1144 Arcade St, St. Paul

$944,900

0 Beds
0 Baths
12,140 Sqft
.22 Acres
4 Garages

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.

Essential Information
MLS® #5234849
Price$944,900
Square Footage12,140
Acres0.22
Year Built1926
TypeCommercial
StatusActive
Sub-Type

Office, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise

Style

Office, Retail/Shopping Center, Apartments/Multi Family, Other, Apartments and Retail, Low Rise

Community Information
Address1144 Arcade St
AreaPayne-Phalen
SubdivisionEastville Heights
CitySt. Paul
CountyRamsey
StateMN
Zip Code55106
Amenities
AmenitiesHardwood Floors
# of Garages4
Utilities

Heating Common, Electric Separate, Hot Water Separate

Garages

Attached Garage, Heated Garage, Driveway - Asphalt, Driveway - Concrete

Interior
HeatingHot Water, Boiler
CoolingWindow
Appliances

Refrigerator, Washer, Dryer, Range

Exterior
ExteriorBlock, Brick/Stone
RoofAge Over 8 Years
Foundation3190
School Information
District625 - St. Paul
Additional Information
Date ListedJune 10th, 2019
Days on Market158
ZoningBusiness/Commercial
Listing Details
OfficeReal Estate Solutions MN & WI
Property History
Price Reduced from $995,000 to $944,900
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Listing information last updated on November 14th, 2019 at 8:20pm CST.