$3,650,000
MLS# 7043344
5 beds
1 / 70
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
Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $3,650,000
Contingency: None
ListPrice: 3650000
List Date: 2026-03-26
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 29
Waterfront YN: No
Year Built: 1928
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Lot Dimensions: 143x150
Foundation Size: 9425
Lot Size SqFt: 21450
Garage Stalls: 0
Power Company: Xcel Energy
For Sale or Lease: For Sale
Assessment Pending: No
Bedrooms: 5
Location, Tax and Other Information
Legal Description: SUMMIT PARK ADDITION TO ST PA EX E 17 1/6 FT LOT 9 AND ALL OF LOTS 1O 11 AND LOT 12 BLK 2
Listing City: Saint Paul
Map Page: 122
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Zip Plus 4: 3510
Property ID Number: 022823410074
Tax Year: 2026
Tax Amount: 91560
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: • 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
Directions: Located: Grand Ave near Dale on South side on street.
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 91560
Building Information
Building Finished SqFt: 18851
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Concrete Perimeter: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 23
Section#: 02
Township#: 28
Rental License Type
Other: 1
Sale Options
Sale Includes: Building, Business, Leases
Sewer
City Sewer/Connected: 1
Unit 1
Leased?: No
Level: Main Level
Unit Number: Russell's
Unit Total SqFt: 3900
Unit Details
Total Units: 10
Water
City Water/Connected: 1
Unit 2
Unit Number: Mick's Bo
Unit Total SqFt: 2795
Unit 3
Unit Number: 201- Offi
Unit Total SqFt: 750
Unit 4
Unit Number: 202 - Off
Unit Total SqFt: 600
Unit 5
Unit Number: 203 - Off
Unit Total SqFt: 607
Unit 6
Unit Number: Apartment
Total Bedrooms: 1
Unit 7
Unit Number: Apartment
Total Bedrooms: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
CMU Style
Apartments and Retail: 1
Apartments/Multi Family: 1
Business Opportunity: 1
Mixed Use: 1
Office: 1
Retail/Shopping Center: 1
Current Use
Commercial: 1
Office: 1
Restaurant: 1
Unit 10
Total Bedrooms: 1
Unit Number: Apartment
Unit 8
Unit Number: Apartment
Unit 9
Total Bedrooms: 2
Unit Number: Apartment
Location Tax and Other Information
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55105
Complex/Dev/Subdivision: Summit Park Add To, St Pa
Property Features
Accessible: None
CMU Style: Apartments and Retail; Apartments/Multi Family; Business Opportunity; Mixed Use; Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial; Office; Restaurant
Exterior: Brick/Stone
Foundation: Concrete Perimeter
Fuel: Natural Gas
Heating: Forced Air
Lock Box Type: None
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Parking Lot
Rental License Type: Other
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: June - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.