$2,800,000

611 Grand AvenueSaint Paul, MN 55102

Type: Commercial

1923 Year Built

Description

Introducing 611 Grand Ave, a prime commercial property situated in the bustling neighborhood of Saint Paul, MN. Boasting an excellent location, this property is currently home to thriving businesses, including a new mixed-use 4 story development 2 blocks west; making it a fantastic investment opportunity. With a vibrant atmosphere, proximity to popular shops, restaurants, and cafes on Grand Avenue, and a steady rental income stream, this commercial property is an ideal choice for investors seeking a lucrative and sought-after asset in the heart of Saint Paul. This historic strip has been a fixture in the community for over 80 years; and is incredibly patronized by loyal and new customers daily. 6 businesses operate at the Merchants of Crocus Hill. Don't miss your chance to own this exceptional property with established tenants and endless potential.

MLS ID: 6372684

Directions: Exit 94W turn South on Dale St

Contact
an Agent

Property Details

Essential Details

MLS #: 6372684

Listing courtesy of: Coldwell Banker Realty

Price: $2,800,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Professional/Office, Professional Service, Restaurant

Total Units: 10

Tenant Pays: All Utilities

Parking Features: Guest Parking

Building Details

Owner Occupied: No

Construction Materials: Wood Siding

AccessibilityFeatures: No Stairs External, No Stairs Internal

Heating: Forced Air

Cooling: Central Air

Year Built: 1923

Foundation Area: 14,895

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Utilities: Electric Separate, Heating Separate, Hot Water Separate

Lot Details

Complex/Dev/Sub Name: Terrace Park Add to, The C

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 23

Survey Section: 01

Survey Township: 28

Taxes

Tax Year: 2023

Tax Amount: $83,876

Assessment Pending: No

Taxes w/Assessments: $81,576

This listing was last updated by Coldwell Banker Realty on 2/26/2024 at 3:32 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 5/4/2024 12:05 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Mortgage
Calculator

Estimate your Monthly Payment

Update the values to calculate a rough estimate of a monthly payment.

Listing Price ($)

Down Payment ($)

Loan Length (years)

Interest Rate (%)

Monthly Payment*

$000

*Note the monthly payment estimate does not include property taxes or insurance.

You are viewing the Rochester, MN site. Switch to: Winona, MN | Twin Cities, MN | La Crosse, WI