1709 Shields AVE Active

Saint Paul,MN 55104

$ 1250000

1 Bed

1 Bath

11325 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,325 sqft

Price per Sqft $110

Subdivision Howard Park

MLS Listing ID 6707621

Bedrooms 1

Year Built 1927

Annual Tax Amount $14,106

Lot Size 0.260 Acres

Property Description

1709 Shields Avenue is just blocks away from the Minnesota United soccer stadium and is in a very desirable and walkable Merriam Park neighborhood of Saint Paul, MN. Solidly built in 1927, this all brick exterior three story building just underwent a complete renovation in 2024-2025! The main and upper floors feature eight apartments that all received new bathrooms and new kitchens with stainless-steel appliance packages including microwaves! The original oak hardwood flooring in the kitchens, dining areas and bedrooms were refinished and walls freshly painted. Common area hallways were cleaned up with new paint and carpet. New tenants have just recently moved in on four of the eight units and the other four are currently being marketed for late spring and summer move-ins. These are the first tenants moving in since the renovation was completed. The lower level offers residents a laundry room with newer machines. All the electrical panels were replaced last year in 2024 with new 100 amp panels, 240 volt range wires to each of the units, and a new electrical service run to the building. Some units still have original closet and bedroom doors and built in closets. The real opportunity for a new buyer is that the lower level has two units that could be put back into service with very minimal work. Each of these two units have separate electric panels and a new 240 volt wire run for the stoves. A new buyer could make each of these into 2-bedroom, 1-bath apartments or into offices, storage units, or use the spaces for themselves. Back when The Fairview Hospital owned this building they used these as classrooms in the basement and the apartments were for traveling nurses. The parking lot has plenty of off-street parking to the east of the building with 16 parking spaces plus one handicap spot. This asset is truly unique and one of a kind and can't be compared to other similar sized apartment buildings in the city! All showings through the listing agent.

Location

State MN

County Ramsey

Community Howard Park

Interior

Heating Boiler

Cooling Window

Exterior

Parking Features Parking Lot,Paved Lot

Utilities Available Electric Separate,Heating Common,Hot Water Common

Roof Type Age Over 8 Years,Flat,Rubber

Building

Lot Description Corner Lot

Water City Water/Connected

Structure Type Brick,Concrete

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