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Active
$595,000
/mo Edit
Commercial:  2 Stories
Built 1886
0.1 acres
St. Paul schools
MLS# 6482799
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    Property Description

    Highly visible commercial building on 7th Street West and James Avenue, zoned B-2. Five units plus unfinished lower level. Main level with storefront windows, half bath, storage and public areas. Upper level with 4 separate units. Utilities currently paid by owner. Forced air with 2 furnaces, central air. Separate entrance for the upper level units. Flooring is ceramic tile, hardwood or laminate. Brick/block exterior. On busline.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55102
    Neighborhood/Area: West Seventh
    Subdivision Name: City Bank Rearrangement

    Interior

    Ceiling Height: 11-15
    Ranges: None
    Refrigerators: None
    Appliances Included: None
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,641 ft2
    Foundation Dimensions: 56x65x9x67x20
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Block
    • Brick/Stone
    Roof Details: Flat

    Lot & Land

    Acres: 0.1
    Geolocation: 44.927559, -93.127261
    Inclusions: Building, Land, Leases
    Lot Dimensions: 63 x 8 x 97 x 73
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Irregular Lot
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $510
    Annual Fuel Expense: $7,735
    Annual Insurance Expense: $5,418
    Annual Maintenance Expense: $1,690
    Annual Gross Expense: $48,705
    Annual Trash Expense: $7,354
    Annual Water/Sewer Expense: $768
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $21,732
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $21,732

    Income

    Annual Gross Income: $85,730

    Rent

    Annual Net Income: $37,025

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Office
    • Other
    • Professional Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.