651 Arcade Street, Saint Paul, MN 55106 (MLS# 7152891)

651 Arcade Street, Saint Paul, MN 55106

New Listing
$1,050,000
Property Type: Commercial Square Footage: 10,169 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $1,050,000 List Date: 9/30/2026 Last Modified: 9/30/2026

Overview

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.

Listing Details MLS# 7152891

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
14
Owner Occupied
No
Waterfront YN
No
Year Built
1964
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4400
For Sale or Lease
For Sale
Acres
0.29
Lot Dimensions
99x123
Assessment Pending
Unknown

Property Features

Accessible: Reduced Height Counters; Wheelchair Ramp Air Conditioning: Central Air Basement: Full CMU Style: Office Construction Status: Previously Owned Current Use: Office; Other Exterior: Brick/Stone; Vinyl Foundation: Combination Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional Lot Description: Corner Lot On Site Utilities: Heating Common Parking Characteristics: Uncovered/Open Sewer: City Sewer - In Street; City Sewer/Connected Water: City Water - In Street; City Water/Connected

Contract Information

Contingency
None
ListPrice
1050000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
651
Street Name
Arcade
Street Suffix
Street
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55106
Complex/Dev/Subdivision
Margaret Place

Assessments

Tax With Assessments
18410

Building Information

Building Finished SqFt
5769
Building SqFt
10169

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
32
Township#
29

Sale Options

Sale Includes
Building, Leases

Unit Details

Total Units
Yes
IDX
Listing Office: Northstar Real Estate Associates
Last Updated: September - 30 - 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.
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