$1,350,000 USD
866-889-0550
189-191 7th St E
Saint Paul, MN 55101
Arts District
HIGHLIGHTS
- 19-unit dormitory-style multifamily in Downtown Saint Paul's entertainment district
- Below-market rents with value-add upside through rent repositioning
- Historic 1885 asset eligible for up to 40% in Historic Rehabilitation Tax Credits
- Recent capital improvements: new rubber roof (2022) and new boiler (2025)
- Same owner for ~40 years with consistent stewardship and stable tenant base
- Walkable to CHS Field, Union Depot, Capitol Complex, dining, and nightlife
FOR SALE DETAILS
PRICE
$1,350,000 USD
PRICE/SF
$79 USD /SF
CAP RATE
10.33%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walsh Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1889
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.09 AC
LAND SF
4,078 SF
ZONING
B-5
APN/PARCEL ID
31-29-22-44-0010
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