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651 Arcade Street
Saint Paul, MN 55106
1 day ago
NEW
$1,050,000
Active
1964
Yr. Built
MLS# 7152891
Cumulative Days on Market: Less than 1
· Includes prior listings
· Currently listed since 09/30/26
· Data provided by the MLS.
Property Description
Excellent Investment Opportunity – Child Care Center Building! The owner has invested over $300, 000 in renovations, creating a well-appointed facility ready for continued use as a child care center. The property is currently leased for $8, 000 per month with a 5-year lease term and an option to renew for an additional 5 years. The tenant is responsible for all utilities, providing the owner with a favorable expense structure. A strong opportunity for an investor seeking a leased commercial property with established income and significant improvements already completed.
Property Highlights
Property Type
Commercial Sale
Year Built
1964
Location
City/Township
Saint Paul
Subdivision
Margaret Place
County
Ramsey
Zoning Description
Business/Commercial
Property Details
Price
$1,050,000
Property Type
Commercial Sale
Building
Total Area
10,169
Community
Local Schools
School District
St. Paul
Interior Features
Rooms and Basement
Has Basement
Yes
Basement Features
Full
Area and Spaces
Number of Units
1
Interior Features
Accessibility Features
Reduced Height Counters, Wheelchair Ramp(s)
Heating and Cooling
Heating Features
Forced Air
Building Details
Construction
Year Built
1964
Foundations
Combination
Terms
Terms
Contingency
None
Inclusions
Building, Leases
Taxes
Tax
Tax (Annual)
$18,410
Heating, Cooling & Utilities
Cooling Features
Central Air
Utilities
Utilities
Heating Common
Sewer
City Sewer/Connected, City Sewer - In Street
Water Source
City Water/Connected, City Water - In Street
Lot
Lot Size
0.29
Lot Dimensions
99x123
Lot Features
Corner Lot
Exterior Features
Exterior Features
Stone, Vinyl
Parking
Parking Features
Open
Listed by Northstar Real Estate Associates, 651-451-2850
Listing Data last updated 09/30/2026 06:00 pm
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Property History
Today
Status Active. This is the date the listing was placed on market.
Today
Property information last updated
Cumulative Days on Market: Less than 1 days (includes prior listings)
· Currently listed since September 30, 2026.
Data provided by the MLS.
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Listed by Northstar Real Estate Associates, 