spans 750,000 square feet, and was built in phases in 1933 and 1966. This property sits on the Mississippi riverfront and CBRE officials say it offers tremendous redevelopment opportunity. A previous sale set for this fall has fallen through.

Joseph Hughes and Jerry Driessen of CBRE Minneapolis/St. Paul are representing the Postal Service in the sale. Offers for the property are due Jan. 15, 2013

More information can be found here.

Janet Moore covers commercial real estate for the Star Tribune.

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