Versatile Income-Generating Property in the Heart of St Paul
Discover a unique investment opportunity - a beautifully restored 1915 brick building that seamlessly blends historic charm with modern functionality. Located in downtown St Paul, this property offers immediate income potential across multiple streams. The main floor features two distinct office spaces, each designed for privacy and versatility. The rear section includes industrial/warehouse space with a separate entrance and dedicated parking, accommodating various business needs. Charming upper-level apartment known as the \\"Dilly Dilly\\" room is a cozy one-bedroom, one-bathroom apartment currently operating as a successful short-term rental. Fully furnished and equipped with a full kitchen and washer/dryer, it offers guests a comfortable stay in the hear of the city. The exterior patio area is perfect for relaxation or entertaining. Modern upgrades include a comprehensive renovation in 2020 which enhanced the property's appeal and updated interior and amenities. The roof was resealed in 2024, ensuring durability and peace of mind for future owners. Situated across from a popular coffee shop and within walking distance to restaurants, the property boasts a vibrant setting that attracts both tenants and visitors. With all of the units currently leased, the property generates a robust gross income, making it an ideal investment for those seeking immediate returns. Additional features include - a total of 1,890 sq ft, and efficient heating and cooling with four mini-split zones. Whether you're an investor looking to expand your portfolio or a business owner seeking a versatile space, this property offers a rare combination of historical elegance and modern income potential. For more information or to schedule a viewing, please contact Brenda at Mach1 Realty.
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;