651 Arcade Street, Saint Paul, MN 55106
sale
$1,050,000
|
Office
Courtesy Of NorthStar Real Estate Associates
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Cooling System: Central Air
- Heating System: Forced Air
- MLSID: 7152891
- Rooms: Basement
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