Orme

97 Orme St E, Saint Paul, MN 55118

  • For Sale $1,000,000
  • Property Type Multi-Family
  • Property Size 7,980 SF
  • Units 10
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 6
  • Property Tenancy Multi-Tenant
  • Year Built 1950
  • Date Updated Dec 10, 2024
Nestled in the heart of West Saint Paul, the area surrounding the property offers an attractive blend of convenience and community. Residents will enjoy easy access to a variety of dining options, including the beloved Joseph's Grill and Ox Cart Ale House. The nearby Signal Hills Shopping Center provides a host of retail and services, enhancing the neighborhood's appeal for tenants. For leisure and outdoor activities, Thompson County Park is just a short drive away, providing a serene escape from city life. With its proximity to major highways and downtown Saint Paul, this location offers residents the perfect balance of urban access and suburban charm.Introducing 97 Orme St E, a prime investment opportunity in West Saint Paul. This 7,980 SF, 10-unit property, built in 1950 and zoned R4, boasts a 80% occupancy rate, offering immediate income potential. With no rent control ordinance, this property presents a lucrative value-add opportunity. Conveniently located near a bustling retail corridor and minutes from downtown Saint Paul, it appeals to tenants seeking urban convenience. The property's proximity to the bus line underscores its accessibility and desirability. Don't miss out on this sought-after multifamily/low-rise/garden investment.
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Attachments

Highlights

  • Value-add opportunity
  • No rent control ordinance
  • Close to a busy retail corridor
  • Minutes from downtown Saint Paul
  • Close to the bus line

Contacts

broker
William Schultz

William Schultz - KW

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Saint Paul, MN
  • Zip Code 55118
  • Market Minneapolis St Paul

Points of Interest

  • Saint Paul Union Depot

    2.49 miles

  • Central Station

    2.51 miles

  • Union Depot

    2.60 miles

  • 10th Street

    2.87 miles

  • Robert Street

    3.10 miles

  • Capitol/Rice Street

    3.33 miles

  • Western Avenue

    3.56 miles

  • Dale Street

    3.82 miles

  • Victoria Street

    4.13 miles

  • Lexington Parkway

    4.47 miles

  • Paces 66 Station

    0.15 miles

  • Speedway

    0.23 miles

  • Holiday Stationstore

    1.11 miles

  • BP

    1.36 miles

  • Holiday

    1.40 miles

  • Quick Stop

    1.67 miles

  • Kaposia Convenience Center

    2.14 miles

  • ChargePoint

    2.58 miles

  • Tesla Supercharger

    4.72 miles

  • Faith United Methodist Church

    0.95 miles

  • St. John Vianney parking lot

    1.26 miles

  • Dodge Nature Center

    1.64 miles

  • Fossil Grounds Parking Lot

    1.74 miles

  • Science Museum Ramp

    2.37 miles

  • Ramsey House and Forepaugh's Parking

    2.41 miles

  • Capital City Plaza Parking Ramp

    2.42 miles

  • RiverCentre Ramp

    2.43 miles

  • Victory Ramp

    2.48 miles

  • Union Depot Lot B

    2.50 miles

  • Samuel Dearing House

    1.51 miles

  • Crowne Plaza

    2.40 miles

  • The Saint Paul Hotel

    2.47 miles

  • Residence Inn by Marriot

    2.49 miles

  • Hotel 340

    2.49 miles

  • Hampton Inn & Suites

    2.52 miles

  • Courtyard

    2.63 miles

  • DoubleTree by Hilton Hotel Downtown St. Paul

    2.64 miles

  • SpringHill Suites

    2.83 miles

  • Drury Plaza Hotel

    2.95 miles

  • Dunkin' Baskin-Robbins

    0.11 miles

  • Sarpino's Pizzeria

    0.12 miles

  • Little Caesars

    0.13 miles

  • Dairy Queen

    0.14 miles

  • McDonald's

    0.21 miles

  • Fireside Lounge

    0.25 miles

  • Penada Taco 3

    0.28 miles

  • Asian Inn

    0.34 miles

  • Perkins

    0.40 miles

  • Lucky China Restaurant

    0.43 miles

  • St. Croix Lutheran High School (WELS)

    0.39 miles

  • Heritage Middle School

    0.47 miles

  • Moreland School

    0.65 miles

  • Humboldt Senior High School

    1.04 miles

  • Cherokee Heights Elementary School

    1.21 miles

  • Garlough Environmental Magnet School

    1.36 miles

  • St Matthews/Quantum STEAM Academy

    1.42 miles

  • Rhythm And Shoes Dance Studio

    1.51 miles

  • Somerset Heights Elementary School

    1.67 miles

  • Dodge Nature Center Preschool

    1.75 miles

  • KinderCare

    0.80 miles

  • Pathways to Play

    1.26 miles

  • Peaceful Heights

    1.48 miles

  • New Creations Child Care & Learning Center

    3.06 miles

  • St. Paul's Childcare Center

    3.47 miles

  • New Horizon Academy

    3.93 miles

  • Hodan Childcare Center

    4.23 miles

  • Tierra Encantada Dodd

    4.27 miles

  • Rainbow Child Development Center

    4.63 miles

  • Highland Park Montessori School

    4.64 miles

Frequently Asked Questions

How much does Orme cost?

The space currently listed for sale at Orme asks for $1,000,000.

What is the total square footage of Orme?

Orme totals 7,980 square feet.

When was this property built?

Orme was built in 1950.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
William Schultz

William Schultz - KW