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Sold
$786,000  (list price)
$800,000
/mo Edit
Commercial:  Business Opportunity
Built 1967
0.36 acres
North St Paul-Maplewood schools
MLS# 6159920
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    Property Description

    Owned with pride by a reputable construction company, this exceptional mixed use building located in beautiful Downtown North Saint Paul! in excellent condition! With 4 commercial units, 3 residential units, large warehouse and workshop space and a 15+ car parking lot this is the perfect investment property! Owner-occupy one or more of the commercial spaces while collecting the rent from the rest! Two PIDs; 122922420145, 122922420141

    Listing

    Contingency: None
    City: North Saint Paul
    County: Ramsey
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55109
    Subdivision Name: Second Add To North, St P

    Interior

    Ceiling Height: 11-15
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Drain Tiled
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Door Height: 12
    Garage Door Width: 9
    Other Parking Spaces: 15
    Air Conditioning: Central Air
    Foundation Size: 6,970 ft2
    Handicap Accessible: Doors 36"+, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Multiple Garages
    • Paved
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Block
    • Stucco
    Roof Details: Rubber

    Lot & Land

    Acres: 0.36
    Geolocation: 45.0128825256, -92.990383177
    Inclusions: Leases, Rental License
    Lot Dimensions: 59 x 130_40 x 200
    Addl Parcels: 122922420141
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Zero Lot Line

    Farm

    Topography: Level

    Schools

    School District: 622
    District Phone: 651-748-7410

    Expenses

    Annual Electric Expense: $4,351
    Annual Fuel Expense: $2,533
    Annual Insurance Expense: $6,840
    Annual Gross Expense: $42,784
    Annual Trash Expense: $2,661
    Annual Water/Sewer Expense: $4,351

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $18,316
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $18,316
    Land Lease Amount: 0

    Income

    Annual Gross Income: $97,800

    Rent

    Annual Net Income: $55,016

    Units

    Total Units: 7

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Commercial
    • Industrial
    • Professional/Office
    • Residential
    • Warehouse
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Anderson Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.