201 Concord Exchange N, South St. Paul, 55075

Commercial - Office, Other For Sale in Stockyards Rearrangement


MLS® #: 5197412
Active, 161 Days on Market

Currently there are 6 tenants with 70% vacancy (35 vacant rooms and 3 vacant open spaces). Huge potential for a lot more income! The 6 tenants have gross yearly income of $28,660. The tenants are a mortgage company, a title company, a real estate company, a message parlor, a marketing company, etc. All the tenants are on a M to M lease.The lease sqfts are going for $12/sqfts. Two level and 2 basement (one basement is finish and one is not). The city would like the owner to open a restaurant, therefore there is a vacant area for a restaurant if needed. One tenant leased the finished basement. Owner pays all utilities and maintenance including garbage. Building has 10 bathrooms. 36 parking spaces are rented from the city which the seller pays $234/mo. Buyer my lease more parking space from the city if needed. The skyway & the large parking lot belong to the city. Next to parking lot will be an apartment building (to be built). NEW roof & NEW AC. Two PIDs: 367285004200 and 367285004240

Essential Information

MLS® #: 5197412
Price: $1,200,000
Square Footage: 3,500
Acres: 0.39
Year Built: 1903
Type: Commercial
Sub-Type: Office, Other
Style: Office, Other
Status: Active

Community Information

Address: 201 Concord Exchange N
Subdivision: Stockyards Rearrangement
City: South St. Paul
County: Dakota
State: MN
Zip Code: 55075


Garages: Uncovered/Open, Driveway - Asphalt, Unassigned


Heating: Forced Air, Hot Water
Cooling: Central


Exterior: Brick/Stone
Lot Description: Corner Lot, Other
Roof: Flat
Foundation: 15000

School Information

District: 6 - South St. Paul

Additional Information

Date Listed: March 9th, 2019
Days on Market: 161
Zoning: Business/Commercial
Current Use: Commercial, Office, Professional Service, Business Service

Listing Details

Listing Office: RE/MAX Results


$/SqFt: $343

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Listing information last updated on August 19th, 2019 at 5:35pm CDT.