$994,900

1738 University Avenue WSaint Paul, MN 55104

Type: Commercial

1905 Year Built

Description

REDEVELOPMENT OPPORTUNITY ON GREEN LINE LIGHT RAIL! Fabulous 6 parcel grouping of conjoining lots, there are 2 mixed use buildings, two parcels are parking lot, a duplex and a single family home. 20,038 total square feet, T3+ Zoning. Property is .46 acres on light rail within 1 mile of Allianz Soccer Field, Fairview Ave Station, Penn Ave Station, U of M and Midway! Fabulous Location with many conveniences right out of the front door, bring your plans and get your project going today! Parcel ID's are 332923420008,332923420006,332923420009,332923420010, 332923420011,332923420012. Great Opportunity to own property on light rail!

MLS ID: 6477456

Directions: From Snelling Ave, head west on University Ave W. to property.

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Property Details

Essential Details

MLS #: 6477456

Listing courtesy of: Realty Group LLC

Price: $994,900

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Professional/Office, Beauty/Barber Shop, Other, Residential

Total Units: 7

Annual Gross Income: $60,120

Net Operating Income: $40,000

Operating Expense: $12,926

Annual Gross Expense: $12,926

Annual Manager Expense: $7,194

Parking Features: Detached, Asphalt, Shared Driveway, Other, Paved, Units Vary

Garage Dimensions: 20x24

Garage Spaces: 2

Other Parking Spaces: 16

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone, Vinyl Siding, Wood Siding

AccessibilityFeatures: None

Heating: Baseboard, Forced Air

Cooling: None

Style: Mixed Use

Year Built: 1905

Foundation Area: 10,000

Sewer: City Sewer/Connected

Water Source: City Water/Connected, City Water - In Street

Number of Ranges: Five

Number of Refrigerators: Five

Utilities: Electric Common, Electric Separate, Heating Separate

Lot Details

Complex/Dev/Sub Name: Howard Park

Lot Dimensions: 184x121x184x121

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 23

Survey Section: 33

Survey Township: 29

Taxes

Tax Year: 2022

Tax Amount: $12,926

Assessment Pending: Unknown

Taxes w/Assessments: $12,926

This listing was last updated by Realty Group LLC on 4/26/2024 at 1:06 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 5/3/2024 7:45 pm.

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.

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