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$1,050,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Margaret Place
MLS Listing ID 7152891
Year Built 1964
Annual Tax Amount $18,410
Tax Year 2026
Contingent None
Lot Size 0.294 Acres
Lot Dimensions 99x123
Property Description
Excellent Investment Opportunity – Child Care Center Building! The owner has invested over $300,000 in renovations, creating a well-appointed facility ready for continued use as a child care center. The property is currently leased for $8,000 per month with a 5-year lease term and an option to renew for an additional 5 years. The tenant is responsible for all utilities, providing the owner with a favorable expense structure. A strong opportunity for an investor seeking a leased commercial property with established income and significant improvements already completed.
Location
State MN
County Ramsey
Zoning Business/Commercial
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Leases
Fireplace No
Exterior
Parking Features Open
Utilities Available Heating Common
Present Use Office,Other
Building
Lot Description Corner Lot
Foundation 4400
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water/Connected, City Water - In Street
New Construction false
Schools
School District St. Paul
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Listed by Mohamed Abdulle • Northstar Real Estate Associates
Nearby School & Business
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Eric Seeger
Agent | Land Pro License ID: 7338094
Agent | Land Pro License ID: 7338094