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The Commodore Bar & Restaurant 79 Western Ave N

12,645 SF 100% Leased Retail Building Saint Paul, MN 55102 $1,995,000 ($158/SF)

Investment Highlights

  • The owner will entertain an outright sale or joint venture proposal(s), and leasing proposals will also be considered
  • The ballroom, which is comprised of approximately 2,620 SF, is additionally available.
  • Free parking available on a large surface lot via a shared parking agreement with the Commodore Condominium Association
  • ±10,025 SF of restaurant, bar, and event space across four distinct rooms that have been remodeled to the highest standards of quality.
  • One of the Twin Cities' most historically significant buildings that is located in one of the Twin Cities' most historically significant neighborhoods
  • Formerly home to the luxurious Commodore Hotel. Famous residents included F. Scott and Zelda Fitzgerald, Al Capone, and John Dillinger

Executive Summary

SVN | Northco has been engaged as the exclusive listing broker for the sale or joint venture offering of The Commodore Bar and Restaurant and associated real estate at 79 Western Avenue North, Saint Paul, Minnesota 55102 ("Property"). Experience the glamour and romance of a bygone era at the legendary Commodore, which has been a winner of "Best Restaurant Design" at the Charlie Awards, a food and beverage industry awards show, among many other accolades. The Property has been home to The Commodore Bar & Restaurant since 2015, but has been closed since the onset of the Covid-19 Pandemic, except as an event venue.
The Property is located in the heart of Cathedral Hill, one of the most desirable neighborhoods in the Twin Cities metropolitan area. Cathedral Hill is in close proximity to downtown Saint Paul, Selby Avenue (and its numerous restaurants and boutiques), and Grand Avenue, one of the most popular commercial corridors in the Twin Cities. The neighborhood is known for its elegant architecture, and cultural landmarks. Well-preserved Victorian and early 20th century homes adorn Cathedral Hill's charming tree-lined streets. The area offers a unique atmosphere with a range of restaurant options, from casual eateries to fine dining. You'll find bars, coffee shops, and entertainment venues here. A rich history and famous landmarks add to the neighborhood's charm. Just blocks from the renowned Cathedral of Saint Paul, the James J Hill Mansion, and the University Club of Saint Paul, The Commodore is a landmark in its own right.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,645 SF
Building Class
B
Year Built/Renovated
1920/2015
Price
$1,995,000
Price Per SF
$158
Percent Leased
100%
Building Height
1 Story
Building FAR
0.38
Lot Size
0.76 AC
Zoning
RM3 - Medium-Density Multiple-Family Residential
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Timber Wolf Cross Fit
Caribou Coffee
CorePower Yoga
StretchLab
Royal Bank of Canada
Orangetheory Fitness
Anytime Fitness
  • Listing ID: 29693561

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 79 Western Ave N, Saint Paul, MN 55102

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