Saint Paul, MN 55104,981 University AVE W
Saint Paul, MN 55104,981 University AVE W
Saint Paul, MN 55104,981 University AVE W
18
$550,000
$596,000
7.7%
Est.Price: ?

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0.34 Acres Lot

981 University AVE W Saint Paul, MN 55104

Est. payment /mo
SOLD DATE : 03/11/2020

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Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision University Sub Of, Lots

MLS Listing ID 5218355

Sold Date 03/11/20

Year Built 1916

Annual Tax Amount $17,023

Tax Year 2019

Contingent None

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 122x122

Property Description

Opportunity Zone. Motivated Sellers! Redevelopment or existing building. 0.34 acre corner lot on University Ave & Chatsworth St., prime location, stand alone, Zoned T2 Traditional Neighborhood.

Current use is Bar/Tavern. Perfect retail environment. Easy access from University Ave & Chatsworth St., off street parking 23 spaces, on the Greenline Light Rail. The building has ~2,688 SF on main floor, ~2,688 SF in basement. 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.

Improvements: HVAC, water heater, water meter pipes, exterior repairs to stucco and roof. Roof 14 years old.

This sale presents an opportunity for an Owner/User or Investor to purchase an asset in an extremely high growth area. Allianz Soccer Stadium has sparked new interest in the neighborhood with many planned redevelopment projects.

Location

State MN

County Ramsey

Zoning Business/Commercial

Rooms

Basement Full

Interior

Heating Boiler, Hot Water

Cooling Central Air

Fireplace No

Appliance Electronic Air Filter, Freezer, Refrigerator

Exterior

Garage Asphalt, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Asphalt, Flat

Present Use Commercial, Food Service, Restaurant, Retail, Bar/Tavern

Parking Type Asphalt, Open

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot

Foundation 2688

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco, Wood Siding

Schools

School District St. Paul

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Listed by Mark Hulsey • RE/MAX Results

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Nicole Biczkowski

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