Saint Paul, MN 55117,879 Rice ST
Saint Paul, MN 55117,879 Rice ST
Saint Paul, MN 55117,879 Rice ST
9
$148,000
$250,000
40.8%
Est.Price: ?

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8,712 Sqft Lot

879 Rice ST Saint Paul, MN 55117

Est. payment /mo
SOLD DATE : 01/27/2023

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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

Sold Date 01/27/23

Year Built 1888

Annual Tax Amount $7,729

Tax Year 2022

Contingent None

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 164.5 x 52

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

Rooms

Basement Full, Stone/Rock, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Cooktop, Freezer, Range, Refrigerator

Exterior

Garage Asphalt, Paved, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Commercial,Other,Retail,Bar/Tavern

Building

Lot Description Corner Lot

Foundation 1449

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District St. Paul

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Listed by Yu Jie Chen • RE/MAX Results

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