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The Crocus 664 Grand Ave 18 851 pi² Commerce de détail Immeuble Saint Paul, MN 55105 5 351 500 $ CAD (283,88 $ CAD/pi²)
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Faits saillants de l'investissement
- 10-Unit Mixed-Use Asset prominently located along highly desirable Grand Avenue in St. Paul
- Retail Component Anchored By Mick’s Bottle Shop and a new fully built-out Restaurant/Bar space (Russell’s)
- 43 Car Parking lot included in Sale. 20 Car Parking & Trash Easement with Frattallone's
- Diversified & Stable Income Stream with a balanced mix of 2 retail, 3 office, and 5 residential units, reducing overall investment risk
- 2nd Floor: 5 Apartments - (1) Studio, (3) 1 bedrooms, (1) 2 bedroom + 3 Offices
- Beautiful Turn-Key Restaurant/Bar Opportunity with significant upfront capital already invested. Ready for immediate operation (no-lease back)
Résumé de l'annonce
• Results Commercial is pleased to exclusively present this 10-Unit Mixed-Use Asset prominently located along highly desirable Grand Avenue in St. Paul with Parking!
• Diversified & Stable Income Stream with a balanced mix of retail, office, and residential tenants, reducing overall investment risk
• Retail Component Anchored By Mick’s Bottle Shop and a new fully built-out Restaurant/Bar space (Russell’s)
• 5 Apartments Upstairs including (1) Studio, (3) 1 bedrooms, (1) 2 bedroom
• 3 Fully Leased Offices on the 2nd Level with strong rental history
• 43 Car Parking lot included in Sale. 20 Car Parking & Trash Easement with Frattallone's (they pay 40% of maintenance, repairs, snow). 23 Dedicated spaces to 664 Grand.
• Recent Capital Improvements include extensive interior and exterior updates, highlighted by a high-quality complete Restaurant & Bar buildout completed approximately one year ago
• Beautiful Turn-Key Restaurant/Bar Opportunity with significant upfront capital already invested. Ready for immediate operation (no-lease back)
• Stabilized Cash Flow with all units leased except for the available restaurant/bar space
• Value-Add Opportunity with vacant restaurant/bar space ideal for owner operator or lease-up
• Reason for Sale: Building & Restaurant Owner Retiring
• Ideal For investors seeking stable in-place income with upside or restaurant/bar operators seeking true turn-key potential
• 11,719 SF Above-Grade with 18,851 SF Total Building Area including basement
• Strong Grand Avenue Location with consistent foot traffic, established retailers, and affluent surrounding demographics
• Contact Listing Brokers, Hayden Hulsey, CCIM & Mark Hulsey for more information and financials
• Diversified & Stable Income Stream with a balanced mix of retail, office, and residential tenants, reducing overall investment risk
• Retail Component Anchored By Mick’s Bottle Shop and a new fully built-out Restaurant/Bar space (Russell’s)
• 5 Apartments Upstairs including (1) Studio, (3) 1 bedrooms, (1) 2 bedroom
• 3 Fully Leased Offices on the 2nd Level with strong rental history
• 43 Car Parking lot included in Sale. 20 Car Parking & Trash Easement with Frattallone's (they pay 40% of maintenance, repairs, snow). 23 Dedicated spaces to 664 Grand.
• Recent Capital Improvements include extensive interior and exterior updates, highlighted by a high-quality complete Restaurant & Bar buildout completed approximately one year ago
• Beautiful Turn-Key Restaurant/Bar Opportunity with significant upfront capital already invested. Ready for immediate operation (no-lease back)
• Stabilized Cash Flow with all units leased except for the available restaurant/bar space
• Value-Add Opportunity with vacant restaurant/bar space ideal for owner operator or lease-up
• Reason for Sale: Building & Restaurant Owner Retiring
• Ideal For investors seeking stable in-place income with upside or restaurant/bar operators seeking true turn-key potential
• 11,719 SF Above-Grade with 18,851 SF Total Building Area including basement
• Strong Grand Avenue Location with consistent foot traffic, established retailers, and affluent surrounding demographics
• Contact Listing Brokers, Hayden Hulsey, CCIM & Mark Hulsey for more information and financials
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
18 851 pi²
Classe d’immeuble
C
Année de construction/rénovation
1928/2025
Prix
5 351 500 $ CAD
Prix par pi²
283,88 $ CAD
Location
Multiples
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
0,88
Taille du lot
0,49 AC
Zonage
B2 - B2 - Community Business
Stationnement
29 places (1,76 places par 1 000 pi² loué)
Façade
101’ sur Grand Ave
Commodités
- Ligne d'autobus
- Affichage
Moyennement praticable à pied
70/100
Exceptionnellement facile d’accès en voiture
90/100
Bons transports en commun
60/100
Moyennement praticable en vélo
70/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 02-28-23-41-0074 | Évaluation des bâtiments | 2 773 666 $ CAD |
| Évaluation du terrain | 1 338 142 $ CAD | Évaluation totale | 4 111 808 $ CAD |
Impôts fonciers
Numéro de lot
02-28-23-41-0074
Évaluation du terrain
1 338 142 $ CAD
Évaluation des bâtiments
2 773 666 $ CAD
Évaluation totale
4 111 808 $ CAD
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Présenté par
The Crocus | 664 Grand Ave
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