345 Wabasha Street North
Spaces
For Lease | Former Grey Duck Tavern Space | Downtown St. Paul
Building description
SVN | Northco is pleased to present for lease, as exclusive advisor to ownership, a premiere second-generation restaurant leasing opportunity at 345 Wabasha Street North, a landmark mixed-use property in the heart of Downtown Saint Paul ("Property"). Formerly the renowned Lowry Hotel, the Property has been thoughtfully repositioned as a multifamily community while preserving premier street-level restaurant and second floor office opportunities along one of downtown's most recognizable commercial corridors.
Situated at the intersection of Wabasha Street and 4th Street, the Property is surrounded by many of Saint Paul's most prominent destinations, including Rice Park, Grand Casino Arena, the Ordway Center for the Performing Arts, the Saint Paul RiverCentre, Landmark Center, and numerous hotels, office buildings, and government institutions. The Property benefits from a built-in customer base of downtown employees, residents, visitors, event-goers, and in-building residents, while offering convenient access to Interstate 94, Interstate 35E, Metro Transit, the Metro Green Line, and multiple public parking facilities.
Originally constructed in 1911, the historic Lowry Hotel has played a significant role in Saint Paul's architectural and commercial history for more than a century. Today, the Property blends historic character with modern urban living, creating an exceptional opportunity for businesses to establish themselves within one of downtown's most recognizable buildings.
Building highlights
• Percentage Rent is Possible
• Prime Downtown Saint Paul Location: Highly visible corner location along Wabasha Street in the heart of the CBD with exceptional pedestrian and vehicular exposure.
• ±3,958 SF Second-Generation Restaurant Opportunity: Former home of the Grey Duck Tavern (closed in 2024), offering an opportunity to reposition an established restaurant space with existing infrastructure. Also includes lower level storage and prep space which is not factored in to the overall square footage.
• Historic Landmark Property: Located within the iconic former Lowry Hotel, blending timeless architectural character with modern residential and commercial uses.
• Built-In Customer Base: Benefit from an on-site multifamily community, nearby office workers, downtown residents, hotel guests, government employees, and year-round visitors.
• Surrounded by Major Demand Drivers: Within walking distance of Rice Park, Grand Casino Arena, the Ordway Center for the Performing Arts, Saint Paul RiverCentre, Landmark Center, and numerous hotels and office buildings.
• Excellent Accessibility: Convenient access to Interstate 94, Interstate 35E, Metro Transit, the Metro Green Line, and multiple public parking ramps and surface lots.
• Prominent Signage & Storefront Presence: Excellent branding opportunities with large storefront windows and prominent exposure along one of downtown Saint Paul's busiest commercial corridors.
• Listing Website: https://www.northco.com/properties/1667166-lease
Listing Contacts
Property History
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