1144 Arcade Street, Saint Paul, 55106

NEWCommercial Sale - Apartment For Sale in Eastville Heights

$949,900

Beds
Baths
Sqft
.22Acres
1926Built
7DOM
MLS® #: 5700091
Active, 7 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 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.

Essential Information

MLS® #: 5700091
Price: $949,900
Acres: 0.22
Year Built: 1926
Type: Commercial Sale
Sub-Type: Apartment
Style: Apartment
Status: Active

Community Information

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

Amenities

Garages: Attached Garage,Asphalt,Concrete,Heated Garage

Interior

Appliances: Refrigerator,Washer,Dryer,Range
Heating: Hot Water,Boiler
Cooling: Window Unit(s),Wall Unit(s)

Exterior

Roof: Age Over 8 Years
Construction: Block,Brick/Stone

Additional Information

Days on Market: 7
Zoning: Business/Commercial

Listing Details

Listing Office: Real Estate Solutions MN & WI

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Listing information last updated on January 18th, 2021 at 4:35pm CST.