664 Grand Avenue Saint Paul, MN 55105
Other
MLS #: 7043344
Courtesy Of RE/MAX Results
Property InformationDescription
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
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Forced Air
- 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
- MLSID: 7043344
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
MAP & DIRECTIONS
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