1533 University Ave W - Retail FOR SALE


Saint Paul, MN 55104- Hamline-Midway
$800,000 USD
651-769-4826
1533 University Ave W, Saint Paul, MN for Sale
$800,000 USD
Retail - FOR SALE
1/32
null | Request Cap Rate

1533 University Ave W
Saint Paul, MN 55104
Hamline-Midway


HIGHLIGHTS

  • Well-Maintained Mixed Use Building: Retail + Office - only $76/sf!
  • 10,404 SF Mixed-Use Building with 3 levels of ~3,468 sf each.
  • 2 Retail spaces (Vacant Bar & Lvls) + ~15 Individual Offices on 2nd Floor.
  • Recent Capital Improvements include a new roof approximately three years old and a brand-new steam boiler
  • Prime Midway Location near Snelling and University, one of St. Paul’s busiest and most prominent intersections in St. Paul
  • Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-769-4826

OVERVIEW

• Well-Maintained Mixed-Use Building: Retail + Office - only $76/sf! • Directly across University from Major Development including Allianz Field, United Village, new apartments, New Offices, retail, New Hotel, and public gathering spaces. • 10,404 SF Mixed-Use Building with 3 levels of ~3,468 sf each. • 2 Retail spaces (Vacant Bar & Lvls) + ~15 Individual Offices on 2nd Floor. • Excellent Owner-User or Investment Opportunity: Ability to occupy or lease the former Trend Bar space (now vacant) • Stable Existing Income from a retail tenant occupying the rear of the first floor (Lvls) and several long-standing individual office tenants upstairs (~15 offices, ~11 tenants, only ~1 vacant). • Recent Capital Improvements include a new roof approximately three years old and a brand-new steam boiler. • Good condition property under the same ownership for many years. Basement partially finished. • Excellent Transit Access near the METRO Green Line, A Line, and multiple bus connections. • Prime Midway Location near Snelling and University, one of St. Paul’s busiest and most prominent intersections in St. Paul • Contact listing broker, Hayden Hulsey, CCIM for financials, questions, or tours. Thanks for looking!

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,187 SF

ZONING

T2

APN/PARCEL ID

34-29-23-23-0126

ASK ABOUT THIS PROPERTY

Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

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Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.