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$1,250,000

0 Beds 0 Baths 5,008 SQFT 0.10 Acres
Type: Commercial

860 University Avenue W
Saint Paul, MN 55104

MLS#: 7127982
Joel Lambert
Joel Lambert
The Real Estate Advantage
Licensed Real Estate Agent
Phone: 612.220.2611
Office: 651.272.4688
Presented by: Coldwell Banker Realty

Property Description

 

A rare opportunity to own the real estate, an established operating restaurant, and five income producing residential units — all in one! This well-established University Avenue property has been family owned and operated since 1986 with the big-ticket improvements are already done: roof replaced within the last 5 years, exterior siding improvements, updated commercial kitchen, new hood system, and two commercial freezers make this an exceptional turnkey opportunity from day one. Zoned T2 with flexible zoning and light rail access right at the doorstep, this 5,008 SF building sits on a high-traffic stretch of University Avenue with multiple income streams and long-term upside. Whether you're an owner-operator running the restaurant yourself or an investor collecting rent, this property delivers strong income potential. Step into an established business with loyal clientele, five leased residential units producing steady cash flow, and major capital expenditures already behind you.


 

Interior Features

Other Interior Features

BasementFull
Basement (Y/N)Yes
Foundation Dimensions55x25x16x20
FuelNatural Gas
Garage Dimensions0
Garage Square Feet0

General

AccessibilityOther
Additional Parcels Y/NNo
AppliancesStainless Steel Appliances
Carport Spaces0
CitySaint Paul
ContingencyNone
CountyRamsey
Current UseRestaurant
DirectionsI-35W or I-35E - exit University Ave ? connect to University Ave W, head to Victoria St S. Corner of University Ave W & Victoria St S. Green Line runs right along it.
Garage Spaces0
HeatingBoiler
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total6
Possible UseRestaurant
PostalCitySaint Paul
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMilton Add
Tax Annual Amount$9,994
Tax Year2025
UtilitiesElectric Common, Heating Common
Year Built1914
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total5,008 sqft
Foundation Area1,678 sqft
InclusionsBuilding, Business
Lot Dimensions37x119
Lot Size Area0 sqft
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$1,250,000

0 Beds 0 Baths 5,008 SQFT 0.10 Acres
Type: Commercial

860 University Avenue W
Saint Paul, MN 55104

MLS#: 7127982
Joel Lambert
Joel Lambert
The Real Estate Advantage
Licensed Real Estate Agent
Phone: 612.220.2611
Office: 651.272.4688