Minnesota weekly times. [volume] (St. Paul, Minn.) 1854-1859, 1855-01-02
REAL ESTATE.

For the sake of convenience, we have recog-
nized the artificial divisions of copper and Lower
Town." which have grown out Of the pertinacious
but for the most part, heterogeneous rivalry OF q
time, now past, and now less thought of every
day, as petty jeaousies and private interests have
succumbed to the resistless grayitation of more
integral progress.
In our review of property in the Lower Town,
we have had in view only the adjective distinction
expressed by the designations 'Upper and Lower"
and considering our city as a whole, we have re-
garded Third and St. Anthony streets as base Of
observation, (if we may flch word from military
parlance,) and St. Peters street as sort of me-
ridian, ON the East of which lies Lower Town, the
subject of our preceding notes-Uppcr Town, ly-
ing Westward of this line, will supply US with
material for a series of articles.
plateau, preternaturally level, stretching
from Cedar street, in Lower Town, and close along
the even base of the surrounding hills to Fountain
Cave, q distance of three miles, scarcely broken
by an undulation-it is on this pretty plain,
rests the West wing Of St. Paul.
St. Anthony street though, in business point
of view, assumed to be continuation of Third
street is nevertheless, geographically continual
ton of Bench street and is like that almost con-
terminous with the edge of the bluff, which over
looks the River at perpendicular depth of 80 #.
This circumstance renders the lots on the South
side of the street for distance of 300 yards
unavailable for business expect at heavy ex-
pense. But there is a charming promenade which
we assign to some aspirant for our poetical cor
ner, the cupidity which would disfgure it
with a single stone, should be commemorated In
Tar and Feathers. On the North side of St. An
thony street, lots in the block between St. Peters
and Market Street, are estimated at $50 10 per
foot front. But we are not aware Of any recent
sales. 1t is, however, occasionally held higher
than this. Farther Westward in block 18-Lot
with front on three streets and on St. Anthony
street of $50 fla beautiful piece of property is
reported to have been sold last Winter for about
s45 per foot deducting for improvements. We
are mistaken if it can be bought for less than
twice that sum to day; although some property
contiguous to it is said to have been sold recently
at about $50 per foot-but this is not so advan-
tageously situated. For other property in this
block, but of much less depth and fronting only
on this street-s40 per foot was given last spring
But we have good means Of knowing that $40
would be rejected for it to day.
In Block IL, some two or three months since,
lot SO feet in depth and having front on Main
ST., in the rear sold at about $50 per foot. Far
Their Westward still is the Block on which stands
the American Housc-$lOO per foot for the ma
ked ground would not be accepted by its proprie-
tors. From this point to the Winslow House the
same rates are maintained, and along the wet and
marshy grounds which lie Northward of the street
until it has reached the hill so often mentioned
lots sell for prices varying from Sis to $50 per
foot; $50 per foot was given some six months ago
for lot next adjoining the corner lot above the
Wnslow House. Lots on the opposite or South
ern side of the street from the Winslow House
downward, have usually depth on q level with
the street of from 10 to 20 feet-when the rear
breaks off abruptly in steep bluff But this
has been proved to be no obstacle to the contruc-
ton Of buildings of any size or any degree of ex
cellence, and the rates are uniformly the same on
Vie opposite side.
Generally it may be stated that lots along the
business portions of this street are worth from
800 1925 per ft-declining to $40 and $50 near
Ihe quiet vicinity of the Presbyterian Church.