, Saint Paul, MN 55104 (MLS# 6271061)
$1,250,000
MLS# 6271061
Status: Closed
15049 sqft
1 / 28
Property Description
Owner occupant, investor or developer opportunity offering high occupancy, assigned onsite parking, and rare metered parking along University Avenue. Public transit, including Fairview Avenue Station nearby. Located at Union Park and Hamline Midway. Mixed use portfolio with 2 PIDs, (3) commercial/business user and (4) apartment unit lease. Newer retail store front windows plus visible signage opportunities. Major investment into the buildings throughout 2016/2017. Current roofing report and financials available upon request. Upper level of second PID includes both (4) one-bedroom apartments. Laundry room, washer, and dryer provided by Landlord in separate area. Each commercial unit comes with large basement square footage typically used as storage by occupying tenants. This building has been professionally managed and ready for new ownership. We invite further inquiry and questions prior to scheduling tours. Tours by appointment only.
Details
Contract Information
Status: Closed
Off Market Date: 2024-01-04
Current Price: 1200000
Closed Date: 2023-12-14
Sales Close Price: 1200000
Contingency: None
ListPrice: 1250000
List Date: 2022-10-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 12
Owner Occupied: No
Year Built: 1908
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 7000
For Sale or Lease: For Sale
Acres: 0.32
Lot Dimensions: 14000
Assessment Pending: Unknown
Location Tax and Other Information
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: HINKELS 3RD AMENDMENT TO UNIO
Additional Parcels Information
Property ID #2: 332923240031
Assessments
Tax With Assessments: 8110
Building Information
Building Finished SqFt: 9134
Building SqFt: 15049
Income and Expenses
Annual Net Income: 87500
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 33
Township#: 29
Sale Options
Sale Includes: Building, Land, Leases
Unit Details
Total Units: 7
Property Features
Accessible: Other
Amenities Shared: Coin-op Laundry Owned
Basement: Other
CMU Style: Apartments and Retail; Apartments/Multi Family; Business Opportunity; Freestanding; Mixed Use; Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Business Service; Food Service; Office; Professional Service; Residential; Retail
Exterior: Brick/Stone; Wood
Financing Terms: Conventional
Fuel: Other
Heating: Other
Location Description: Other/See Remarks
Lock Box Type: None
Lot Description: Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Parking Characteristics: Off Street; Assigned; Off Site; Paved Lot; Uncovered/Open
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Roof: Flat
Sewer: Other
Stories: Two
Water: Other
Listing Office: RC Enterprises, LLC
Last Updated: June - 08 - 2025
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