1547 Livingston Ave West Saint Paul, MN 55118
- Warehouses
- 4,815 SF
Current Use by Public Records
- Warehouses
Property Details for 1547 Livingston Ave
- Property size
- 4,815 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a 4,815 square foot Class B multi-tenant property located at 1547 Livingston Ave, West Saint Paul, MN 55118. The property is comprised of executive office and warehouse space, currently boasting 95% occupancy under a gross lease structure. The asking price is $575,000, representing an attractive 8.00% cap rate. An additional 2,250 square feet of space is projected to become occupiable within six months, further enhancing the investment potential. The property benefits from an established tenant base and offers a unique owner-user opportunity with existing rental income. Estimated annual HOA dues are $1.56 per square foot, covering all grounds maintenance, while estimated property taxes are $2.62 per square foot. Detailed lease information and financial statements are available upon request and execution of a non-disclosure agreement. The property has a long history of successful operation.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0831
- Latitude
- 44.8999
