1050 Selby Ave Saint Paul, MN 55104

This exceptional mixed-use property, located at 1048 & 1050 Selby Avenue in Saint Paul, Minnesota, presents a compelling investment opportunity. The building, constructed in 1915 and extensively renovated between 2021 and 2023, encompasses 4,794 square feet on a 0.1-acre lot. The property features a desirable blend of commercial and residential space, currently operating at 75% occupancy. The main floor offers ideal space for retail or office use, while the second floor houses two apartments—a two-bedroom and a three-bedroom unit. The asking price is $625,000, translating to $130.37 per square foot. Recent updates include HVAC and A/C system improvements. The property includes a four-stall surface parking lot and benefits from Mixed Residential/Commercial zoning within Ramsey County, zip code 55104. This multi-tenant investment opportunity is situated in a prime Saint Paul location, just east of Lexington Avenue, offering strong potential for rental income and future appreciation. The two-story building provides a unique blend of commercial and residential uses, making it an attractive option for investors seeking a diversified portfolio.