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
AVG $540K
$950K
Taxes
AVG $83,602
$14,434
Visits
AVG 77
6
Year Built
AVG 1941
1926
Walkscore
AVG 71
88
Data Provided by Walkscore ® not using MLS data

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