Very rock solid mixed use commercial located at the heart of east side Saint Paul. 3 finished units, 4th unfinished but was originally part of the upper right unit. Can be converted into one large unit or left as-is. Lower unit facing Payne is retail use, zoned B2 with a well established company leasing. 1 detached garage. Flat roof, corner lot and completely visible.
MLS ID: 6513558
Directions: Magnolia Ave E and Payne Ave.
MLS #: 6513558
Listing courtesy of: Creative Results
Price: $359,900
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial
Current Use: Commercial, Residential
Total Units: 4
Annual Gross Income: $39,180
Net Operating Income: $14,268
Operating Expense: $24,911
Annual Gross Expense: $24,911
Annual Fuel Expense: $3,246
Annual Insurance Expense: $2,969
Annual Other Expense: $300
Annual Annual Expense: $11,020
Annual Water/Sewer Expense: $1,072
Tenant Pays: Electricity, Janitorial Service, Grounds Care
Parking Features: Attached Garage
Garage Dimensions: 12 X 20
Garage SqFt: 240
Garage Spaces: 1
Owner Occupied: No
Construction Materials: Stucco, Wood Siding
AccessibilityFeatures: Doors 36"+, Grab Bars In Bathroom
Heating: Hot Water, Radiator(s)
Cooling: Window Unit(s)
Style: Mixed Use
Year Built: 1900
Foundation Area: 2,400
Amenities - Association: None
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate
Complex/Dev/Sub Name: Holterhoff & Meads Add
Lot Dimensions: 0x0
District: St. Paul
District Number: 625
District Phone: 651-767-8100
County: Ramsey
Survey Range: 22
Survey Section: 29
Survey Township: 29
Tax Year: 2024
Tax Amount: $8,187
Assessment Pending: Yes
Taxes w/Assessments: $8,300
This listing was last updated by Creative Results on 10/14/2024 at 1:55 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 11/23/2024 5:05 am.
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