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$2,600,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
11/07/2024 08:44 PM
Key Details
Property Type Commercial
Sub Type Office,Retail
Listing Status Active
Purchase Type For Sale
Subdivision Terrace Park Add To, The C
MLS Listing ID 6551180
Year Built 1923
Annual Tax Amount $91,626
Tax Year 2024
Contingent None
Lot Size 0.340 Acres
Acres 0.34
Property Description
Introducing 611 Grand Ave, a prime commercial property in the heart of Saint Paul's bustling Historic Hill District. Home to six thriving businesses, this historic property has been a community fixture for over 80 years, drawing loyal patrons and steady foot traffic from nearby shops, restaurants, and cafes on Grand Avenue. It offers an excellent opportunity for investors with its reliable rental income and potential for a Historic Tax Credit Rehabilitation project. Seller is willing to offer a contract for deed with $1 million down and $9,000 monthly payments—a rare chance to own this sought-after asset in a vibrant, high-demand location.
Location
State MN
County Ramsey
Zoning Business/Commercial
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central Air
Inclusions Fixture/Equipment
Fireplace No
Exterior
Parking Features Guest Parking
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Professional/Office,Professional Service,Restaurant
Building
Lot Description Corner Lot
Foundation 14895
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
Schools
School District St. Paul
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Listed by Estrella Carter • Coldwell Banker Realty