3340 Sherman Court, Saint Paul, MN 55121 (MLS# 7011818)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 41
Owner Occupied: No
Waterfront Present: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4096
For Sale or Lease: For Sale
Acres: 1.14
Lot Dimensions: Irregular
Garage Stalls: 0

Property Features

Accessible: Doors 36"+; Fully Wheelchair; Hallways 42"+; Wheelchair Ramp Air Conditioning: Central Air CMU Style: Freestanding; Low Rise; Office Construction Status: Previously Owned Current Use: Commercial; Office; Professional Service Exterior: Brick/Stone; Stucco Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air; Zoned On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Paved Lot Potential Use: Income; Office; Professional Sewer: City Sewer/Connected Stories: Two Water: City Water - In Street

Contract Information

Contingency: None
ListPrice: 2275000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3340
Street Name: Sherman
Street Suffix: Court
Postal City: Saint Paul
County: Dakota
State: MN
Zip Code: 55121
Complex/Dev/Subdivision: Birchwood Office Park

Assessments

Tax With Assessments: 35260
Assessment Balance: 0

Building Information

Building Finished SqFt: 8192
Building SqFt: 8192

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 10
Township#: 27

Sale Options

Sale Includes: Building, Leases

Unit 1

Unit Number: Yes
Level: Main Level
Unit Total SqFt: 5735
Leased?: Yes
Lease Expiration Date: 2029-11-08

Unit 2

Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: 2

Unit 3

Lease Expiration Date: 2026-01-22
Leased?: Yes
Level: Main Level
Unit Number: 3

Unit Details

Total Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BIRCHWOOD OFFICE PARK 6 1 LOT 6 BLK 1 & INTEREST ATTRIBUTABLE TO COMMON AREA KNOWN AS LOT 1 BLK 1
Listing City: Eagan
Map Page: 135
Municipality: Eagan
School District: West St. Paul-Mendota Hts.-Eagan
School District Phone: 651-403-7002
Zip Plus 4: 1731
Property ID Number: 101422501060
Tax Year: 2025
Tax Amount: 35260
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Well-maintained medical / professional office building offering a 7.8% in-place cap rate with stable income, long-term anchor tenancy, and upside potential. Located in Eagan with excellent access to I-35E, strong visibility, and ample on-site parking. The property is 100% occupied by three tenants, anchored by Smile Doctors (dba Lakeside Orthodontics) on the upper level. Lower-level tenants include EveresT Men’s Health and a Farmers Insurance agent, providing near-term flexibility for renewal or re-tenanting. An attractive opportunity for investors seeking medical office exposure with in-place cash flow, expense protection, and value-add potential.
Directions: Yankee Doodle to Pilot Knob. North on Pilot Knob to Marice Dr. East on Marice Dr. to Sherman Ct. South on Sherman Ct. to building.

Accessible

Doors 36"+: Yes
Fully Wheelchair: Yes
Hallways 42"+: Yes
Wheelchair Ramp: Yes

Air Conditioning

Central Air: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Foundation

8 ft+ Pour: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
Zoned: Yes

Parking Characteristics

Garage Dimensions: No
Parking Lot: Yes
Paved Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water - In Street: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Freestanding: Yes
Low Rise: Yes
Office: Yes

Current Use

Commercial: Yes
Office: Yes
Professional Service: Yes

Potential Use

Income: Yes
Office: Yes
Professional: Yes