For Sale: Saint Paul MLS# 6572681
Active
$1,195,000
Commercial: Other
Built 1919
0.14 acres
St. Paul schools
MLS# 6572681
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This unique commercial property, boasting 8, 500 square feet of versatile space, is a rare find in the highly sought-after Midway neighborhood of St. Paul, MN. With a rich history dating back to 1919, this property is ready for its next chapter. Previously used as a thriving restaurant, event venue, and retail shop, the possibilities are endless for this adaptable space.
Located in an Opportunity Zone, this property is primed for revitalization and is perfectly positioned to benefit from the ongoing transformation of the area, spurred by the construction of the MN United Soccer Stadium less than a mile away. The stadium has brought a surge of energy and interest to the neighborhood, making this an ideal time to invest in this promising property.
With its prime location, generous square footage, and rich history, this commercial property is a blank canvas waiting for your vision. Don't miss this opportunity to be a part of the exciting revitalization of the Midway neighborhood and create a thriving business in this dynamic community.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,195,000
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1919
State:
MN
Property Style:
Other
Zip Code:
55104
Neighborhood/Area:
Hamline-Midway
Subdivision Name:
Lyman D Bairds Add
Exterior
Other Parking Spaces:
10
Foundation Size:
3,058 ft2
Handicap Accessible:
Other
Heating System:
Forced Air
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.14
Geolocation:
44.956429, -93.166568
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory
Lot Dimensions:
NA
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Gross Expense:
$349,621
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$11,754
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$11,754
Income
Annual Gross Income:
$976,322
Units
Total Units:
3
Miscellaneous
Current Use:
- Event Space
- Office
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.