Property Type:Commercial Sale
On Site:71 Days
Lot Size:0.12 Acres
MIXED USE property & biz for sale, with the ability to own and operate the Liquor Store immediately if desired. Great opportunity to buy a building and take over the existing liquor store at no extra costs. You will need to obtain your own liquor license if you decide to run the liquor store. Or buy the building and let somebody else open a liquor store or any other business. Previous liquor store owner was paying $1800/mo in rent. City currently widening street to bring more traffic to the businesses. Included in the sale is: 2 apartments on the upper level, a large kitchen space and a liquor store on the main level, and a finished storage and office space on the lower level. Kitchen space is leased for $850/mo (lease ends 4/30/2024). Apt #1 is leased for $1,100/mo (lease ends 11/30/2023). Apt #2 is leased for $978/mo (m 2 m lease). Rear parking lot for 4-6 cars.
$000 Monthly Payment
Loan and interest only.
Address:1047 Hudson Road, Saint Paul, MN 55106
School District:St. Paul
Features / Amenities
Appliances: Range, Refrigerator
Amenities: Balcony, Hardwood Floors
Cooling: Window Unit(s)
Fuel: Natural Gas
Lot Size: 0.12 Acres
Lot Features: Public Transit (w/in 6 blks)
Utilities: Heating Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street, Curbs, Sidewalks, Storm Sewer
Directions:Hudson Road 1/2 Block West of Earl Street
Tax and Financial Info
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Rental License
Tax Year: 2023
Tax Annual Amount: $5,506
Water / Sewer Expense: $3,478
Fuel Expense: $6,595
Gross Income: $56,746
Net Income: $46,672.78
WALKING AND TRANSPORTATION
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Listing Information Last Updated 11/29/2023
Listing provided courtesy of RE/MAX Results.
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