MN > Saint Paul > Mckentys Out Lts To, St Paul
Saint Paul, MN 55117,879 Rice ST
Saint Paul, MN 55117,879 Rice ST
Saint Paul, MN 55117,879 Rice ST
9
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$148,000
$250,000 40.8%
Est. payment /mo
8,712 Sqft Lot
Sold on 01/27/2023

879 Rice ST Saint Paul, MN 55117

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Team Steady
Team Steady

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Key Details

Sold Price $148,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Mckentys Out Lts To, St Paul

MLS Listing ID 6222395

Year Built 1888

Annual Tax Amount $7,729

Tax Year 2022

Lot Size 8,712 Sqft

Property Description

Great opportunity to purchase this mixed-use building as either owner-occupied or an investment for positive cash flow. The main floor operates as a bar and the apartment on the upper level needs improvement. The main-floor tenant pays $2,000 per month and the lease expires in 8-31-2025. The billboard on the roof has a lease with income of $2,522.47 and it expires on 10-31-2026. Total income is $2,210/mo. 12 on site parking spaces. Zoned T2 – Traditional Neighborhood. Stand-alone, corner lot on Milford & Rice Streets with 4 lots. Main floor is full bar. Upstairs apartment has a kitchen, a large living room, a half bathroom with space to add a shower. Buyer may renovate the upper level to add more income.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Asphalt, Paved, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Building

Lot Description Corner Lot

Foundation 1449

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District St. Paul

Listed by Yu Jie Chen • RE/MAX Results

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Team Steady

+1(952) 607-7436

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879 Rice ST

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