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- LoopNet Team
879 Rice St
Saint Paul, MN 55117
Retail Property For Sale
Investment Highlights
- Mixed Use: Bar Main Floor + Upstairs Potential Apartment + Food Truck + Billboard Income
- Upstairs: Kitchen, Dining Area, Bathroom, Closets, Lots Of Light, ~1,449 SF
- Food Truck: 15’ x 7’ Towable Trailer, Customized Kitchen With Deep Fry, Stove, Oven, Hood, Fridges, Counters
- Billboard Income: $190.39 P/Mo, Increases $20 P/Mo In 2021, Contract Expires 10/31/2026
- SF: ~1,449 SF Main Floor Bar, ~1,449 SF Upstairs Apartment Potential, ~1,449 Basement Storage
PROPERTY FACTS
- Storefront Retail/Office
- General Retail Freestanding
- General Retail Storefront Retail/Residential
- Office Office Residential
- 73 FT on Milford St
- 26 FT on Rice St
Amenities
- Dedicated Turn Lane
- Signage
About 879 Rice St , Saint Paul, MN 55117
Mixed use 4 lot property with bar on main floor, apartment opportunity upstairs, food truck serving food in parking lot, rooftop Billboard income = $190.39 per month and an estimated 12 off street parking spaces. Zoned T2 – Traditional Neighborhood. Stand-Alone, Mixed Use, Corner Lot on Milford & Rice Streets, 4 lots equaling 0.20 acres. Main floor is full bar. Upstairs apartment has kitchen, dining area, bathroom, closets and many windows. Food truck towable trailer with fully outfitted kitchen is 15’x7’. Each floor has ~1,449 SF. Basement has dry storage, good access to mechanicals, plumbing and electrical, forced air heating, ample electric, water heater, keg cooler, central A/C. Can continue as bar or become new retail. This sale presents a fantastic opportunity for an Owner/User or an investor to purchase an asset in an active area for redevelopment with recent building completed across the street in 2008. Contact Brokers, Douglas Harris and Mark Hulsey for more information.
Links
PROPERTY TAXES
Parcel Number | 25-29-23-41-0132 | Improvements Assessment | $236,500 |
Land Assessment | $74,000 | Total Assessment | $310,500 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 18761719
Date on Market: 3/5/2020
Last Updated:
Address: 879 Rice St, Saint Paul, MN 55117
The Retail Property at 879 Rice St, Saint Paul, MN 55117 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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