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Saint Paul, MN 55117

New Listing

$600,000

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https://listing.millcityteam.com/ut/130_Litchfield_St.html

Property Type: Commercial Bedrooms: 6 Baths: 8 Square Footage: 12,413 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $600,000 List Date: 6/20/2026 Last Modified: 6/20/2026

Overview

Description

Rare mixed-use investment opportunity! Featuring 5 occupied apartment units and 2 street-level commercial spaces, this property offers immediate cash flow with significant upside potential. Current rents have been intentionally kept below market rates due to recent road construction, creating an excellent value-add opportunity for investors. Recent updates include a newer roof (2015) and water heater. Strong income potential, diversified revenue streams, and room for future growth make this a must-see investment. Financials available upon request. Agent to accompany all showings.

Listing Details MLS# 7095139

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1916
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family, Oth
Foundation Size: 5462
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 59x86x60x86
Assessment Pending: Unknown
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: Other Air Conditioning: Window Unit(s) Amenities Shared: Deck; Patio; Other Amenities Unit: Deck; Porch Appliances: Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Partial; Storage Space; Unfinished CMU Style: Apartments and Retail Commercial Kitchen Appliances: Other Construction Materials: Brick; Other Construction Status: Previously Owned Current Use: Retail Existing Financing: Other Exterior: Brick/Stone; Stucco Fencing: None Flooring: Vinyl/Linoleum Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Internet Options: None Loan Terms: Cash; Contract for Deed; Conventional; Special Funding; Other Location Description: Free Standing; Other/See Remarks Lock Box Type: Combo Lot Description: Corner Lot Miscellaneous Information: Display Window On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate Owner Pays: Electricity; Gas; Insurance; Maintenance/Repair; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water Pool Description: None Potential Use: Grocery; Lounge/Bar; Office; Professional; Rest/Lounge; Restaurant; Retail; Shop; Warehouse Rent Rate per Foot: Gross; Per Month Road Frontage: City Street; Paved Streets; Sidewalks; Other Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Flat; Other Sewer: City Sewer - In Street; City Sewer/Connected Shared Rooms: Other Stories: Two Tenant Pays: Electricity; Gas; Heat; Telephone; Other Topography: Level Wall Description: Plaster Water: City Water - In Street; City Water/Connected Window Features: Display Window(s); Skylight(s)

Contract Information

Contingency: None
ListPrice: 600000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55117
Complex/Dev/Subdivision: Lanouxs Sub Of, Lots 7

Assessments

Tax With Assessments: 20526
Assessment Balance: 0

Building Information

Building Finished SqFt: 5462
Building SqFt: 12413
Ceiling Height: Varied Heights

More Information

Income and Expenses

Annual Electric Expense: 7500
Annual Gross Expenses: 40000
Annual Gross Income: 92400
Annual Insurance Expense: 13200
Annual Maintenance Expense: 3000
Annual Net Income: 52400
Annual Repair Expense: 4300
Annual Trash Expense: 4200
Annual Water/Sewer Expense: 7800
Total Annual Expenses: 39700
Annual Caretaker Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
Display Window: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 30
Township#: 29

Sale Options

Sale Includes: Building

Unit 1

Unit Number: Yes
Monthly Rent: 1000
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Level: 2nd Level
Leased?: Yes
Lease Expiration Date: 2027-05-31
No. of 1 Bedroom Units: 4

Unit 2

No. of 2 Bedroom Units: 4
Full Baths: Yes
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1000
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Unit Number: 2

Unit 3

Full Baths: Yes
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1000
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Unit Number: 3

Unit 4

Full Baths: Yes
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1200
Total Bathrooms: Yes
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 4

Unit 5

Full Baths: Yes
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1000
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Unit Number: 5

Unit 6

Full Baths: 3
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 2500
Total Bathrooms: 3
Unit Number: retail sp
Unit Total SqFt: 4800

Unit Details

Total Units: 7

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LANOUXS SUBDIVISION OF LOTS 7 EX E 42 FT THE FOL S 5 FT OF LITCHFIELD ST VAC ADJ AND LOT 1 AND EX S 2O FT LOT 2 BLK 2
Listing City: Saint Paul
Map Page: 108
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Zip Plus 4: 2306
Property ID Number: 302922320043
Tax Year: 2025
Tax Amount: 20526
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare mixed-use investment opportunity! Featuring 5 occupied apartment units and 2 street-level commercial spaces, this property offers immediate cash flow with significant upside potential. Current rents have been intentionally kept below market rates due to recent road construction, creating an excellent value-add opportunity for investors. Recent updates include a newer roof (2015) and water heater. Strong income potential, diversified revenue streams, and room for future growth make this a must-see investment. Financials available upon request. Agent to accompany all showings.
Directions: Hwy 36 & Rice Head south toward County Rd B E 115 ft Turn right at the 1st cross street onto County Rd B E Turn left onto Rice St Property on the left side

Accessible

Other: Yes

Air Conditioning

Window Unit(s): Yes

Amenities Shared

Deck: Yes
Patio: Yes
Other: Yes

Amenities Unit

Deck: Yes
Porch: Yes

Appliances

Range: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Partial: Yes
Storage Space: Yes
Unfinished: Yes

Construction Materials

Brick: Yes
Other: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Other: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Fencing

None: Yes

Flooring

Vinyl/Linoleum: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Internet Options

None: Yes

Lock Box Type

Combo: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Insurance: Yes
Maintenance/Repair: Yes
Management: Yes
Pest Control: Yes
Repairs: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Rear Porch: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Sidewalks: Yes
Other: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Flat: Yes
Other: Yes

Sewer

City Sewer - In Street: Yes
City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Stories

Two: Yes

Topography

Level: Yes

Wall Description

Plaster: Yes

Water

City Water - In Street: Yes
City Water/Connected: Yes

Window Features

Display Window(s): Yes
Skylight(s): Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Heat: Yes
Other: Yes
Telephone: Yes

On Site Utilities

Electric Common: Yes
Electric Separate: Yes
Heating Common: Yes
Heating Separate: Yes
Hot Water Common: Yes
Hot Water Separate: Yes

CMU Style

Apartments and Retail: Yes

Commercial Kitchen Appliances

Other: Yes

Current Use

Retail: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Special Funding: Yes
Other: Yes

Location Description

Free Standing: Yes
Other/See Remarks: Yes

Potential Use

Grocery: Yes
Lounge/Bar: Yes
Office: Yes
Professional: Yes
Rest/Lounge: Yes
Restaurant: Yes
Retail: Yes
Shop: Yes
Warehouse: Yes

Rent Rate per Foot

Gross: Yes
Per Month: Yes

Listing Office: eXp Realty

Last Updated: June - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.