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173 Western Ave N
Saint Paul, MN 55102
Handsome Hog · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- 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
RÉSUMÉ DE L'ANNONCE
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
13 760 pi²
Classe d’immeuble
C
Année de construction
1963
Revenu net d’exploitation
418 776 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
1,75
Taille du lot
0,18 AC
Zonage
2 / N-College/University - Commerciale
Stationnement
20 places (3,67 places par 1 000 pi² loué)
Façade
Impôts fonciers
| Numéro de lot | 01-28-23-21-0448 | Évaluation des bâtiments | 2 155 745 $ CAD |
| Évaluation du terrain | 443 929 $ CAD | Évaluation totale | 2 599 673 $ CAD |
Impôts fonciers
Numéro de lot
01-28-23-21-0448
Évaluation du terrain
443 929 $ CAD
Évaluation des bâtiments
2 155 745 $ CAD
Évaluation totale
2 599 673 $ CAD
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