FOR SALE 1564 W. 7TH ST SAINT PAUL, MN 55102 · City, State, Zip Saint Paul, MN 55102...

FOR SALE 1564 W. 7TH STSAINT PAUL, MN 55102

Presented By:

Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]

PROPERTY INFORMATION 3

PROPERTY PHOTOS 8

LOCATION INFORMATION 18

ABOUT THE CITY OF ST. PAUL 21

DEMOGRAPHICS 24

ContentsConfidentiality & DisclaimerAll materials and information received or derived from RE/MAX Results - Commercial Group its

directors, officers, agents, advisors, affiliates and/or any third party sources are provided without

representation or warranty as to completeness , veracity, or accuracy, condition of the property,

compliance or lack of compliance with applicable governmental requirements, developability or

suitability, financial performance of the property, projected financial performance of the property

for any party’s intended use or any and all other matters.

Neither RE/MAX Results - Commercial Group its directors, officers, agents, advisors, or affiliates

makes any representation or warranty, express or implied, as to accuracy or completeness of the

any materials or information provided, derived, or received. Materials and information from any

source, whether written or verbal, that may be furnished for review are not a substitute for a party’s

active conduct of its own due diligence to determine these and other matters of significance to

such party. RE/MAX Results - Commercial Group will not investigate or verify any such matters or

conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all

information and to conduct their own inspections and investigations including through

appropriate third party independent professionals selected by such party. All financial data should

be verified by the party including by obtaining and reading applicable documents and reports and

consulting appropriate independent professionals. RE/MAX Results - Commercial Group makes no

warranties and/or representations regarding the veracity, completeness, or relevance of any

financial data or assumptions. RE/MAX Results - Commercial Group does not serve as a financial

advisor to any party regarding any proposed transaction. All data and assumptions regarding

financial performance, including that used for financial modeling purposes, may differ from actual

data or performance. Any estimates of market rents and/or projected rents that may be provided to

a party do not necessarily mean that rents can be established at or increased to that level. Parties

must evaluate any applicable contractual and governmental limitations as well as market

conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be

discussed by the party with a certified public accountant or tax attorney. Title questions should be

discussed by the party with a title officer or attorney. Questions regarding the condition of the

property and whether the property complies with applicable governmental requirements should

be discussed by the party with appropriate engineers, architects, contractors, other consultants and

governmental agencies. All properties and services are marketed by RE/MAX Results - Commercial

Group in compliance with all applicable fair housing and equal opportunity laws.

1564 W. 7TH STSAINT PAUL, MN 55102

TABLE OF CONTENTS

PROPERTY INFORMATION

Presented By:


PROPERTY OVERVIEW

Excellent Affordable West 7th Location: Mixed Use Building, 2,064 total square feet with truly turn-key,newly built-out salon on the main level with very nice 2 bedroom apartment up. 2+ car garage plus streetparking. The Salon has 6 stylist chairs/stations, 2 hair washing sinks, and 2 licensed, fully compliant messagerooms and ADA compliant restroom. Very nice cute curb appeal with convenient metro access near 35Ewith strong traffic counts on West 7th with signage opportunity. Property is zoned T3-TraditionalNeighborhood. Perfect opportunity for hair stylist to own their own business and either live upstairs or takethe rental income.

PROPERTY HIGHLIGHTS

• Turn Key Salon Ready for Business – New Build-Out

• Nice Upper 2 Bedroom Apartment

• Salon = 6 chairs, 2 licensed massage rooms, 2 hair washing sinks

• Easy Access Convenient Location on West 7th

• High Traffic Counts on West 7th

• Large 2+ Garage with Off-Street Parking

• Zoned T3-Traditional Neighborhood

OFFERING SUMMARY

Sale Price: $349,900

Building Size: 2,064 SF

Lot Size: 0.119 Acres

Price / SF: $169.53

Year Built: 1957

Renovated: 2018

Zoning: T3 - Traditional Neighborhood

S E C T I O N 1 / P A G E 41564 W. 7TH STSAINT PAUL, MN 55102

EXECUTIVE SUMMARY

Presented By:


