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1144 Arcade Street

Saint Paul, MN 55106
  • $949,900
  • STATUS: Active
  • ON SITE: 154 days
  • ID#: 5700091
UPDATED: 42 min ago
$949,900
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,140
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Real Estate Solutions Mn & Wi.

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.

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IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Servion Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Servion Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Servion Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-06-15T00:07:53.013.

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1144 Arcade Street Saint Paul, MN 55106

  • Price: $949,900
  • Status: Active
  • Updated: 42 min ago
  • ID#: 5700091
0
Beds
0
Baths
0
½ Baths
0.22
Acres
12,140
SQFT
$78
$/SQFT
1926
Built
Neighborhood:
Eastville Heights
County:
Ramsey
Area:
Payne-Phalen
School District:
625 - St. Paul
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.
Exterior Features

Construction Materials BlockBrick/Stone Foundation Area 3190 Garage Dimensions 40 X 30 Lot Size Dimensions 122 X 80 (Both Pids) Parking Features Attached GarageAsphaltConcreteHeated Garage Parking Open 4 Road Frontage Type City StreetPaved StreetsCurbsSidewalks Roof Age Over 8 Years Waterfront YN No

Interior Features

Appliances RefrigeratorWasherDryerRange Basement Full Cooling Window Unit(S)Wall Unit(S) Heating Hot WaterBoiler

Property Features

Accessibility Features No Stairs External Additional Parcels Description 282922220122 Additional Parcels YN Yes Contingency None Current Use CommercialResidentialAutomotiveProfessional ServiceOffice Foreclosure Status No Fuel Natural Gas Inclusions BuildingLandLeasesFixture/EquipmentOther Lender Owned No Postal City Saint Paul Potential Short Sale No Property Sub Type Apartment School District Number 625 Sewer City Sewer/Connected Tax Annual Amount 14434 Tax With Assessments 14434.00 Tax Year 2020 Unit Amenities Hardwood Floors Utilities Heating CommonElectric SeparateHot Water Separate Water Source City Water/Connected Zoning Description Business/Commercial

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Real Estate Solutions Mn & Wi. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Servion Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Servion Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Servion Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-06-15T00:07:53.013.

Click here for Digital Millennium Copyright Act
 
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Servion Realty
500 Main St
New Brighton MN, 55112
Listing courtesy of Real Estate Solutions Mn & Wi.