1679-1681 W University Ave - Storefront FOR SALE


Saint Paul, MN 55104- Hamline-Midway
$399,000 USD
877-366-2213
1679-1681 W University Ave, Saint Paul, MN for Sale
$399,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

1679-1681 W University Ave
Saint Paul, MN 55104
Hamline-Midway


HIGHLIGHTS

  • Street Retail
  • Billboard Income
  • Off street parking

OVERVIEW

Currently used as a music studio. Major Electrical updates within last year. Billboard Income of $5,400.00 in 2024 3% annual increases. Billboard Tenant has the option to renew every 2 years. 2,300 feet on each level. Full Basement that is partially finished. Highest and best offer due by April 30th, 2025

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Heard Love Music

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,600 SF

ZONING

T3

APN/PARCEL ID

33-29-23-14-0182

ASK ABOUT THIS PROPERTY

Mike FinleyLPT RealtyMore Info
877-366-2213

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Mike FinleyLPT RealtyMore Info
877-366-2213

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