1545 Livingston Ave West Saint Paul, MN 55118
- Warehouses
- 6,700 SF
Current Use by Public Records
- Warehouses
Property Details for 1545 Livingston Ave
- Property size
- 6,700 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0827
- Latitude
- 44.9
