Mixed-Use Commercial
1032 7th Street W Saint Paul, MN 55102
1032 7th Street W, Saint Paul, MN, 55102
$1,120,000
For Sale
$1,120,000
Three-level mixed-use building with rooftop deck, full basement, and elevator access to all floors.
Property Size7,926 SF
Price / SF$141.31
Days on Market120
Property Features for 1032 7th Street W
General Information
- Standard status
- Active
- Size
- 7,926 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1913
Listing agency
Keller Williams Classic Rlty NW
(763) 226-7911
Listed by
Amber Lange · License #40077597
(763) 226-7911
Source
Xome
Added: Mar 24 Updated: Jul 20 at 6:19PM Checked: Jul 21 at 3:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Classic Rlty NW
Investment Insights
Based on property information with market context.
This versatile mixed-use commercial building totals 7,926 SF across three levels, originally built in 1913. The property includes a rooftop deck and a full basement with 8-foot ceilings. An elevator serves all floors, including the lower level, supporting straightforward access throughout the building.
Zoned B2 Community Business, the space allows office, retail, mixed residential, and other commercial uses, with cannabis retail permitted. The building is supported by heavy power, including a 3-phase, 600-amp, 208V electrical service. For parking and customer access, the property offers 3 dedicated parking stalls plus abundant street parking, and there is a bus stop directly outside.
Zoned B2 Community Business, the space allows office, retail, mixed residential, and other commercial uses, with cannabis retail permitted. The building is supported by heavy power, including a 3-phase, 600-amp, 208V electrical service. For parking and customer access, the property offers 3 dedicated parking stalls plus abundant street parking, and there is a bus stop directly outside.
Key Highlights
- 7,926 SF, three‑level mixed‑use commercial building built in 1913 with rooftop deck and full basement
- Elevator serves all floors, including the lower level
- 8‑foot ceilings in the full basement
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.9k | $22.32 |
| − Vacancy | −$45.8k | −$5.78 |
| EGI | $131.1k | $16.54 |
| − OpEx | −$32.8k | −$4.13 |
| NOI | $98.3k | $12.40 |
7,926 SF · lease $22.32/SF/yr · vacancy 25.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,317 @ 7.0% cap · market cap 8.78%
Second Best
Mixed Use
$1.35M
$1.18M – $1.57M
NOI $94,161 @ 7.0% cap · market cap 8.41%
Theoretical Best
Healthcare Medical
$1.95M
$1.71M – $2.28M
NOI $136,533 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-level mixed-use building with rooftop deck, full basement, and elevator access to all floors.
Where is this mixed-use property located?
The property is located at 1032 7th Street W Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: 7,926 SF, three‑level mixed‑use commercial building built in 1913 with rooftop deck and full basement; Elevator serves all floors, including the lower level; 8‑foot ceilings in the full basement
