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1144 Arcade St, St. Paul
Opportunity to make a Single Purchase with 10 sources of Income, FULLY LEASED. 4 commercial suites, 4 Residential Apartments, a Single Family Home and commercial signage on roof. Each has a lease in place earning nearly $100,000 a year. All residential units and home were refurbished 2 years ago, and all commercial leases have renewed. This is a walk on part. Do the paperwork and start earning income. 2nd floor has 4 apartments with dual access. Main floor storefronts have direct access and signage, completely built out with long time tenants (2nd tenant has grown to encompass the 3rd suite as well). 2 Billboards on roof have long term contracts. All leases and Chattel are fully transferable at closing. Excellent location, Brand New Developments of last few years, retail have filled adjacent lots on North. These include CVS, Walgreens, Brand New Strip & Restaurants. INVESTORS ARE SPENDING HERE.
- MLS® #5234849
- Square Footage12,140
- Year Built1926
- Sub-TypeOffice, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise
- StyleOffice, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise
- AmenitiesHardwood Floors
- UtilitiesHeating Common, Electric Separate, Hot Water Separate
- # of Garages4
- GaragesAttached Garage, Heated Garage, Driveway - Asphalt, Driveway - Concrete
- ExteriorBlock, Brick/Stone
- RoofAge Over 8 Years
- Date ListedJune 10th, 2019
- Days on Market126
- Address1144 Arcade St
- SubdivisionEastville Heights
- CitySt. Paul
- Zip Code55106
- AppliancesRefrigerator, Washer, Dryer, Range
- HeatingHot Water, Boiler
- District625 - St. Paul
- Listing OfficeReal Estate Solutions MN & WI
Price Change History for 1144 Arcade St, St. Paul, MN (MLS® #5234849)
|Price Reduced (from $995,000)||$944,900||$50,100 (5.04%)|
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Better Homes & Gardens Real Estate - All Seasons are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Better Homes & Gardens Real Estate - All Seasons is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Better Homes & Gardens Real Estate - All Seasons, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Information deemed reliable but not guaranteed.
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Listing information last updated on October 14th, 2019 at 7:20am CDT.