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829 E 7th St E
Saint Paul, MN 55106
Retail Property For Sale
Investment Highlights
- 2-unit mixed-use property with commercial and residential income
- Off-street parking available for three or more vehicles
- Prime corner location with strong vehicle and pedestrian traffic
- Located minutes from downtown Saint Paul in a growing East 7th Street corridor
Executive Summary
829 7th Street E is a well-located 2-unit mixed-use property positioned at the highly visible corner of East 7th Street, Arcade Street, and Minnehaha Avenue in Saint Paul’s East Side. The asset comprises one street-level commercial space and one rear residential apartment, generating $28,500 in current gross income with an in-place NOI of $17,275 and market NOI of $18,475. Zoned T2 Traditional Neighborhood, the property offers a flexible investment opportunity for an owner-user or investor seeking stable cash flow in a rapidly reinvesting corridor near downtown Saint Paul.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,160 SF
Building Class
C
Year Built
1900
Price
$378,235 CAD
Price Per SF
$175.11 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
T2 - Traditional Neighborhood
Parking
3 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
34’ on 7th St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 33-29-22-22-0109 | Improvements Assessment | $75,234 CAD |
| Land Assessment | $55,016 CAD | Total Assessment | $130,250 CAD |
Property Taxes
Parcel Number
33-29-22-22-0109
Land Assessment
$55,016 CAD
Improvements Assessment
$75,234 CAD
Total Assessment
$130,250 CAD
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