For Sale: Saint Paul MLS# 7091816
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Property Description
609 Dale is the Perfect Stable 4-Unit Mixed-Use (Retail/Apartment) Investment Property recently Remodeled and Fully Leased! All units are occupied, but the leases allow for flexibility for an Owner/User in the Retail spaces and an apartment. Located in the heart of St. Paul, the 609 Dale features two Retail Tenants, Yoga Studio and a Yarn Shop, plus two 2nd level 2 bed/1 bath Apartments.
Perfect 1031 Exchange replacement property or for the investor looking to add another quality asset to their portfolio. Unit Interiors have been fully remodeled along with extensive renovations on the exterior with tuck pointing and painting.
Great Visibility with a 4 car parking lot in the rear + ample on street parking in front on Dale.
This property is generously zoned B2 Community Business with ~4, 320 gross building square feet. Great semi-finished basement space for storage and use by the main level Yarn Shop Retail tenant. Tenants are responsible for the own electric, boiler heat paid for by Landlord.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$495,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1928
State:
MN
Property Style:
Other
Zip Code:
55103
Neighborhood/Area:
102
Subdivision Name:
Chute Brothers Division, No 4
Exterior
Garage Spaces:
0
Foundation Size:
1,491 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.073
Geolocation:
44.959713, -93.126654
Inclusions:
Building, Leases
Lot Dimensions:
80 x 40
Zoning:
Business/Commercial
Schools
School District:
625
District Phone:
6517678100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,948
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,948
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric 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!
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.