For Sale: Saint Paul MLS# 7152891
Active
NEW!
$1,050,000
Commercial: Other
Built 1964
0.294 acres
St. Paul schools
MLS# 7152891
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Property Description
Excellent Investment Opportunity – Child Care Center Building! The owner has invested over $300, 000 in renovations, creating a well-appointed facility ready for continued use as a child care center. The property is currently leased for $8, 000 per month with a 5-year lease term and an option to renew for an additional 5 years. The tenant is responsible for all utilities, providing the owner with a favorable expense structure. A strong opportunity for an investor seeking a leased commercial property with established income and significant improvements already completed.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,050,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
Other
Zip Code:
55106
Neighborhood/Area:
90
Subdivision Name:
Margaret Place
Interior
Basement Details:
Full
Exterior
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Air Conditioning:
Central Air
Foundation Size:
4,400 ft2
Handicap Accessible:
Reduced Height Counters, Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
Open
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.294
Geolocation:
44.9609880415, -93.066200886
Inclusions:
Building, Leases
Lot Dimensions:
99 x 123
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
625
District Phone:
6517678100
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$18,410
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$18,410
Units
Total Units:
1
Miscellaneous
Current Use:
- Office
- Other
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
Heating Common
Water System:
- City Water - In Street
- City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Northstar Real Estate Associates.
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.