1545 Livingston Ave, West Saint Paul, MN 55118
This exceptional investment opportunity presents a 6,700 square foot multi-tenant property in the thriving City Center Business Park of West Saint Paul, Minnesota. The property, classified as a Class B building, offers a compelling blend of medical office and warehouse space, currently boasting 95% occupancy. The asking price is $835,000, representing an attractive 8.00% capitalization rate. The lease structure is gross, simplifying management. Currently, 1,115 square feet is immediately available for occupancy. This presents a unique opportunity for an owner-user seeking both rental income and their own space. The property benefits from an active homeowner's association that covers all grounds maintenance, with estimated dues at $1.56 per square foot. Estimated property taxes are $2.62 per square foot. Detailed lease information, including specifics on the current tenants, is available upon request and execution of a non-disclosure agreement. The property has a long and stable history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.