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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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664 Grand Avenue, Saint Paul, MN 55105
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
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: 22
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
Agency Name: RE/MAX Results
Agency Phone: 651-251-4800
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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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 $3,850,000. Grand Avenue is located within the St. Paul school district. Search Saint Paul real estate on nanderson.counselorrealty.com today.