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Listing Details
- $1,225,000
- MLS# 7008180
- Type Commercial - Retail
- Status Active
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-251-4800
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
- Fully Leased Desirable 3-Unit Mixed-Use building with Parking located along highly sought after Grand Avenue in St. Paul- ~6.17% Cap Rate - Perfect Investor or 1031 Opportunity- 11 car parking lot immediately behind the building.- Toppers Pizza occupies the entire first floor; second floor consists of two office suites (previously apartments), both occupied by Hovland Music- Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029- Both office suites are leased by Hovland Music through 2032.- The 2nd floor was previously rented as 2 apartments....read more
Features
- Heating: Baseboard, Forced Air
- Taxes: $37,472
- Water: City Water/Connected
- Year Built: 1912
Gallery
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-251-4800
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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