201 Concord Exchange South Saint Paul, MN $ 1,200,000
201 Concord Exchange
$ 1,200,000

201 Concord Exchange

South Saint Paul, MN, 55075
$ 1,200,000
Bedrooms Baths0.0

Monthly Estimate*

$ 5,722

How much can I afford?
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Commercial Property for sale in South Saint Paul, MN

for $1,200,000. This building was built in 1903 on a lot size of 144x120.

Currently there are 6 tenants with 70% vacancy (35 vacant rooms and 3 vacant open spaces). Huge potential for a lot more income! The 6 tenants have gross yearly income of $28, 660. The tenants are a mortgage company, a title company, a real estate company, a message parlor, a marketing company, etc. All the tenants are on a M to M lease.The lease sqfts are going for $12/sqfts. Two level and 2 basement (one basement is finish and one is not). The city would like the owner to open a restaurant, therefore there is a vacant area for a restaurant if needed. One tenant leased the finished basement. Owner pays all utilities and maintenance including garbage. Building has 10 bathrooms. 36 parking spaces are rented from the city which the seller pays $234/mo. Buyer my lease more parking space from the city if needed. The skyway & the large parking lot belong to the city. Next to parking lot will be an apartment building (to be built). NEW roof & NEW AC. Two PIDs: 00 and 40

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 20,220

Style

Commercial

Lot Size

144x120

Year Built

1903

Town/City

South Saint Paul

County/Region

Dakota

MLS | Web ID

5197412

Features
Interior
Cooling System Central Air
Heating Source Natural Gas
Heating System Forced Air Hot Water
Sewer City Sewer
Water Source City Water
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Exterior
Driveway Asphalt Driveway
Land Improvements Curbs Sidewalks
Lot Description Corner
Parking Open Parking Parking Spaces - multiple Unassigned Parking
Road Frontage City Street Paved
Roof Flat Roof
Siding Brick
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Miscellaneous
Accessibility Bath - Grab Bars
Commercial Sale Includes Building Sale Includes Leases
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* Excluded Features
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Affordability Calculator

$7,407
Per Month
77%
23%
0%
Monthly Principal & Interest
$5,722
Monthly Property Taxes
$1,685
Monthly Home Insurance
--
Edit Insurance and Taxes
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
6 - South St. Paul School District

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201 Concord Exchange , South Saint Paul, MN, 55075 is a Commercial Property for sale at $1,200,000 with a lot size of 144x120. 201 Concord Exchange has 0.0 baths and was built in 1903. The property's zip code is 55075 which is in South Saint Paul, MN