Property profile

1545 Livingston Ave West Saint Paul, MN 55118

OFF-MARKET
Warehouses
6,700 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 6,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1545 Livingston Ave West Saint Paul, MN 55118
West Saint Paul metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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