879 Rice Street, Saint Paul, 55117

Commercial Sale - Apartment For Sale in Mckentys Out Lts To, St Paul


MLS® #: 6222395
Active, 8 Days on Market

Great opportunity to purchase this mixed-use building as either owner-occupied or an investment for positive cash flow. The main floor operates as a bar and the apartment on the upper level needs improvement. The main-floor tenant pays $2,000 per month and the lease expires in 2 years. The billboard on the roof has income of $200/mo with 9 years left in lease. Total income is $2,200/mo. 12 on site parking spaces. Zoned T2 – Traditional Neighborhood. Stand-alone, corner lot on Milford & Rice Streets with 4 lots. Main floor is full bar. Upstairs apartment has a kitchen, a large living room, a half bathroom with space to add a shower. Buyer may renovate the upper level to add more income.

Essential Information

MLS® #: 6222395
Price: $250,000
Bathrooms: 0.00
Acres: 0.20
Year Built: 1888
Type: Commercial Sale
Sub-Type: Apartment
Style: Apartment
Status: Active

Community Information

Address: 879 Rice Street
Area: North End
Subdivision: Mckentys Out Lts To, St Paul
City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55117


Garages: Asphalt, Paved, Open


Appliances: Range, Cooktop, Refrigerator, Freezer
Heating: Forced Air
Cooling: Central Air


Lot Description: Corner Lot
Roof: Flat, Age Over 8 Years
Construction: Brick/Stone

School Information

District: St. Paul

Additional Information

Days on Market: 8
Zoning: Business/Commercial

Listing Details

Listing Office: RE/MAX Results

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Listing information last updated on June 26th, 2022 at 9:35am CDT.