879 Rice Street, Saint Paul, MN 55117

MLS#6222395

879 Rice Street Overview

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 8-31-2025. The billboard on the roof has a lease with income of $2,522.47 and it expires on 10-31-2026. Total income is $2,210/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.

Listing firm: RE/MAX Results - Email: edenprairie@results.net

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$250,000

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beds

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baths

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sq.ft.

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PRICE/SQ. FT.

Mckentys Out Lts To, St Paul

Year Built: 1888

MLS® #:6222395

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Property Details

MLS® #6222395
Price250,000
Bedrooms-
Total Baths-
Full Baths-
Square Footage8,712
Acres0.2
Year Built1888
TypeCommercial Sale
Sub-TypeApartment
StatusActive

Location Information

Address879 Rice Street
SubdivisionMckentys Out Lts To, St Paul
CitySaint Paul
CountyRamsey
StateMN
Zip Code55117

MLS® 6222395 is a 8,712sqft Apartment located at 879 Rice Street, Saint Paul, MN 55117 The property features bedrooms, baths, and ½ baths.

Interior Features
HeatingForced Air
CoolingCentral Air
Stories
Appliances

Cooktop, Freezer, Range, Refrigerator

Additional Information

Date Listed June 18th, 2022

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