For Sale: Saint Paul MLS# 7043344
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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
• Contact Listing Brokers, Hayden Hulsey, CCIM & Mark Hulsey for more information and financials
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,850,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1928
State:
MN
Property Style:
Other
Zip Code:
55105
Neighborhood/Area:
100
Subdivision Name:
Summit Park Add To, St Pa
Interior
Bedrooms:
5
Bathrooms:
0
Exterior
Garage Spaces:
0
Foundation Size:
9,425 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Parking Lot
Lot & Land
Acres:
0.492
Geolocation:
44.939706, -93.127969
Inclusions:
Building, Business, Leases
Lot Dimensions:
143 x 150
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$91,560
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$91,560
Units
Total Units:
10
Miscellaneous
Current Use:
- Commercial
- Office
- Restaurant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.