1144 Arcade St, St. Paul, 55106

NEWCommercial - Office, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise For Sale in Eastville Heights

$995,000

Beds
Baths
12,140Sqft
.22Acres
4Garages
1926Built
6DOM
MLS® #: 5234849
Active, 6 Days on Market

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 nearly $100,000 a year. All residential units and home were refurbished 2 years ago, and all commercial leases have renewed. This is a walk on part. Do the paperwork and start earning 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 on roof have 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.

Essential Information

MLS® #: 5234849
Price: $995,000
Square Footage: 12,140
Acres: 0.22
Year Built: 1926
Type: Commercial
Sub-Type: Office, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise
Style: Office, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise
Status: Active

Community Information

Address: 1144 Arcade St
Area: Payne-Phalen
Subdivision: Eastville Heights
City: St. Paul
County: Ramsey
State: MN
Zip Code: 55106

Amenities

Amenities: Hardwood Floors
# of Garages: 4
Garages: Attached Garage, Heated Garage, Driveway - Asphalt, Driveway - Concrete

Interior

Appliances: Refrigerator, Washer, Dryer, Range
Heating: Boiler, Hot Water
Cooling: Window

Exterior

Exterior: Block, Brick/Stone
Roof: Age Over 8 Years
Foundation: 3190

School Information

District: 625 - St. Paul

Additional Information

Date Listed: June 10th, 2019
Days on Market: 6
Zoning: Business/Commercial
Current Use: Commercial, Residential, Automatic Service, Professional Service, Office

Listing Details

Listing Office: Real Estate Solutions MN & WI

Financials

$/SqFt: $82

The data relating to real estate for sale on this 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 Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on June 16th, 2019 at 3:35am CDT.