651 Arcade Street, Saint Paul, MN

$1,050,000

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0.29

Acres

About 651 Arcade Street

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.

Features of 651 Arcade Street

MLS® # 7152891
Price $1,050,000
Acres 0.29
Year Built 1964
Type Commercial Sale
Status Active

Community Information

Address 651 Arcade Street
Area 90
Subdivision Margaret Place
City Saint Paul
County Ramsey
State MN
Zip Code 55106

Amenities

Utilities Heating Common
Parking Open
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Exterior Features Stone, Vinyl
Lot Description Corner Lot

School Information

District St. Paul

Additional Information

Days on Market 9
Zoning Business/Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeNorthstar Real Estate Associates

Listing Map

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