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$1,000,000

8 Beds 8 Baths 0 SQFT 0.12 Acres
Type: Commercial

365 Earl Street
Saint Paul, MN 55106

MLS#: 6808041
Julia Kiefer
Julia Kiefer
The Real Estate Advantage
Realtor
Phone: 507.438.4835
Office: 651.272.4688
Presented by: Keller Williams Premier Realty

Property Description

 

Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitalization, with new commercial investment, residential redevelopment, and infrastructure improvements signaling a long-term upward trajectory for property values. The City of Saint Paul and the Downtown Alliance have also announced plans to convert downtown office buildings into 20,000–30,000 new residential units, a shift that will dramatically increase the demand for convenient, transit-connected neighborhoods like this one. For investors, 365 Earl Street represents a solid income-producing asset today and a strategic position for future appreciation tomorrow. The mix of commercial and residential tenants offers balanced returns, while the property’s location along the Gold Line corridor places it squarely within one of the city’s most promising development zones. This building may be purchased individually or as part of a package deal with 1051 Hudson Road, located immediately next door, creating a combined offering ideal for a portfolio-minded buyer seeking scale, stability, and long-term upside. Buyer agent to verify all measurements. Pre-approved and vetted buyers only!


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CitySaint Paul
ContingencyNone
CountyRamsey
Current UseCommercial, Office, Other, Professional Service, Residential, Retail
Directions94 to mounds, mounds to 3rd St, 3rd St to Earl
Fuel Expense10656
Garage Spaces0
Gross Income136200
HeatingBoiler
High School DistrictSt. Paul
Insurance Expense9000
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income61657
New ConstructionNo
Number Of Units Total9
Operating Expense74543
Possible UseOffice, Other, Professional Service, Retail, Grocery
PostalCitySaint Paul
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameScottens Sub Of B71 Lyman Day
Tax Annual Amount$16,704
Tax Year2025
UtilitiesElectric Separate
Water Sewer Expense6287
Year Built1898
Zoning DescriptionBusiness/Commercial

Exterior

Foundation Area5,418 sqft
InclusionsBuilding, Fixture/Equipment, Leases, Rental License
Lot Dimensions42 x 129
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$1,000,000

8 Beds 8 Baths 0 SQFT 0.12 Acres
Type: Commercial

365 Earl Street
Saint Paul, MN 55106

MLS#: 6808041
Julia Kiefer
Julia Kiefer
The Real Estate Advantage
Realtor
Phone: 507.438.4835
Office: 651.272.4688