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Listed by Megan Wilson RE/MAX Results
$ 799,000
Est. payment | /mo
8,000 SqFt
$ 799,000
Est. payment | /mo
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $99
MLS Listing ID LSA6127856
HOA Y/N No
Year Built 1883
Annual Tax Amount $8,074
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 100 x 40
Property Sub-Type Commercial
Source lsar
Property Description
Great investment opportunity that generates an average of $11,900 in rental income monthly. 4 main level storefronts are rented and bringing in $3,900/month. The upper "loft" brings in $8,000 per month in rental income and has a 10 year history of consistent income. The loft hosts a spacious living area with windows lining the space and natural light pouring in. There are 3 bedrooms, 3 baths, a hot tub, full kitchen, and lots of space to lounge and play. Upstairs is being sold fully furnished and has been used as a STR and has a history of steady income. Between the 5 rentable spaces, this property has established rental income that has been consistent for back to back years. Schedule a tour today and see if this is an investment you'd like to add to your portfolio.
Location
State MN
County St. Louis County
Area Lsar
Direction corner of W 1st St and 1st Ave W
Rooms
Basement Full
Interior
Heating Natural Gas
Inclusions Building
Exterior
View Y/N No
Roof Type Flat
Garage No
Building
Foundation Stone
Sewer Public Sewer
Water City
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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Anthony Jennings
Broker-Owner Lic# 44683-90