651 Arcade ST, Saint Paul, MN 55106
651 Arcade ST, Saint Paul, MN 55106
651 Arcade ST, Saint Paul, MN 55106
651 Arcade ST, Saint Paul, MN 55106
651 Arcade ST, Saint Paul, MN 55106
651 Arcade ST, Saint Paul, MN 55106
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Jamie Novak

Jamie Novak

+1(952) 607-6963
$ 1,050,000
Est. payment | /mo

0.29 Acres Lot

Save
$ 1,050,000
Est. payment | /mo
Save

0.29 Acres Lot

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

Listed by Mohamed Abdulle • Northstar Real Estate Associates

NEARBY SCHOOLS & PROPERTIES

Jamie Novak

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(952) 607-6963

jamie@mnpremierteam.com

7811 Great Plains Blvd, Chanhassen, MN 55317, USA

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651 Arcade ST