1050 Selby AveSaint Paul, MN 55104

For Sale
$625,000
St. Paul gem: 4 units, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use property, located at 1048 & 1050 Selby Avenue in Saint Paul, Minnesota, presents a compelling investment opportunity. The building, constructed in 1915 and extensively renovated between 2021 and 2023, encompasses 4,794 square feet on a 0.1-acre lot. The property features a desirable blend of commercial and residential space, currently operating at 75% occupancy. The main floor offers ideal space for retail or office use, while the second floor houses two apartments—a two-bedroom and a three-bedroom unit. The asking price is $625,000, translating to $130.37 per square foot. Recent updates include HVAC and A/C system improvements. The property includes a four-stall surface parking lot and benefits from Mixed Residential/Commercial zoning within Ramsey County, zip code 55104. This multi-tenant investment opportunity is situated in a prime Saint Paul location, just east of Lexington Avenue, offering strong potential for rental income and future appreciation. The two-story building provides a unique blend of commercial and residential uses, making it an attractive option for investors seeking a diversified portfolio.

Highlights

  • Mixed-use building, 4,794 sq ft, on 0.1-acre lot in Saint Paul, MN.
  • Recently renovated (2021-2023).
  • 75% occupancy, with retail/office space on the main floor and two apartments (2-bed & 3-bed) upstairs.
  • Asking price: $625,000 ($130.37/sq ft).
  • Features updated HVAC/AC, four-stall parking lot, and Mixed Residential/Commercial zoning.

Property Details for 1050 Selby Ave

Property type
Mixed-use properties
Square Feet
4,794 SF
Year Built/Renovated
1915/2021
Stories
2
Lot Size (sq. ft)
4,356 SF
Units
4

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.9464507
Longitude
-93.1445195
1050 Selby Ave, Saint Paul, Minnesota

FAQs

What type of property is this?
Mixed-use property - St. Paul gem: 4 units, high ROI.
Where is the mixed-use property located?
The property is located at 1050 Selby Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Mixed-use building, 4,794 sq ft, on 0.1-acre lot in Saint Paul, MN.; Recently renovated (2021-2023).; 75% occupancy, with retail/office space on the main floor and two apartments (2-bed & 3-bed) upstairs.
How can I contact the broker?
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1050 Selby Ave
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