Attention Investors Rare Mixed-Use Opportunity in Maplewood!
Here s your chance to own a truly unique mixed-use property with immediate cash flow and future upside. Situated on over an acre just off Hwy 61, this property offers both residential and commercial potential in one convenient location.
The 7,500 sq ft commercial building features: Four separate units, each with:
Private bathroom, Separate electric and gas meters, 12-ft overhead doors and 14-ft ceilings. A central office space for easy management. Long-term tenants already in place, providing consistent rental income.
In addition, the property includes a single-family home with strong income potential. Per the county, the home can be converted into a duplex, and a rear staircase already provides a separate entrance to the upper level. A newer boiler and water heater are already installed saving you on upfront costs. The driveway splits to separate the residential and commercial spaces, making it ideal for multi-use functionality. Whether you're looking to expand your investment portfolio, run your own business, or generate passive income, 1201 Frost Ave offers endless possibilities.
- Age: 41-50 Years Old
- Architecture Style: Other
- Floor Covering: Concrete
- Heating System: Hot Water (Heating)
- Heating System: Other (Heating)
- Legal Description: LINCOLN PARK VAC DULUTH ST ACCRUING & FOL; LOTS 1 THRU LOT 9 BLK 4
- MLSID: 6676354
- Roof Type: Metal