This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

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

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,347 SF
Building Class
C
Year Built
1888
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.50
Lot Size
0.20 AC
Zoning
T2 - Traditional Neighborhood District
Parking
12 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
73 FT on Milford 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-29-23-41-0132
Land Assessment
$74,000
Improvements Assessment
$236,500
Total Assessment
$310,500
  • Listing ID: 18761719

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 879 Rice St, Saint Paul, MN 55117

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}