664 Grand Avenue, Saint Paul, MN 55105

Overview

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 ... (Read more)

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 29
Waterfront Present: No
Year Built: 1928
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Lot Size SqFt: 21450
Foundation Size: 9425
Power Company: Xcel Energy
For Sale or Lease: For Sale
Lot Dimensions: 143x150
Garage Stalls: 0

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

Contract Information

Contingency: None
ListPrice: 3850000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 664
Street Name: Grand
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55105
Complex/Dev/Subdivision: Summit Park Add To, St Pa

Assessments

Tax With Assessments: 91560
Assessment Balance: 0

Building Information

Building Finished SqFt: 18851

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 02
Township#: 28

Sale Options

Sale Includes: Building, Business, Leases

Unit 1

Unit Number: Russell's
Level: Main Level
Unit Total SqFt: 3900
Leased?: No

Unit 10

Total Bedrooms: Yes
Unit Number: Apartment

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

Total Bedrooms: Yes
Unit Number: Apartment

Unit 7

Total Bedrooms: Yes
Unit Number: Apartment

Unit 8

Unit Number: Apartment

Unit 9

Total Bedrooms: 2
Unit Number: Apartment

Unit Details

Total Units: 10

Office/Member Info

Association: MAAR

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: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Concrete Perimeter: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Parking Characteristics

Parking Lot: Yes

Rental License Type

Other: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes

CMU Style

Apartments and Retail: Yes
Apartments/Multi Family: Yes
Business Opportunity: Yes
Mixed Use: Yes
Office: Yes
Retail/Shopping Center: Yes

Current Use

Commercial: Yes
Office: Yes
Restaurant: Yes