1321 Frost Avenue, Maplewood MN 55109

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$975,000

1321 Frost Avenue, Maplewood, MN 55109

bedrooms

bathrooms

square feet

Acreage

0.62

Open Houses

year built

1960

Full Baths

Half Baths

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Prime investment opportunity: fully leased 6-unit strip mall in Maplewood. This thriving community is undergoing significant development, including three new multi-family buildings with over 150 units, promising increased foot traffic and business growth. The strip mall boasts a 7% cap rate offering excellent returns with 100% occupancy and no vacancies. A long-standing laundromat, a local staple since the 1960's, ensures tenant stability and consistent patronage. This property guarantees immediate rental income from its fully leased units. Located in a bustling area with growing infrastructure, the strip mall is set to benefit from the influx of new residents and shoppers. The property includes a rare onsite well, eliminating city water bills and reducing costs to just outgoing sewer expenses. This investment promises long-term growth and solid return, making it a perfect addition to your portfolio. Don't miss out on this fantastic opportunity in Maplewood.

Location
Subdivision	Gladstone, Ramsey Co, , Minn
County	Ramsey-MN
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6543277

Listing agent: Vance Ross

Listing broker: Keller Williams Premier Realty (651) 379-5252

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 22 2025 at 4:00 a.m. EST

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