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$3,650,000
Est. payment /mo
5 Beds
21,450 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Summit Park Add To, St Pa
MLS Listing ID 7043344
Bedrooms 5
Year Built 1928
Annual Tax Amount $91,560
Tax Year 2026
Contingent None
Lot Size 21450.000 Acres
Lot Dimensions 143x150
Property 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
• 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
Location
State MN
County Ramsey
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Forced Air
Inclusions Building, Business, Leases
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate
Present Use Commercial,Office,Restaurant
Building
Foundation 9425
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District St. Paul
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Listed by Mark Hulsey • RE/MAX Results
NEARBY SCHOOL & BUSINESS
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