For Sale: Saint Paul MLS# 6532063
Active
$569,000
Commercial: Apartment,Mixed Use,Business,Low Rise,Office,Retail
Built 1904
0.12 acres
St. Paul schools
MLS# 6532063
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Property Description
MIXED USE property & biz for sale, with the ability to own and operate the Liquor Store immediately if desired. Great opportunity to buy a building and take over the existing liquor store. You will need to obtain your own liquor license if you decide to run the liquor store. Or buy the building and let somebody else open a liquor store or any other business. Previous liquor store owner was paying $1800/mo in rent. Included in the sale is: 2 apartments on the upper level, a large kitchen used to prep food for the bar next door, a liquor store on the main level, and a finished storage and office space on the lower level. Liquor store has tenants ready to sign 5 year lease for $2, 000/mo if desired. Kitchen space is leased for $850/mo (lease ends 4/30/2024 then month to month). Apt #1 is leased for $1, 100/mo (lease ends 11/30/2023 then month to month). Apt #2 is leased for $978/mo (month to month lease). Rear parking lot for 4-6 cars.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$569,000
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1904
State:
MN
Property Style:
Apartment, Mixed Use, Business, Low Rise, Office, Retail
Zip Code:
55106
Neighborhood/Area:
Dayton's Bluff
Subdivision Name:
Scottens Sub Of B71 Lyman Day
Interior
Ranges:
Two
Refrigerators:
Two
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Finished
- Full
- Storage Space
Exterior
Stories:
Two
Other Parking Spaces:
6
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
2,480 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
Parking Features:
- Asphalt
- Paved
- Unassigned
Unit Amenities:
- Balcony
- Hardwood Floors
- Kitchen Window
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Brick/Stone
- Metal Siding
- Stucco
Roof Details:
- Flat
- Rubber
Lot & Land
Acres:
0.12
Geolocation:
44.9525, -93.056243
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory, Rental License
Lot Dimensions:
43 x 126
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Fuel Expense:
$6,595
Annual Gross Expense:
$10,074
Annual Water/Sewer Expense:
$3,478
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$5,506
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,506
Income
Annual Gross Income:
$56,746
Rent
Annual Net Income:
$46,673
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Event Space
- Food Service
- Office
- Professional Service
- Residential
- Retail
- Vacant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.