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$1,250,000
Est. payment /mo
9,000 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Manson & Simontons, Addition
MLS Listing ID 7008180
Year Built 1912
Annual Tax Amount $37,472
Tax Year 2025
Contingent None
Lot Size 9000.000 Acres
Acres 9000.0
Lot Dimensions 149x60
Property Description
• Desirable 3-Unit Mixed-Use building with Parking located along highly sought after Grand Avenue in St. Paul
• Perfect Investor, 1031 Opportunity, or Owner/User with a vacant 2nd level office for immediate Buyer occupancy
• 11 car parking lot immediately behind the building.
• Toppers Pizza occupies the entire first floor; second floor consists of two office suites (previously apartments), one occupied by Hovland Music and one vacant
• Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029
• One office suite is leased through March 1, 2028 to Hovland Music; the second office suite is currently vacant (owner user can occupy)
• The 2nd Floor was previously rented as 2 apartments with a change in use to Office. Infrastructure remains the same (kitchens, bathrooms) so these could likely be converted back to apartments easily.
• Additional income from a billboard lease with Clear Channel, expiring March 31, 2029
• Prime corner location with excellent visibility, strong traffic counts, and high pedestrian activity at Grand Ave & S Dunlap St
• Gross building area: ~7,100 square feet including basement.
• Toppers: ~2,250 SF, Two offices: each ~1,300 SF, Basement: ~2,250 SF
• Lot Size: 9,000 square feet (0.21 acres) allowing for future development potential
• B2 – Community Business zoning, allowing for a wide range of permitted commercial and mixed-use applications
• Highly walkable, amenity-rich location surrounded by national retailers including Starbucks, Kowalski's, CVS, Walgreens, University of St. Thomas, Macalester College, Concordia University, and many others
• Strong demographics, with an average household income of $155,132 within a 0.3-mile radius
• Please do not disturb tenants
• Perfect Investor, 1031 Opportunity, or Owner/User with a vacant 2nd level office for immediate Buyer occupancy
• 11 car parking lot immediately behind the building.
• Toppers Pizza occupies the entire first floor; second floor consists of two office suites (previously apartments), one occupied by Hovland Music and one vacant
• Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029
• One office suite is leased through March 1, 2028 to Hovland Music; the second office suite is currently vacant (owner user can occupy)
• The 2nd Floor was previously rented as 2 apartments with a change in use to Office. Infrastructure remains the same (kitchens, bathrooms) so these could likely be converted back to apartments easily.
• Additional income from a billboard lease with Clear Channel, expiring March 31, 2029
• Prime corner location with excellent visibility, strong traffic counts, and high pedestrian activity at Grand Ave & S Dunlap St
• Gross building area: ~7,100 square feet including basement.
• Toppers: ~2,250 SF, Two offices: each ~1,300 SF, Basement: ~2,250 SF
• Lot Size: 9,000 square feet (0.21 acres) allowing for future development potential
• B2 – Community Business zoning, allowing for a wide range of permitted commercial and mixed-use applications
• Highly walkable, amenity-rich location surrounded by national retailers including Starbucks, Kowalski's, CVS, Walgreens, University of St. Thomas, Macalester College, Concordia University, and many others
• Strong demographics, with an average household income of $155,132 within a 0.3-mile radius
• Please do not disturb tenants
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Baseboard, Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Commercial,Office,Retail
Building
Foundation 2250
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District St. Paul
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Listed by Mark Hulsey • RE/MAX Results
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