973 Smith Ave S - Freestanding FOR SALE


Saint Paul, MN 55118- South St Paul
$1,399,000 USD
612-310-5399
973 Smith Ave S, Saint Paul, MN for Sale
$1,399,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

973 Smith Ave S
Saint Paul, MN 55118
South St Paul


OVERVIEW

FOR SALE - 2nd Generation Restaurant Freestanding Building with Turnkey Restaurant Package INVESTMENT HIGHLIGHTS • Located on the border of West St. Paul and Mendota Heights • Renovated vintage storefront with large windows • Outdoor patio, bar area, and private event room • Ample street parking and signage opportunities • Prime location at Smith & Dodd, “Top of the Hill” in West St. Paul • Minutes from Grand Casino Arena, Ordway Center, and Palace Theater via High Bridge • Excellent visibility and traffic flow with MN-62 and Dodd Rd access • Fully outfitted, turn-key restaurant or retail space • Chef-designed commercial kitchen featuring: o 18' hood with fire suppression o 2 walk-in coolers and 1 freezer o High-end ovens o State-of-the-art tap system • Fully sprinkled, dual HVAC systems, TPO “green” white roof, updated plumbing & electrical • Additional garden-level kitchen for catering prep or rental use • ADA-compliant upgrades: wheelchair-accessible doors, grab bars, lowered switches • 3 bathrooms (2 public and 1 for staff) • Solid block/brick construction with finished full basement • Great for 2nd generation restaurant users PROPERTY OVERVIEW • Building Size: 6,824 sf (includes finished basement - 3,417 sf upper level) • Lot Size: .18 acres (7,841 sf) • County: Dakota • PID: 42-34950-02-120 • Zoning: B2 - Community Business • Occupancy Type: Single Tenant • Year Built: 1948 • Renovated: 2019-2020 • Floors: 2 • 1st Floor Clear Height: 12’ 3” • Basement Clear Height: 8’ 8” • Parking: 8 spaces and ample street parking • HVAC: Dual Systems • Sprinkler: Yes • Cross Streets: Smith Avenue S and Dodd Road • 2025 Tax: $10,604.00 • 2026 Proposed Tax: $11,448.00 • Sale Price: $1,399,000.00 DEMOGRAPHICS • Average HH Population: 1 mile - 8,018, 3 miles - 59,015, and 5 miles - 165,300 • Average HH Income: 1 mile - $76,949, 3 miles - $67,200, and 5 miles - $64,309 TRAFFIC COUNTS • Smith Avenue S: 8,688 vpd • Dodd Rd: 6,922 vpd

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

B2

APN/PARCEL ID

42-34950-02-120

ASK ABOUT THIS PROPERTY

Laura GillColliersMore Info
612-310-5399

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Laura GillColliersMore Info
612-310-5399

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