For Sale: Saint Paul MLS# 7040214
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Property Description
Versatile mixed-use opportunity in a prime location on Rice Street, north of University Avenue. This
two-story commercial property offers both income potential and flexible use options.
The upper level features two residential units, including a spacious 3-bedroom filled with
character—showcasing beautiful natural woodwork, 9-foot ceilings, and abundant natural light. The second
unit is a comfortable 1-bedroom with access to a private walk-out deck, perfect for added tenant appeal.
The main level is well-suited for a variety of uses including office, retail, storefront, or professional
services, making it ideal for owner-occupants or investors alike. The property is zoned mixed-use,
providing excellent flexibility for future use.
Additional highlights include updated electrical capacity with 400 amp breakers on the main level and a
separate 100 amp service for the upper level.
Positioned in a convenient and high-visibility corridor, this property also benefits from planned road
improvements scheduled for 2027—with no assessment to the owner.
A unique opportunity to own a multi-functional property in a growing area.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$675,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1923
State:
MN
Property Style:
2 Stories
Zip Code:
55117
Neighborhood/Area:
97
Subdivision Name:
Barney Norton&Kingsley Secnd
Interior
Ceiling Height:
8-10
Flooring:
Carpet, Concrete Slab, Wood
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
400 ft2
Air Conditioning:
Central Air
Foundation Size:
2,762 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Radiator
Parking Features:
- Attached Garage
- Parking Lot
- Paved Lot
Unit Amenities:
- Balcony
- Ceiling Fan(s)
- French Doors
- Kitchen Window
Road Frontage:
City Street
Lot & Land
Acres:
0.224
Geolocation:
44.976218, -93.106298
Inclusions:
Building, Land
Lot Dimensions:
78.5 x 124.6
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Schools
School District:
2102
District Phone:
6517678100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$12,082
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$12,082
Units
Total Units:
3
Miscellaneous
Current Use:
Professional Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of White Oaks Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.