This building provides a great opportunity for a new owner to purchase it and complete the build-out based on their desired use, and in turn, create a lot of sweat equity. The currently owners started the renovation, but are unable to finish it providing a great opportunity to a future owner. This building can be used as retail, restaurant, adult daycare, gathering hall, or anything you have in mind that is an approved use for the zoning (3A COMMERCIAL LAND AND BUILDING).
This building is located in the heart of the east side of St. Paul which has been growing and has a lot of new development and also provides a lot of drive-by traffic . The current owners completed the following work:
1. 1st floor beam =$ 40,000
2. Demolition = $ 100,000
3. Roof Update = $ 40,000
4. Asbestos clean up = $13,000