879 RICE STREET

879 Rice Street, Saint Paul, 55117, MN

FEATURES

DETAILS

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 2 years. The billboard on the roof has income of $200/mo with 9 years left in lease. Total income is $2,200/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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: Full, Stone/Rock, Unfinished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Central Air

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 1449ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 164.5 x 52

  • Longitude: 44.9677

  • Latitude: -93.1062

  • Zoning: Business/Commercial

FINANCIAL & TAXES

  • Tax year: 2022

  • Tax annual amount: $7,729

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST6222395

  • Listing Brokerage: RE/MAX Results Agency Icon

ID: 875672
Published: June 18, 2022
Last Update: June 18, 2022
Views: 123