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388 W 9th Ave
Saint Paul Park, MN 55071

PRICE REDUCED: $4,500,000 (Appraised $5.4M) · Specialty Property For Sale · 23,680 SF

Investment Highlights

  • Total Dry Acres 27.03 | Islands & Submerged Islands 28.82 Acres | 2,340 Riverfront Footage
  • Gas Sales / 2 Large Haul Out Wells great shape & 1 Launch Ramp
  • 11,174 SF restaurant and banquet building 2 story with outside seating, open year round
  • 104 Rentable Wet Slips (76 w/ electric) Expandable to over 170 Wet Slips
  • 23,860 SF 2-story building for retail, office, showroom, mechanic shop, store | Large Outside Storage for boats / RV's
  • 4 Single Family Rental homes + 1 Duplex and Contractors Storage

PROPERTY FACTS

Property Type Specialty
Property Subtype
Marina
  • Specialty Contractor Storage Yard
Building Class C
Building Size 23,680 SF
No. Stories 2
Year Built 1998
Tenancy Single
Parking Ratio 4.22/1,000 SF

Amenities

  • Property Manager on Site
  • Waterfront
  • Air Conditioning

About 388 W 9th Ave , Saint Paul Park, MN 55071

Hidden Harbor Waterfront Development is on the majestic Mississippi River in Saint Paul Park, MN. For decades, the development and marina was known throughout the river as "Willie's Hidden Harbor". The property boasts a total of 55.85 acres; with total dry acreage east of shoreline of 27.03 acres and total islands and submerged islands of 28.82 acres. There is also 2,340' lineal feet of riverfront. The property has a 23,680 sf steel building with a 2,750 sf mezzanine built in the 1990's to 2000 plus additions. This building consists of a Show Room / Offices / Parts Room / Store & Mechanics Shop. Building has 2 large overhead doors. HH also has a 11,174 sf Restaurant building with a 2nd floor or 5,487 sf Upper Banquet Hall with a full service kitchen on 2nd floor with a bar. The Banquet Hall has views of the Mississippi. The Restaurant has outdoor seating & is open year round. The Marina consists of 104 rentable wet slips (76 with electricity), and is expandable to over 170 wet slips. The Marina sells gas and has two (2) large Haul-out Wells (the best around). There is also a launch ramp that is accessible to the public for a fee. The Marina has one of the largest outside boat storage yards on the Mississippi in MN, and the outside storage yards accommodate used boat sales. There are four (4) rental homes and one (1) duplex for rent, located on the grounds and currently all occupied by long term tenants. Property has the best zoning already in place, facility can do an array of different streams of income. HUGE PRICE REDUCTION - NOW PRICED BELOW APPRAISED VALUE EDDY A. DINGMAN 1-847-987-6626 Eddy@nationalgolfandmarina.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-027-22-14-0007
Land Assessment
$1,462,300
Improvements Assessment
$1,588,600
Total Assessment
$3,050,900

zoning

Zoning Code Res/ Multi / Marina /
Res/ Multi / Marina /
  • Listing ID: 16891176

  • Date on Market: 8/12/2019

  • Last Updated:

  • Address: 388 W 9th Ave, Saint Paul Park, MN 55071

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