449 7th St E 4,830 SF 26% Leased Retail Building Saint Paul, MN 55101 $450,000 ($93.17/SF)
INVESTMENT HIGHLIGHTS
- 4,830 Total SF
- Great Visibility with Strong Traffic Counts
- Two Tenants – Subway & Absolute Bail Bonds
- Easy Access to Highways
EXECUTIVE SUMMARY
Results Commercial is pleased to present for sale 449 7th Street East, St. Paul, MN 55101. Conveniently located in St. Paul with excellent visibility and easy access to highways and the Twin Cities. Comprised of three floors totaling 4,830 SF with Subway on the 1st floor and Absolute Bail Bonds on the 2nd floor.
Zoned I1 – Light Industrial, there are many permitted uses including mixed use residential & commercial, day care, office, or general retail. With Subway vacating November 2025, this is a great opportunity for a new owner to occupy the space or have the option to sign a new tenant for added income.
There are 6 dedicated parking spaces immediately outside the front entrance, with potential for additional parking, adding value and eliminating the hassle of inner-city parking.
Contact Listing Brokers, Mark@resultscommercial.com & Sawyer@resultscommercial.com, for more information or schedule a tour.
Zoned I1 – Light Industrial, there are many permitted uses including mixed use residential & commercial, day care, office, or general retail. With Subway vacating November 2025, this is a great opportunity for a new owner to occupy the space or have the option to sign a new tenant for added income.
There are 6 dedicated parking spaces immediately outside the front entrance, with potential for additional parking, adding value and eliminating the hassle of inner-city parking.
Contact Listing Brokers, Mark@resultscommercial.com & Sawyer@resultscommercial.com, for more information or schedule a tour.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,830 SF
Building Class
C
Year Built
1883
Price
$450,000
Price Per SF
$93.17
Percent Leased
26%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.77
Lot Size
0.04 AC
Zoning
I1 - Light Industrial - I1 - Light Industrial
Parking
6 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
28’ on 7th St E
AMENITIES
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-29-22-32-0012 | Total Assessment | $419,500 (2023) |
| Land Assessment | $20,900 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $398,600 (2023) | Tax Year | 2024 |
