Price: $399,900.00 USD (1 available)
Ad Location: Saint Paul, Minnesota
Member: klyne
Member Since: May 7, 2008
Ad Placed: May 9, 2008
Ad Expires: Jun 8, 2008 Office Building FOR SALE
Subject Property: 644 Selby Ave. St.Paul MN
ERIK: (763)-477-3300 DANIEL: (651)-222-3565

Property Description

Small Office building located near Selby and Dale. Brick exterior in great
shape. Front of building avaiable for local business advertising to Selby traffic. Mechanicals in building are all new (Furnace, A/C, Electrical, Kitchen, Applicances, Phone System and Internet Wiring) Roof age unknown but has never leaked in the last 5 years. Inside of the building has all new paint and carpet. Building has 2 private conference rooms, 5 bathrooms (4 single stall and 1 community), 9 private offices, copier room and mail room. Front reception are and conference room are secure from back office. Building has two entrances, one front and one rear, perfect for multi tenant situation.

Downstairs of building is FULL BASEMENT and FINISHED, best used for
storage, filing or additional office space. Off street parking available in rear - 7 spaces. Street parking also available to local businesses in area. TOTAL FINISHED SQUARE FEET INCLUDING BASEMENT is 5796. Upstairs FINISHED OFFICE SPACE 3526. Current TAX VALUE ON BUILDING $382,800

More About our Program

Dometri Lease Option program is different then most other programs because we will help you repair your credit and obtain financing. Because we've turned Lease Optioning Buildings into our main line of business we developed some proven strategies to help you repair your credit and obtain financing. The best part is all these services are FREE to you so long as you are buying one of our Lease Option Properties.

Next Steps to Get Started
Getting started is easy. You first need to meet some basic requirements which include:

Having a business that generates enough income to make the monthly buidling payments

Your credit score can be LOW and POOR however we don't accept recent foreclosures, recent repos or heavy collections

Once we establish that you have a job and you can pay your company bills on time, you are half way qualified. The next step is to do a short application. The process takes about 5 mintues on the phone or it can be done in person in our office. We will collect the following information from you:

Once credit has been pulled and the information you have given us has been validated, youwill be approved to purchase the building with Lease Option Terms

Purchase Terms

The purchase terms for all of our rent to own properties are the same. You can lock in the purchase price at today's value and purchase in 12 - 24 months after you acquire financing. That means you are able to build equity as you are purchasing the property Lease Option.

Lease Option Terms for this Property

Monthly Rent: $2650
PURCHASE PRICE $399,900

Available for Move: NOW