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1545-1551 Livingston Ave - City Center

4,815 - 6,700 SF Light Industrial Units Offered at £457,293 - £664,069 Per Unit in Saint Paul, MN 55118

INVESTMENT HIGHLIGHTS

  • 100% leased

EXECUTIVE SUMMARY

Property has been owned and operated by Langer Real Estate for the last 30+ years. Broker discloses that they are the owner of the property.

PROPERTY FACTS

Price £457,293 - £664,069
Unit Size 4,815 - 6,700 SF
No. Units 2
Total Building Size 24,231 SF
Property Type Office
Property Subtype Medical
Building Class B
Number of Floors 1
Typical Floor Size 24,231 SF
Year Built 1984
Lot Size 1.96 AC
Parking Ratio 4.42/1,000 SF
Opportunity Zone Yes

2 UNITS AVAILABLE

Unit 1545

Unit Size 6,700 SF
Price £664,069
Price Per SF £99.11
Unit Use Light Industrial
Sale Type Owner User
DESCRIPTION

100% leased with with 80% office medical.  20% warehouse with drive-in door.  There is a potential for a second drive-in door.

SALE NOTES

Unique opportunity for an owner-user interested in having rental income. Association includes all grounds maintenance. Detailed lease information available upon request and signed NDA. Estimated HOA dues are $1.56 psf and estimated property taxes are $2.62 psf

Unit 1547

Unit Size 4,815 SF
Price £457,293
Price Per SF £94.97
Unit Use Light Industrial
Sale Type Owner User
DESCRIPTION

100% leased with 30%+ warehouse with two 10x10 drive in doors.

SALE NOTES

Unique opportunity for an owner-user interested in having rental income. Association includes all grounds maintenance. Detailed lease information available upon request and signed NDA. Estimated HOA dues are $1.56 psf and estimated property taxes are $2.62 psf.

AMENITIES

  • Property Manager on Site
  • Signage

ZONING

Zoning Code PUD (Planned Unit Development - allowing for up to 30% warehouse/storage and potential 50% of CUP (Conditional Use Permit).)
PUD (Planned Unit Development - allowing for up to 30% warehouse/storage and potential 50% of CUP (Conditional Use Permit).)
  • Listing ID: 32467081

  • Date on Market: 15/07/2024

  • Last Updated:

  • Address: 1545-1551 Livingston Ave, Saint Paul, MN 55118

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