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Presented By: RE/MAX Results
MIXED USE property & biz for sale, with the ability to own and operate the Liquor Store immediately if desired. Great opportunity to buy a building and take over the existing liquor store. You will need to obtain your own liquor license if you decide to run the liquor store. Or buy the building and let somebody else open a liquor store or any other business. Previous liquor store owner was paying $1800/mo in rent. Included in the sale is: 2 apartments on the upper level, a large kitchen used to prep food for the bar next door, a liquor store on the main level, and a finished storage and office space on the lower level. Liquor store has tenants ready to sign 5 year lease for $2,000/mo if desired. Kitchen space is leased for $850/mo (lease ends 4/30/2024 then month to month). Apt #1 is leased for $1,100/mo (lease ends 11/30/2023 then month to month). Apt #2 is leased for $978/mo (month to month lease). Rear parking lot for 4-6 cars.
Presented By: RE/MAX Results
BasementFinished, Full, Storage Space
Basement (Y/N)Yes
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitBalcony, Hardwood Floors, Kitchen Window
AppliancesRange, Refrigerator
CitySaint Paul
Construction MaterialsBrick/Stone, Metal Siding, Stucco
ContingencyNone
CoolingCentral Air, Window Unit(s)
CountyRamsey
Current UseCommercial, Event Space, Food Service, Office, Professional Service, Residential, Retail, Vacant
DirectionsHudson Road 1/2 Block West of Earl Street
Fuel Expense6595
Garage Spaces
Gross Income56746
HeatingBoiler, Forced Air
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income46672.78
NumberOfUnitsTotal5
OwnerPaysFuel, Repairs, Taxes, Trash Collection, Water
Possible UseOffice, Professional Service, Rest/Lounge, Restaurant, Retail, Shop, Grocery, Bar/Tavern
PostalCitySaint Paul
Property SubTypeApartment, Mixed Use, Business, Low Rise, Office, Retail
Property TypeCommercial Sale
RoofFlat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameScottens Sub Of B71 Lyman Day
Tax Annual Amount5506
Tax Year2023
Tenant PaysElectricity
UtilitiesHeating Separate
Water Sewer Expense3478
Year Built1904
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family
Building Area Total7440
Foundation Area2480
InclusionsBuilding, Business Assets, Fixture/Equipment, Inventory, Rental License
Lot Dimensions43x126
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0.12
Parking FeaturesAsphalt, Paved, Unassigned
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
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