This updated mixed-use building, remodeled in 2023, has all units, including commercial spaces, fully leased. A fantastic opportunity just 5 minutes from the State Capitol.
MLS ID: 7014111
Directions: 94 East to Capital St exit, left on Capitol, left on Rice to the property.
MLS #: 7014111
Listing courtesy of: Keller Williams Realty Integrity Lakes
Price: $2,180,000
Type: Commercial
Contingency: None
Foreclosure: Not Disclosed
Zoning: Business/Commercial, Residential-Multi-Family
Current Use: Professional/Office, Residential
Total Units: 11
Annual Gross Income: $222,180
Net Operating Income: $168,402
Operating Expense: $53,778
Tenant Pays: Cable TV, Electricity, Gas, Heat, Telephone
Owner Pays: Common Area Maintenance, Grounds Care, Pest Control, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parking Features: Parking Lot, Open
Owner Occupied: No
Construction Materials: Frame
AccessibilityFeatures: Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles
Roof: Age 8 Years or Less
Heating: Forced Air
Cooling: Central Air
Year Built: 1890
Foundation Area: 4,665
Amenities - Unit: City View, Kitchen Window, Washer/Dryer Hookup, Walk-In Closet
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Refrigerators: One Per Unit
Utilities: Electric Separate, Heating Separate, Hot Water Common
Complex/Dev/Sub Name: Lewis Add To, St Paul
Lot Dimensions: Common
Road Frontage: City Street
District: St. Paul
District Number: 2102
District Phone: 6517678100
County: Ramsey
Survey Range: 22
Survey Section: 30
Survey Township: 29
Tax Year: 2025
Tax Amount: $51,834
Assessment Pending: No
Taxes w/Assessments: $51,834
This listing was last updated by Keller Williams Realty Integrity Lakes on 1/28/2026 at 4:57 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 2/1/2026 1:25 am.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM 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 ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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