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173 Western Ave N
Saint Paul, MN 55102
Handsome Hog · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Historic brick architecture with arched windows and modern finishes
- Includes 47-stall surface parking lot on adjacent parcel
- Minutes from downtown St. Paul with strong demographics
- Prime corner visibility at Selby & Western with strong foot and vehicle traffic
- Surrounded by boutique retail, restaurants, and residential density
EXECUTIVE SUMMARY
Located at the vibrant intersection of Selby and Western Avenues in St. Paul’s Cathedral Hill neighborhood, the Handsome Hog property offers a rare opportunity to acquire a fully operational restaurant space with built-in visibility and character. The 13,760 SF building features 6,699 SF of main floor space and retains its original brick arched windows, blending historic charm with modern finishes. The property is currently occupied by Handsome Hog, a well-known Southern cuisine restaurant operating on a month-to-month lease at $44.12 PSF net, generating approximately $300,000 in annual net income.
The offering includes a separate parcel at 401 Selby Avenue, a 3,235 SF surface parking lot with approximately 47 stalls—an invaluable asset in this high-traffic corridor. The site benefits from strong vehicular counts (over 4,000 VPD on Selby and 3,100 VPD on Western) and is surrounded by a mix of boutique retailers, cafes, and residential density. Located just minutes from downtown St. Paul, the area boasts a 3-mile radius population of 169,029 and an average household income of $89,532, supporting strong daytime and evening traffic.
This is an ideal acquisition for investors seeking a stabilized income stream with upside potential or restaurateurs looking to secure a flagship location in one of St. Paul’s most desirable districts.
The offering includes a separate parcel at 401 Selby Avenue, a 3,235 SF surface parking lot with approximately 47 stalls—an invaluable asset in this high-traffic corridor. The site benefits from strong vehicular counts (over 4,000 VPD on Selby and 3,100 VPD on Western) and is surrounded by a mix of boutique retailers, cafes, and residential density. Located just minutes from downtown St. Paul, the area boasts a 3-mile radius population of 169,029 and an average household income of $89,532, supporting strong daytime and evening traffic.
This is an ideal acquisition for investors seeking a stabilized income stream with upside potential or restaurateurs looking to secure a flagship location in one of St. Paul’s most desirable districts.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,760 SF
Building Class
C
Year Built
1963
NOI
$415,017 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.75
Lot Size
0.18 AC
Zoning
2 / N-College/University - Commercial
Parking
20 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 01-28-23-21-0448 | Improvements Assessment | $2,155,745 CAD |
| Land Assessment | $443,929 CAD | Total Assessment | $2,599,673 CAD |
PROPERTY TAXES
Parcel Number
01-28-23-21-0448
Land Assessment
$443,929 CAD
Improvements Assessment
$2,155,745 CAD
Total Assessment
$2,599,673 CAD
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