879 Rice Street, Saint Paul, 55117

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

$250,000

–Beds
–Baths
–Sqft
.2Acres
1888Built
8DOM
MLS® #: 6222395
Active, 8 Days on Market
Inquire Share Print

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

Amenities

Garages: Asphalt, Paved, Open

Interior

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

Exterior

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

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.

Information deemed reliable but not guaranteed.

Copyright 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

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