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664 Grand Avenue, Saint Paul, MN 55105

$3,650,000
MLS# 7043344
  • 664 Grand Avenue, Saint Paul, MN 55105 Main Photo

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STATUS: Active
PROPERTY TYPE: Commercial - Office
SUBDIVISION: Summit Park Add To, St Pa
SCHOOL: St. Paul

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

664 Grand Avenue | MLS# 7043344

This commercial property located at 664 Grand Avenue, Saint Paul, MN 55105 is currently listed for sale with an asking price of $3,650,000. Grand Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealtyalex.com today.

Property Features

Property Type: Commercial - Office
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.49 Acres
Taxes: $91,560
Year Built: 1928

Feature Descriptions

Current Use: Commercial, Office, Restaurant
Days on Site: 163
Foundation Size: 9425
Lot Dimensions: 143x150
Parcel#: 022823410074
Parking: Parking Lot
Sale Includes: Building, Business, Leases
Sewer: City Sewer/Connected
Units: 10
Utilities: Electric Separate, Heating Separate
Water: City Water/Connected

Local Schools

School District: St. Paul

Listed By / Shown By

Listed By

Agency Name: RE/MAX Results
Agency Phone: 651-251-4800

Shown By

Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111

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