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981 W University Ave
Saint Paul, MN 55104

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,376 SF
Building Class
C
Year Built/Renovated
1916/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.34 AC
Zoning
T2-Traditional Neigh. - T2 - Traditional Nieghobood zoning
Parking
23 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
122 FT on Chatsworth St

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection

About 981 W University Ave , Saint Paul, MN 55104

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. Contact Brokers, Mark Hulsey and Douglas Harris, for more information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-29-23-23-0200
Land Assessment
$446,200
Improvements Assessment
$95,100
Total Assessment
$541,300
  • Listing ID: 15806622

  • Date on Market: 4/23/2019

  • Last Updated:

  • Address: 981 W University Ave, Saint Paul, MN 55104

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