Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    999 Hudson Rd Saint Paul, MN 55106

    Sponsored
    For Sale
    $875,000

    Mixed-use building, strong cash flow

    Property size:
    10,123 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 999 Hudson Road, St. Paul, Minnesota, presents a unique investment opportunity. The 10,123 square foot building, constructed in 1964 and renovated in 2015, sits on a 0.25-acre lot and is zoned for both business and residential single-family use. Currently operating at 100% occupancy since February 1, 2023, the property features a highly visible main floor laundromat and two second-floor apartments, all under a single ownership. The laundromat boasts 17 IPSO washers and 22 stacked dryers, along with supplies, parts inventory, two flat-screen TVs, and surveillance equipment for remote monitoring. The building's current leases have a remaining term of approximately 0.1 years, expiring December 31, 2024, with a lease commencement date of September 1, 2022. The asking price is $875,000, translating to $86.44 per square foot. The seller is currently undertaking a roof replacement and subdividing an adjacent vacant lot. This turnkey operation offers a solid cash flow and is ideally located near St. Paul's vibrant restaurants, bars, and shopping areas. The property's strong operating history and current high occupancy make it an attractive investment for owner-users seeking a blend of commercial and residential income streams. The building is a Class C property with three units and two tenants. The property is currently 100% occupied.

    Property Features for 999 Hudson Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,123 SF
    Class
    C
    Lot Size
    10,890 SF

    Building Details

    Year Built/Renovated
    1964/2015
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • Turnkey laundromat and two‑unit apartment building in St. Paul, MN.
    • Excellent location near apartments, restaurants, and shopping.
    • Includes 17 IPSO washers and 22 stacked dryers, plus supplies, parts, and two flat‑screen TVs.
    • Equipped with surveillance system for remote monitoring.
    • Strong operating history and consistent cash flow; 100% occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.058269288291
    Latitude
    44.952316345559

    Nearby Similar for Sale

    • New
      $895,000
      0.14 Acres

      Grand Avenue Commercial Opportunity

      Well-maintained commercial property on historic Grand Avenue in Saint Paul.
      951 Grand Ave, Saint Paul, MN 55105
      View Details
    • $799,900
      0.18 Acres

      Saint Paul Multifamily Investment

      Updated multifamily property in Ramsey Hill, Saint Paul.
      609 Portland Ave, Saint Paul, MN 55102
      View Details
    • $775,000
      0.77 Acres

      Eagan Commercial Building with Exposure

      Well-maintained commercial building with high visibility and ample parking.
      3345 Lexington Ave S, Saint Paul, MN 55121
      View Details
    • $769,900
      0.14 Acres

      Remodeled Mid-Century Office Building

      Remodeled office building in the heart of the West Side.
      711 Smith Ave S, Saint Paul, MN 55107
      View Details
    • New
      $750,000
      0.11 Acres

      Saint Paul Bar and Lounge

      Eastside bar and lounge with a two-bedroom apartment.
      1112 Arcade St, Saint Paul, MN 55106
      View Details
    • $625,000

      Remodeled Condo/Event Space in St. Paul

      Remodeled condo/event space in historic Rossmor building, downtown St. Paul.
      125 9Th St E, Saint Paul, MN 55101
      View Details
    • $525,000
      0.07 Acres

      Remodeled Mixed-Use Investment Property

      Four-unit mixed-use property in St. Paul, fully leased.
      609 Dale St N, Saint Paul, MN 55103
      View Details
    • $629,000
      0.10 Acres

      Saint Paul Brick Apartment Building

      Well-maintained 5-unit apartment building in prime St. Paul location.
      269 Oxford St N, Saint Paul, MN 55104
      View Details
    • $900,000
      Pending

      Oakdale Office Building For Sale

      Professional office building in Oakdale with great location and exposure.
      434 Hale Ave N, Saint Paul, MN 55128
      View Details
    • Contact for pricing

      Remodeled Condo/Event Space in St. Paul

      Remodeled condo/event space in historic Rossmor building, downtown St. Paul.
      125 9Th St E, Saint Paul, MN 55101
      View Details
    • $55,000
      0.20 Acres

      Saint Paul Land Opportunity

      Residential land suitable for multi-family development in Saint Paul.
      212 Maple St, Saint Paul, MN 55106
      View Details
    • $600,000
      0.18 Acres

      Saint Paul Multifamily Investment

      Cash-flowing six-unit building with garage and potential income growth.
      929 Aurora Ave, Saint Paul, MN 55104
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Mixed-use building, strong cash flow
    Where is this individual retail property located?
    The property is located at 999 Hudson Rd Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Turnkey laundromat and two-unit apartment building in St. Paul, MN.; Excellent location near apartments, restaurants, and shopping.; Includes 17 IPSO washers and 22 stacked dryers, plus supplies, parts, and two flat-screen TVs.
    Request Owner's contact information
    999 Hudson Rd Saint Paul, MN 55106
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    999 Hudson Rd
    Saint Paul, MN 55106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    999 Hudson Rd Saint Paul, MN 55106
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.