$639,900

981 University Ave W

St. Paul MN, 55104

Description

Prime stand-alone retail on the corner of University Ave & Chatsworth St. Current use: Bar/Tavern. Johnny Baby's is a very well run business, both front and back of house, well established, family owned and operated for 15 years. Positive NOI, strong local customer base, easy access, off street parking, on the Greenline Light Rail. Located in an Opportunity Zone. The building has 2,813 SF on main floor. Zoning: T-2-Traditional Neighborhood. 100 seat capacity with 11 off street parking. Basement has dry storage, good access to mechanicals, plumbing and electrical, boiler system, ample electric, 2 water heaters, storage room, keg cooler, employee bathroom and breakroom/office area. Additional income from Pull Tabs, ATM, rented vending machine, games and Juke Box. Improvements: Point of Sale system, TV's, video surveillance, HVAC, water heater, water meter pipes, epoxy bar top, exterior repairs to stucco and roof. Roof 14 years old.

Details

MLS#5218355
Sub-TypeResale
StatusActive
Year1916
Days On Site204

Features

SQ Feet5,376
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55104

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Area Information

StateMN
CountyRamsey
CitySt. Paul
Zip Code55104
AreaSaint Paul (MN)
Listing VS Median (in 55104)
Price:
$639,900
low | high
Med:
$259,900
100% of Average
SqFt:
5,376
low | high
Med:
1,211
100% of Average
$ / SqFt:
$119
low | high
Med:
$215
30.305629401993% of Average
On Site:
204
low | high
Med:
16
100% of Average
Listing Updated: 11/12/2019
MLS Number: 5218355
Listing Provided By:
Mark Hulsey  of  RE MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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