999 Hudson Rd Saint Paul, MN 55106
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Mixed-use building, strong cash flow
Property size:
10,123 SFProperty Features for 999 Hudson Rd
General Information
- Property type
- Retail space
- 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
Listing Agent: Scott Kragness
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.058269288291
- Latitude
- 44.952316345559
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FAQs
What type of property is this?
Retail space - Mixed-use building, strong cash flow
Where is this retail space 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.
