1959 Shawnee Road, Saint Paul, MN 55122 (MLS# 7077144)

1959 Shawnee Road, Saint Paul, MN 55122

$1
Property Type: Commercial Square Footage: 60,000 Lot Size (sq. ft.): 186,437 Status: Active
Current Price: $1 List Date: 5/19/2026 Last Modified: 10/02/2026

Overview

Description

Positioned in the heart of Eagan’s vibrant industrial corridor, 1959 Shawnee Road presents a prime opportunity to acquire a well-maintained, multi-tenant flex/industrial property with a strong history of occupancy and reliable cash flow. The property totals approximately 60,000 SF across two buildings on 4.28 acres, offering a mix of office, warehouse, and light manufacturing space to accommodate a wide range of business operations. It is 100% leased to19 tenants across diverse industries, supported by flexible I-1 zoning, ample parking, and excellent access to I-35E, I-494, and Highway 13. With its proven rental history, strategic location near major highways and MSP Airport, and stable tenant base, 1959 Shawnee Road represents a solid long-term investment in one of Eagan’s most active industrial areas. Additionally, there is significant potential to raise rents to market levels, providing an attractive opportunity to increase income and enhance overall returns.

Listing Details MLS# 7077144

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1972
Yearly/Seasonal
Yearly
Zoning
Industrial
Foundation Size
60000
For Sale or Lease
For Sale
Acres
4.28
Lot Dimensions
x
Assessment Pending
No

Property Features

Accessible: Other Assumable Loan: Not Assumable CMU Style: Industrial; Other Construction Status: Previously Owned Current Use: Business Service; Commercial; Industrial; Office; Professional Service; Warehouse; Wholesale Exterior: Other Foundation: Other Fuel: Other Heating: Other Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Potential Use: Industrial; Office; Warehouse Sewer: Other Water: Other

Contract Information

Contingency
None
ListPrice
Yes
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1959
Street Name
Shawnee
Street Suffix
Road
Postal City
Saint Paul
County
Dakota
State
MN
Zip Code
55122
Complex/Dev/Subdivision
Cedar Indust Park

Assessments

Tax With Assessments
118312

Building Information

Building Finished SqFt
60000
Building SqFt
60000
Ceiling Height
11-15

More Information

Income and Expenses

Annual Gross Expenses
279947
Annual Gross Income
695864
Annual Net Income
415915
Total Annual Expenses
279947

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
17
Township#
27

Sale Options

Sale Includes
Building, Land, Leases

Unit Details

Total Units
19
IDX
Listing Office: Keller Williams Integrity Realty
Last Updated: October - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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