Margaret Fernandez
Property Description
Excellent Mixed-Use Investment Opportunity on East side of St. Cloud. Don't miss this outstanding mixed-use investment opportunity in St. Cloud. This income producing property features three separate units, including one retail/commercial space and two residential apartments. One apartment is currently operating as a successful Airbnb medium-term rental and will be conveyed fully furnished, providing a turnkey investment opportunity. All three units are currently tenant-occupied, generating strong, consistent cash flow. Each apartment includes its own dedicated laundry area for added tenant convenience. The current owner has completed numerous updates, including, new windows and exterior doors, complete renovation of the Airbnb apartment, new boiler for the front part of the building, new water heater for the rear apartment, updated light fixtures and newer appliances and additional improvements throughout. The property also offers private off-street parking alongside the building, adding value for both residential and commercial tenants.Whether you're looking to expand your investment portfolio or acquire a versatile, income-generating property, this mixed-use building is an exceptional opportunity.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.11 Acres
Roof Type: Age Over 8 Years, Flat
Stories: 2.0
Taxes: $3,768
Year Built: 1887
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Basement: Full, Unfinished
Current Use: Commercial, Residential
Days on Site: 84
Foundation Size: 1460
Lot: Public Transit (w/in 6 blks), Zero Lot Line
Lot Dimensions: 48 X 100
Owners Expense: Electricity, Gas, Insurance, Taxes
Parcel#: 170014600
Parking: Asphalt, More Parking Onsite for Fee, Open
Road Frontage: City Street, Paved Streets, Sidewalks
Sale Includes: Building
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Gas
Units: 3
Utilities: Electric Common, Electric Separate, Heating Separate, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Cloud
Listed By / Shown By
Listed By
Agency Name: Oak Realty LLP
Agency Phone: 320-274-5737
Shown By
Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty
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418 E Saint Germain Street | MLS# 7118099
This commercial property located at 418 E Saint Germain Street, Saint Cloud, MN 56304 is currently listed for sale with an asking price of $325,000. E Saint Germain Street is located within the St. Cloud school district. Search Saint Cloud real estate on mfernandez.counselorrealty.com today.