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201 Concord Exchange N, South St. Paul
Currently there are 6 tenants with 70% vacancy (35 vacant rooms and 3 vacant open spaces). Huge potential for a lot more income! The 6 tenants have gross yearly income of $28,660. The tenants are a mortgage company, a title company, a real estate company, a message parlor, a marketing company, etc. All the tenants are on a M to M lease.The lease sqfts are going for $12/sqfts. Two level and 2 basement (one basement is finish and one is not). The city would like the owner to open a restaurant, therefore there is a vacant area for a restaurant if needed. One tenant leased the finished basement. Owner pays all utilities and maintenance including garbage. Building has 10 bathrooms. 36 parking spaces are rented from the city which the seller pays $234/mo. Buyer my lease more parking space from the city if needed. The skyway & the large parking lot belong to the city. Next to parking lot will be an apartment building (to be built). NEW roof & NEW AC. Two PIDs: 367285004200 and 367285004240
- MLS® #5197412
- Square Footage3,500
- Year Built1903
- Sub-TypeOffice, Other
- StyleOffice, Other
- GaragesUncovered/Open, Driveway - Asphalt, Unassigned
- Lot DescriptionCorner Lot, Other
- Date ListedMarch 9th, 2019
- Days on Market128
- Address201 Concord Exchange N
- SubdivisionStockyards Rearrangement
- CitySouth St. Paul
- Zip Code55075
- HeatingForced Air, Hot Water
- District6 - South St. Paul
- Listing OfficeRE/MAX Results
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Listing information last updated on July 17th, 2019 at 7:20am CDT.