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1144 Arcade Street & 825 Geranium Ave, St .Paul, MN

$ 950,000
1144 Arcade Street, ,
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2 Property Package Sale: 1144 Arcade + 825 Geranium (next to one another). 1144 Arcade is a 7 unit Mixed-Use Building with 4 very nice, recently remodeled Apartments on the 2nd level, 3 main level Retail/Office units, 2 rear garage stalls, full basement, and billboard on top for additional income. Tenancy in 1144 Arcade: 2 Main level Units + 1 apartment are leased (1 main level unit & 3 apartments are vacant). 825 Geranium, which is immediately next to 1144 Arcade, is a 2 bedroom, 1 bath home leased month to month. Same owner for 55 years. Previously owner-occupied with plumbing business. Seller has intentionally not attempted to lease current vacant units. Building has been meticulously maintained. Excellent investor or owner/user opportunity with great potential! See Marketing Packet for details. Contact Broker for income/expenses. Do not disturb tenants – all tours through listing Brokers.

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Documents
Address: 1144 Arcade Street
State/County:
Zip: 55106
Country: United States
Property Id : 7270
Price: $ 950,000
Property Type: Mixed-Use - Retail/Office/Residential
Zoning: T2 Traditional Neighborhood District
Lot Acreage: 0.11 Acres: Arcade + 0.11 Acres: Geranium
PID #: 282922220037: Arcade St 282922220122: Geranium Ave
Year Built: 1926
Exterior: Brick, stone
Roof : Flat, tar/gravel
County: Ramsey
2015 Property Taxes: 2017: 1144 ARCADE: $7,972 2017: 825 GERANIUM: $1,412
Basement: Cement Block, partial
Foundation Size: 3,190 SF: Arcade + 875 SF: Geranium
Finished Building Square Feet: 10,300 SF
# Parking Spaces: 4
Current Tenant(s): Arcade Animal Hospital; Home Express Healthcare
Utilities Available: Gas, electric, water, sewer
Garage: 2 - 2 car garages; tuckunder
Availability: Immediate
Occupancy: Partial
Building Class: C
Leases: Available with signed NDA
Signage: Billboard on Arcade
Traffic Counts: 11,500 VPD on Arcade St
Heating: Boiler
Fuel: Natural Gas
School District: 625 - St Paul

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