$639,900

Vacant lot zoned RM2 (multi-family residential). Located on the NW corner of the intersection of Juno & Cleveland Ave’s & 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. RM2 zoning also allows many commercial uses, which are prevalent along the Cleveland Ave, heading south to Highland Village. Transit: on bus lines 87 & 74 which travels to both DT St Paul & DT Mpls. Property is a unique combination of location, zoning, & accessibility.