1051 Hudson Road, Saint Paul, MN 55106 (MLS# 6808082)

1051 Hudson Road, Saint Paul, MN 55106

$350,000

Property Type: Commercial Bedrooms: 2 Baths: 3 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $350,000 List Date: 11/11/2025 Last Modified: 6/26/2026

Overview

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 buildi ... (Read more) 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.

Listing Details MLS# 6808082

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 4
Owner Occupied: No
Waterfront YN: No
Year Built: 1925
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 4712
For Sale or Lease: For Sale
Acres: 0.1
Lot Dimensions: 38 x 124
Assessment Pending: Unknown

Property Features

Accessible: None Assumable Loan: Not Assumable CMU Style: Mixed Use Construction Status: Previously Owned Current Use: Commercial Existing Financing: Conventional Exterior: Brick/Stone Foundation: Brick/Mortar Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Contract for Deed; Conventional; Trade Lock Box Type: None On Site Utilities: Electric Separate Owner Pays: Gas; Heat; Insurance; Sewer; Trash Collection; Water Parking Characteristics: Gravel Lot; Uncovered/Open Potential Use: Office; Other; Professional; Retail; Shop Rental License Type: Standard Road Frontage: City Street Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 350000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1051
Street Name: Hudson
Street Suffix: Road
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55106
Complex/Dev/Subdivision: Scottens Sub Of B71 Lyman Day

Assessments

Tax With Assessments: 6656

Basement

Foundation Dimensions: 38 x 124

More Information

Building Information

Building Finished SqFt: 4704

Income and Expenses

Annual Gross Expenses: 12645
Annual Gross Income: 37632
Annual Net Income: 24987

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 33
Township#: 29

Sale Options

Sale Includes: Building, Fixture/Equipment, Leases, Rental License

Unit 1

Unit Number: A
Monthly Rent: 1100
Half Baths: Yes
Total Bathrooms: Yes
Level: Main Level
Leased?: No

Unit 2

No. of 2 Bedroom Units: Yes
Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1286
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: Yes

Unit 3

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 750
Total Bathrooms: Yes
Unit Number: 2

Unit Details

Total Units: 3

Unit Information

No. of Efficiency Units: Yes

Listing Office: Keller Williams Premier Realty

Last Updated: June - 26 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1051 Hudson Road, Saint Paul, MN 55106 (MLS# 6808082)