For Sale Commercial MLS# 7152891

651 Arcade Street

Saint Paul, MN 55106

$1,050,000

northstar-of-minnesota-regional-multiple-listing-service-of-minnesota-inc-rsd logo

About 651 Arcade Street

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1964
Living area
10,169 sqft
Price / sqft
$103
Lot
0.294
Original price
$1,050,000
MLS #
7152891

Interior

Features
Central Air, Forced Air, Full
Heating
Forced Air
Cooling
Central Air

Exterior & lot

Features
Stone, Vinyl, Open
Construction
Combination
Foundation
Combination
Lot
322922110119, Office, Other
Parking
Open

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Sewer - In Street, City Water/Connected, City Water - In Street, Heating Common
Water
City Water/Connected, City Water - In Street
Sewer
City Sewer/Connected, City Sewer - In Street

Financial

Financial
northstar
Annual tax
$18,410
Tax year
2026
Parcel
322922110119

Location

Subdivision
Margaret Place
County
Ramsey
Neighborhood
Dayton's Bluff
Community
Ramsey, northstar, St. Paul
Directions
From I-94 E take 243 for Mounds Blvd, continue straight onto 6th St E, slight left onto N Arcade St.

Location

Neighborhood
Dayton's Bluff
Subdivision
Margaret Place
School district
St. Paul Public School District

Ask about this property

Questions on 651 Arcade Street, Saint Paul, MN 55106, or want to see it in person?

Listed by Mohamed Abdulle, Northstar Real Estate Associates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.