$815,000
$833,778
2.3%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 12/14/2021
Key Details
Sold Price $815,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Kellers Sub Of B11 Lyman Dayt
MLS Listing ID 5732688
Sold Date 12/14/21
Year Built 1977
Annual Tax Amount $18,188
Tax Year 2021
Contingent None
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 120x110x119x110
Property Description
New 5-year lease renewal executed, now expiring June 30, 2026. Landlord & Tenant each have the right to terminate the lease by giving the other party 12 months written notice. This gives the new owner options to keep existing income, renegotiate the lease, re-tenant, or owner/occupy with proper notice. O'Reilly's Auto Parts has operated at this location since 1999 & has executed multiple extensions over the years. This prime O'Reilly Auto Parts location is approximately 5,724 sf with a surface parking lot of 20 parking space & sees approximately 21,000 VPD. Located less than a mile from Downtown St. Paul, this property has amazing access & visibility from both directions & is surrounded by dense residential along with new office & retail development. Please do not disturb tenants.
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Paved, Unassigned, Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Professional/Office,Commercial,Retail
Building
Foundation 5724
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District St. Paul
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