SALE PRICE $349,900

LOCATION INFORMATION

Building Name 1564 W. 7th St

Street Address 1564 W. 7th St

City, State, Zip Saint Paul, MN 55102

County/Township Ramsey

BUILDING INFORMATION

Building Size 2,064 SF

Number Of Floors 2

Average Floor Size 1,032 SF

Year Built 1957

Last Renovated 2018

Load Factor Yes

Construction Status Existing

Condition Average

Free Standing Yes

PROPERTY DETAILS

Property Type Mixed Use

Property Subtype Street Retail

Zoning T3 - Traditional Neighborhood

Lot Size 0.119 Acres

APN# 14-28-23-22-0115

PARKING & TRANSPORTATION

Parking Type Other


PROPERTY DETAILS

Presented By:



FLOOR PLAN - SALON & APARTMENT

Presented By:


T3 - TRADITIONAL NEIGHBORHOODTN traditional neighborhood districts are intended to foster the development and growth of compact, pedestrian-oriented urban villages. All four (4) districts are intended to encourage acompatible mix of commercial and residential uses within buildings, sites, and blocks; new development in proximity to major transit streets and corridors; and additional choices in housing.

The T3 traditional neighborhood district provides for higher-density pedestrian-and transit oriented development. It is designed for development or redevelopment of land on sites large enough tosupport: a mix of uses including residential, commercial, civic and open space uses in close proximity to one another, a mix of housing styles, types and sizes to accommodate households of varyingsizes, ages and incomes, a systems of interconnected streets and paths that offer multiple routes for motorists, pedestrians and bicyclist and are connected to existing future streets, a system ofopen space resources and amenities and incorporation of environmental features into the design of the neighborhood. The T# district is also intended for smaller sites in an existing mixed-useneighborhood center where some of the above elements already exist, or in an area identified in the comprehensive plan as a potential "urban village" site. Above the elements may be found withinthe T3 district or adjacent to it; the intent is that all would be present within a reasonable walking distance.

Permitted Uses: One family dwelling, Two family dwelling, Townhouse, Multiple family dwelling, Carriage house dwelling, Housing for the elderly, Home occupation, Live-Work unit, Mixedresidential & commercial use, Foster home, Supportive housing facility, Adult care home, Dormitory, Fraternity/Sorority, Daycare, School K-12, College/University/Seminary, Trade school/Arts School/Dance School, Club fraternal organization, Museum, Public library, Public/Private park, Recreation, Church/Chapel/Synagogue, Rectory, Convent, Municipal building or use, Administrative office,Artist/Photographer studio, Insurance/Real Estate/Sales office, Professional office, Medical or Dental Clinic, Medical laboratory, Veterinary clinic, Bank, Business sales & services, Dry cleaning, Foodshelf, Garden center, Laundromat, Massage center, Mortuary/Funeral home, Post office, Service business, Small appliance repair, Tattoo shop, Tobacco products shop, Brew on premise store,Catering, Restaurant, Bed & breakfast residence, Hotel, Health/Sports club, Mail order house.

To learn more please visit the City of St. Paul's website: https://library.municode.com/mn/st._paul/codes/code_of_ordinances?nodeId=PTIILECO_TITVIIIZOCO_CH66ZOCOONDIUSDEDIST_ARTIII66.300.TRNEDI_DIV166.310.IN_S66.314INT3TRNEDI


ZONING INFORMATION

PROPERTY PHOTOS

Presented By:



PHOTOS

Presented By:


S E C T I O N 2 / P A G E 1 01564 W. 7TH STSAINT PAUL, MN 55102

PHOTOS

Presented By:



PHOTOS

LOCATION INFORMATION

Presented By:



RETAILER MAP

Presented By:



LOCATION MAPS

ABOUT THE CITY OF ST. PAUL

Presented By:


CITY OF ST. PAULWhether you're looking for hockey, history or hops, you’ll find them all in Saint Paul. A blue collar city built on the bluffs of America’s greatest river - theMississippi. We are North America’s most romantic getaway, the top-ranked park system and the best local food scene. Saint Paul is known as the “Cityof Neighborhoods,” each offering a celebration of the city’s long-cherished heritage and diversity. Life in these vibrant neighborhood districts flows deep withtradition, with many of the restaurants and businesses proudly bearing the names of the immigrant families who founded them generations ago.

