754 E 7th St

Retail: Freestanding
Pending

754 E 7th St, St. PaulMN 55106

Property Details

Location

Address
754 E 7th St, St. PaulMN 55106
County
Ramsey
Submarket
MN - Northeast
In Opportunity Zone
Yes

Building Size

Building Size
5,724 SF
Retail Space
5,724 SF

Building Details

Type
 Retail: Freestanding  
 Pending
Number of Buildings
1
Number of Units
1
Occupancy Type
Single Tenant
Number of Tenants
1
Percent Occupied
100%
Building Class
B
Building Status
Existing
Floors
1
Year Built
1977
Year Renovated
1984
Sprinklers
Yes
Parking (Total Parking, Uncovered Parking)
20 , 20
Parking Ratio
Air Conditioned
Yes
Heated
Yes

Land & Utilities

Land (Acres)
0.3 Acres
Land (SF)
13,068 SF
Electricity
Yes, Private
Natural Gas
Yes, Private
Sanitary Sewer
Yes, City
Water
Yes, City
Rail Service
No
Zoning
T2 Traditional Neighborhood
Lot Depth
Lot Width
Stand. Electric
Yes

Contacts

Current Listings

O'Reilly Auto Parts Building for Sale

5,724 SF$833,778
Cap Rate: 7.25%
Results Commercial

New 5-year lease renewal executed, now expiring June 30, 2026. Landlord and Tenant each have the right to terminate the lease by giving the other party 12 months written notice. This gives the new owner options to keep existing income, renegotiate the lease, re-tenant, or owner/occupy with proper notice. O'Reilly's Auto Parts has operated at this location since 1999 and has executed multiple extensions over the years. This prime O'Reilly Auto Parts location is approximately 5,724 sf with a surface parking lot of 20 parking space and sees approximately 21,000 VPD. Located less than a mile from Downtown St. Paul, this property has amazing access and visibility from both directions and is surrounded by dense residential along with new office and retail development.

Roof: Good condition with minor preventative maintenance work. Age unknown, checked in 2019 by roofer stating it had another 10+ years left with proper maintenance (Tenant Responsibility).

HVAC: 4 Ton Carrier Rooftop AC – 2017.

Parking lot: Repaved 2018/2019.

All tours are provided by the listing brokers. Please do not disturb tenants.

Results Commercial

New 5-year lease renewal executed, now expiring June 30, 2026. Landlord and Tenant each have the right to terminate the lease by giving the other party 12 months written notice. This gives the new owner options to keep existing income, renegotiate the lease, re-tenant, or owner/occupy with proper notice. O'Reilly's Auto Parts has operated at this location since 1999 and has executed multiple extensions over the years. This prime O'Reilly Auto Parts location is approximately 5,724 sf with a surface parking lot of 20 parking space and sees approximately 21,000 VPD. Located less than a mile from Downtown St. Paul, this property has amazing access and visibility from both directions and is surrounded by dense residential along with new office and retail development.

Roof: Good condition with minor preventative maintenance work. Age unknown, checked in 2019 by roofer stating it had another 10+ years left with proper maintenance (Tenant Responsibility).

HVAC: 4 Ton Carrier Rooftop AC – 2017.

Parking lot: Repaved 2018/2019.

All tours are provided by the listing brokers. Please do not disturb tenants.

View Details
View Details

Attachments

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