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Listed price in listed location currency (USD).
$350,000

000

MLS® 6808082

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,656
Days Active 48
Approx. Age 1925
MLS® Number 6808082

Property Address: 1051 Hudson Rd, Saint Paul, MN, 55106-6106

Average square foot calculated using Size range provided by listing agent.

Description

This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1, 200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1, 300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1, 300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3, 450 and an annual gross of $41, 400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20, 000 to 30, 000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.
MLS® Number6808082
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Fixture/Equipment, Leases, Rental License

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 11, 2025List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
1051 Hudson Rd, Saint Paul, MN

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