St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-10-27
NOW EIGHTH STREET
Is Being Gazed Upon by East
ern Spectators With
Money
Is the Thoroughfare Offering
the Best for the Flu
ture.
Holders of Suburban Prop
erty Securely Waiting
for q Rise.
General Real Estate Gossip OF
Interest to Buyer and
Seller.

The streets that cause the most inter
est to outside spectators when shown
khe city are Sixth and Eighth streets.
Here in St. Paul they are usually looked
mon as side streets, amounting TO moth
ing except at their corners. But to an
Eastern man, utterly unacquainted with
the city, these streets seem to have Tue
best prospects of any in the city hlIu,
Fourth, Fifth and Seventh are all wei
built up With brick blocks and the va
eant spaces are rapidly filling up. olA'.i
street would naturally become a pus'
ness street in time, but several thihss
Rre combined to make this time 'eI4
near. Sixth street affords an easy
thOroughfare from the extreme east
end to st. Anthony hill. 1t was cut
through TO Summit avenue very re-
Gently and is the slightest grade OF
any street leading TO the hill. ne
bridge over the railroad tracks AT me
east end. and the Strengthening OF tnS
fog at Broadway, are now Sellieu anu
only a question of few weeks. Several
fine buildings are now going up aI
MANY points on tie street. The regions
around the Hotel Ryan are. OF c0urSe,aS
busineSS-like as any other part OF toWI'
but in many parts the old wooden Dulld-
ings still remain. These will give way
in the course of the next two years 10
substantial buildings. An lndlcatlOhol
this was noticed last week, when S0O,OOo
was offered and refused for htty-lool
lot on Sixth street. The offer was Tor
cash down. but the owner stated tnat
his lowest figure was 100000, and he
showed no indication of being willing 10
"SpIit the difference"
Eighth street has many advantages
that are quickly recognized by outside
investors. It is only one block from
the Seventh street cable line IN ITS
whole length A very little easy and
inexpensive work would cut it through
TO Summit or at least 10 College ave-
nue.. 1t ends now at Wabasha street,
but only few yards below where Ninth
street crosses. A slight jog in the street
would make the part OF Ninth west OF
Wabasha as much continuation OF
Eighth. Ninth street now ends at Oak
street, but could be easily cut through
The triangular block to College, which 1t
would strike at about its intersection
with Sixth. This would form the east
est grade to St. Anthony hill, and would
become a splendid business street. 1t
has not been lost sight of by those ell
terpriSing Fasteners who are investing
SO freely IN st. Paul property. As
prominent real estate man remarked
yesterday: "OwnerS of property on
Sixth and Eighth streets are going to
get rich before they know It,"
The most noticeable effect OF the
cable and electric car line extensions,
under construction and projected, has
been the withdrawal Of large quantities
of adjacent property from the market.
This has been the case in every direc-
ton. The primary effect of this will be
TO cause those who still have property
for sale TO find customers with more
readiness and at better prices. The in
quiry for property is good, and while
few sales of any magnitude are re-
corded, all brokers are busy all the
time aud report fair weeks business.
A move is Oh foot among owners OF
property in the vicinity OF Como and Rice
streets, to have a hay and produce mar
ket established there, and the site
favored by them is block 4, Robertson
4 Van Etten's addition. The Ramsey
County German Agricultural society
has selected a site for its hail about
two blocks west of there. where they
will hold their meetings and market.
Property in the Midway district is
moving rapidly. All agents report
good sales and good prices. billiard q
Burton sold four lots on the corner of
Victoria and Marshall avenues for
10000, and five acres of land near Lake
Josephine for $50 an acre. Bushnell IL
Bushnell report sales along University
avenue and Summit avenue as lively.
e. H. Hazard says Hamllne lots are
moving with their old-time rapidity.