Property Listing
Description
• Results Commercial is pleased to exclusively present this 10-Unit Mixed-Use Asset prominently located along highly desirable Grand Avenue in St. Paul with Parking! • Diversified & Stable Income Stream with a balanced mix of retail, office, and residential tenants, reducing overall investment risk • Retail Component Anchored By Mick’s Bottle Shop and a new fully built-out Restaurant/Bar space (Russell’s) • 5 Apartments Upstairs including (1) Studio, (3) 1 bedrooms, (1) 2 bedroom • 3 Fully Leased Offices on the 2nd Level with strong rental history • 43 Car Parking lot included in Sale • Recent Capital Improvements include extensive interior and exterior updates, highlighted by a high-quality complete Restaurant & Bar buildout completed approximately one year ago • Beautiful Turn-Key Restaurant/Bar Opportunity with significant upfront capital already invested. Ready for immediate operation (no-lease back) • Stabilized Cash Flow with all units leased except for the available restaurant/bar space • Value-Add Opportunity with vacant restaurant/bar space ideal for owner operator or lease-up • Reason for Sale: Building & Restaurant Owner Retiring • Ideal For investors seeking stable in-place income with upside or restaurant/bar operators seeking true turn-key potential • 11,719 SF Above-Grade with 18,851 SF Total Building Area including basement • Strong Grand Avenue Location with consistent foot traffic, established retailers, and affluent surrounding demographics
Property Information
Status: Active
Sub Type: ********
List Price: $3,650,000
MLS#: 7043344
Current Price: $3,650,000
Address: ********
City: Saint Paul
State: MN
Postal Code: 55105
Geo Lat: ********
Geo Lon: ********
Subdivision: Summit Park Add To, St Pa
County: Ramsey
Property Description
Year Built: 1928
Lot Size SqFt: 21450
Gen Tax: 91560
Specials Inst: 0
High School: St. Paul
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Below Grade Finished Area: ********
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Style: ********
Total Bedrooms: 5
Total Bathrooms: 0
Total Full Baths: ********
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Garage Stalls: 0
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Property Features
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