Address
1144 Arcade Street Saint Paul, MN
Price
$ 949,900
Property Attributes
- ML#5700091
- TypeCommercial
- CountyRAMSEY
- CitySaint Paul
- AreaEastville Heights
- NeighborhoodPayne-Phalen
- Zip55106
- StyleApartment
- Year Built1926
- Taxes14434
- Price$ 949,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12140
- Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Real Estate Solutions MN & WI
Property Description
Opportunity to make a Single Purchase with 10 sources of Income, FULLY LEASED. 4 commercial suites, 4 Residential Apartments, a Single Family Home and commercial signage on roof. Each has a lease in place earning over $100,000 a year with renewal for Billboards coming and opportunities for rent increases in Spring. All residential units and home were refurbished 2 years ago, and all commercial leases have renewed. Updated mechanicals and systems. This is a walk on part, immediate income. 2nd floor has 4 apartments with dual access. Main floor storefronts have direct access and signage, completely built out with long time tenants (2nd tenant has grown to encompass the 3rd suite as well). 2 Billboards with long term contracts. All leases and Chattel are fully transferable at closing. Excellent location, Brand New Developments of last few years, retail have filled adjacent lots on North. These include CVS, Walgreens, Brand New Strip & Restaurants. INVESTORS ARE SPENDING HERE.
| Price History | |
|---|---|
| 1/11/2021 | Listed $949,900 |
General Features
| Contingency | None |
|---|---|
| High School District | St. Paul |
| Property SubType | Apartment |
| Property Type | Commercial Sale |
| Roof | Age Over 8 Years |
| Standard Status | Active |
Interior Features
| Basement | Full |
|---|
Exterior Features
| Lot Dimensions | 122 x 80 (both PIDs) |
|---|---|
| Lot Size Area | 0.22 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 55106
Price
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Year Built
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