Saint Paul’s history as Prohibition-era hotbed for gangsters, gals and whiskey runners is well known. Saint Paul celebrates this storied past by offering tours of siteswhere the gangsters once lived as they planned and executed the most notorious crimes perpetrated in the upper Midwest. Gangster tours highlight the sites ofnightclubs, kidnappings and gun battles associated with the lawlessness of the 1930’s.

As the arts and culture capital of the Midwest, Saint Paul boasts more than 52,000 theater seats, three world-class museums, legendary historic sites and a vibrantarts and entertainment community. The Ordway Center for the Performing Arts, located in downtown Saint Paul, is recognized as one of the nation’s leadingnot-for-profit performing arts centers, with nearly 500 performances annually, including several Broadway hits. Ordway is also home to the Minnesota Opera andSaint Paul Chamber Orchestra. Fans of Minnesota Public Radio can look on as Garrison Keillor broadcasts “A Prairie Home Companion” live fromthe Fitzgerald Theater, named after the famous Minnesota author, F. Scott Fitzgerald.


ABOUT THE CITY OF ST. PAUL

Presented By:


CITY OF ST. PAUL

Whether you're looking for hockey, history or hops, you’ll find them all inSaint Paul. A blue collar city built on the bluffs of America’s greatest river -the Mississippi. We are North America’s most romantic getaway, thetop-ranked park system and the best local food scene. Saint Paul is known asthe “City of Neighborhoods,” each offering a celebration of the city’slong-cherished heritage and diversity. Life in these vibrant neighborhooddistricts flows deep with tradition, with many ofthe restaurants and businesses proudly bearing the names of theimmigrant families who founded them generations ago.

Saint Paul’s history as Prohibition-era hotbed for gangsters, gals and whiskeyrunners is well known. Saint Paul celebrates this storied past by offeringtours of sites where the gangsters once lived as they planned and executedthe most notorious crimes perpetrated in the upper Midwest. Gangster tourshighlight the sites of nightclubs, kidnappings and gun battles associatedwith the lawlessness of the 1930’s.

As the arts and culture capital of the Midwest, Saint Paul boasts morethan 52,000 theater seats, three world-class museums,legendary historic sites and a vibrant arts and entertainment community.The Ordway Center for the Performing Arts, located in downtown Saint Paul,is recognized as one of the nation’s leading not-for-profit performing artscenters, with nearly 500 performances annually, including several Broadwayhits. Ordway is also home to the Minnesota Opera and Saint Paul ChamberOrchestra. Fans of Minnesota Public Radio can look on as Garrison Keillorbroadcasts “A Prairie Home Companion” live from the Fitzgerald Theater,named after the famous Minnesota author, F. Scott Fitzgerald.

S E C T I O N 4 / P A G E 2 3

CITY OF ST. PAUL

DEMOGRAPHICS

Presented By:


POPULATION 1 MILE 3 MILES 5 MILES

Total Population 12,062 122,148 297,464

Median age 39.0 35.5 35.0

Median age (Male) 38.0 34.7 34.1

Median age (Female) 39.8 36.5 36.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,648 53,046 127,244

# of persons per HH 2.1 2.3 2.3

Average HH income $69,126 $78,873 $71,188

Average house value $248,585 $328,767 $289,828

* Demographic data derived from 2010 US Census


DEMOGRAPHICS MAP & REPORT

FOR SALE 1564 W. 7TH ST SAINT PAUL, MN 55102 · City, State, Zip Saint Paul, MN 55102...

Documents

Transcript of FOR SALE 1564 W. 7TH ST SAINT PAUL, MN 55102 · City, State, Zip Saint Paul, MN 55102...