Property summary
This exceptional commercial property, located at 1014 Dale Street North in Saint Paul, Minnesota, presents a unique investment opportunity. The building, situated on a corner lot, boasts excellent visibility and is zoned B3, allowing for a diverse range of potential uses. The existing plumbing infrastructure makes it particularly well-suited for a medical facility, while its versatility also lends itself to other commercial ventures. The property features a spacious main floor encompassing 3,355 square feet and a sizable lower level of 1,806 square feet. A key advantage is the walk-out lower level, offering the potential for conversion into a two-unit building, significantly increasing rental income or expanding the owner-occupant space. Dedicated parking is conveniently located at the rear of the building, providing ample space for tenants or clients. The asking price for this remarkable property is $680,000. This presents a compelling opportunity for both investors seeking a strong rental income stream and owner-occupants looking for a versatile and strategically located commercial space in a thriving Saint Paul neighborhood. The property's size, zoning, and location combine to create a truly exceptional investment prospect. The zip code is 55117, and the property is in Ramsey County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M · Saint Paul, MNZoning
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Zoning designation
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