1051 Hudson Road,Saint Paul, MN 55106
Saint Paul, MN 55106
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 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.
Details
| MLS # | 6808082 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 286 |
| Listing Provided By | Keller Williams Premier Realty | William Schultz |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 4,704 |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.11 |
Interior
| Heating | Boiler |
|---|
Exterior
| Roof | Age 8 Years or Less |
|---|---|
| Construction Materials | Brick/Stone |
Parking
| Parking Features | Gravel, On-Street Parking Only, Open |
|---|
Utilities
| Utilities | Electric Separate |
|---|
Taxes
| Property | 6656 |
|---|
Area Information
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 90 |
| Community Name | Scottens Sub Of B71 Lyman Day |
| School District | 625 |
| High School | St. Paul |
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 24, 2026 at 4:19:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 90 |
| Community Name | Scottens Sub Of B71 Lyman Day |
| School District | 625 |
| High School | St. Paul |
 | $1,000,000365 Earl StreetSaint Paul, MN 55106 |
Coldwell Banker Crown Realtors | (320) 762-2172 | 40733026
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
