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$1,050,000

0 Beds 0 Baths 10,169 SQFT 0.29 Acres
Type: Commercial

651 Arcade Street
Saint Paul, MN 55106

MLS#: 7152891
Jan Nelson
Jan Nelson
The Real Estate Advantage
Agent
Phone: 952.250.8336
Office: 952.470.7600
Presented by: Northstar Real Estate Associates

Property Description

 

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.


 

Interior Features

Other Interior Features

BasementFull
Basement (Y/N)Yes
FuelNatural Gas
Garage Dimensions0
Garage Door Width0 sqft
Garage Square Feet0

General

AccessibilityReduced Height Counters, Wheelchair Ramp(s)
Additional Parcels Y/NNo
CitySaint Paul
ContingencyNone
CoolingCentral Air
CountyRamsey
Current UseOffice, Other
DirectionsFrom I-94 E take 243 for Mounds Blvd, continue straight onto 6th St E, slight left onto N Arcade St.
Garage Spaces0
HeatingForced Air
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total1
PostalCitySaint Paul
Property TypeCommercial Sale
SewerCity Sewer/Connected, City Sewer - In Street
Standard StatusActive
Subdivision NameMargaret Place
Tax Annual Amount$18,410
Tax Year2026
UtilitiesHeating Common
Year Built1964
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total10,169 sqft
Foundation Area4,400 sqft
InclusionsBuilding, Leases
Lot Dimensions99x123
Lot FeaturesCorner Lot
Lot Size Area0 sqft
Parking FeaturesOpen
Water SourceCity Water/Connected, City Water - In Street
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$1,050,000

0 Beds 0 Baths 10,169 SQFT 0.29 Acres
Type: Commercial

651 Arcade Street
Saint Paul, MN 55106

MLS#: 7152891
Jan Nelson
Jan Nelson
The Real Estate Advantage
Agent
Phone: 952.250.8336
Office: 952.470.7600