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Active
$4,500,000
/mo Edit
Commercial:  Business,Office
Built 1970
37.23 acres
South Washington County schools
MLS# 6638858
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    Property Description

    Exceptional Mixed-Use Property on the Mississippi River in St. Paul Park, MN! This 37+ acre parcel offers 20.41 acres of usable land, 16.82 acres of Barrier Islands, and 2, 340 linear feet of riverfront. Highlights: - Marina with up to 152 slips and a full range of boating equipment. - 11, 174 sq. ft. established restaurant and bar, fully equipped with a high-quality commercial kitchen and furnishings. - 23, 680 sq. ft. marina building featuring office space, mezzanines, and an extensive inventory of tools, parts, and operational assets. - Five homes, six rental units, fully occupied and providing steady income. - Vacant land primed for future development or expansion. This property includes an impressive inventory of assets to ensure seamless operations and diverse income opportunities. A rare chance to invest in a prime location offering commercial, residential, and recreational possibilities along the iconic Mississippi River.

    Listing

    Contingency: None
    City: Saint Paul Park
    County: Washington
    State: MN
    Property Style: Business, Office
    Zip Code: 55071
    Subdivision Name: St Paul Park Div 02

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 135
    Foundation Size: 5,687 ft2
    Handicap Accessible: None
    Heating System: Other
    Parking Features:
    • Attached Garage
    • Multiple Garages
    • Parking Lot
    Shared Amenities: Boat Slip
    Road Frontage: Paved Streets
    Exterior Material: Stucco

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Mississippi River
    Waterfront View: River
    DNR Lake ID#: S9990961
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 37.23
    Geolocation: 44.8424548585, -93.0059285522
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
    Lot Dimensions: 37.23
    Zoning:
    • Business/Commercial
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Additional Land Available
    • Irregular Lot
    • Island/Peninsula
    • Tree Coverage - Medium

    Farm

    Topography: Flood Plain, High Ground

    Schools

    School District: 833
    District Phone: 651-425-6300

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $61,573
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $63,846

    Units

    Total Units: 8

    Miscellaneous

    Current Use:
    • Commercial
    • Event Space
    • Office
    • Restaurant
    • Retail
    • Storage Facility
    • Warehouse
    Fuel System: Electric
    Sewer System:
    • City Sewer/Connected
    • Holding Tank
    • Septic System Compliant - Yes
    Available Utilities: Electric Common
    Water System:
    • City Water - In Street
    • City Water/Connected
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.