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981 University Ave W, St. Paul, MN – $629,900

  • $630k Price
  • 5,376 Sqft
  • .34 Acres
  • 212 DOM
  • $630k Price
  • 5,376 Sqft
  • .34 Acres
  • 212 DOM

981 University Ave W

Prime stand-alone retail on the corner of University Ave & Chatsworth St. Current use: Bar/Tavern. Johnny Baby's is a very well run business, both front and back of house, well established, family owned and operated for 15 years. Positive NOI, strong local customer base, easy access, off street parking, on the Greenline Light Rail. Located in an Opportunity Zone. The building has 2,813 SF on main floor. Zoning: T-2-Traditional Neighborhood. 100 seat capacity with 11 off street parking. Basement has dry storage, good access to mechanicals, plumbing and electrical, boiler system, ample electric, 2 water heaters, storage room, keg cooler, employee bathroom and breakroom/office area. Additional income from Pull Tabs, ATM, rented vending machine, games and Juke Box. Improvements: Point of Sale system, TV's, video surveillance, HVAC, water heater, water meter pipes, epoxy bar top, exterior repairs to stucco and roof. Roof 14 years old.

Essential Information

  • MLS® #5218355
  • Price$629,900
  • Square Footage5,376
  • Acres0.34
  • Year Built1916
  • TypeCommercial
  • StatusActive

Sub-Type

Business Opportunity, Retail/Shopping Center

Style

Business Opportunity, Retail/Shopping Center

Community Information

  • Address981 University Ave W
  • AreaThomas-Dale (Frogtown)
  • SubdivisionUniversity Sub Of, Lots
  • CitySt. Paul
  • CountyRamsey
  • StateMN
  • Zip Code55104

Amenities

Amenities

Natural Woodwork, Tiled Floors, Security System, Cable

Utilities

Heating Common, Electric Common, Hot Water Common

Garages

Uncovered/Open, Driveway - Asphalt

Interior

  • HeatingHot Water, Boiler
  • CoolingCentral

Appliances

Refrigerator, Freezer, Electronic Air Filter

Exterior

  • ExteriorWood, Stucco
  • RoofAsphalt Shingles, Flat
  • Foundation5376

Lot Description

Corner Lot, City Bus (w/in 6 blks)

School Information

  • District625 - St. Paul

Additional Information

  • Date ListedApril 23rd, 2019
  • Days on Market212
  • ZoningBusiness/Commercial

Listing Details

  • OfficeRE/MAX Results
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Price Change History for 981 University Ave W, St. Paul, MN (MLS® #5218355)

Date Details Change
Price Reduced from $639,900 to $629,900 $10,000 (1.56%)
Price Reduced from $649,900 to $639,900 $10,000 (1.54%)
Price Reduced from $688,000 to $649,900 $38,100 (5.54%)
Price Reduced from $699,900 to $688,000 $11,900 (1.70%)

Mortgage Calculator

Mortgage Information

Mortgage Summary

  • Monthly Payment $0.00
  • Monthly Home Owners Fee $0.00
  • Monthly Taxes $0.00
  • Private Mortgage Insurance $0.00
  • Total Monthly Payment $0.00

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Lakes | Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Lakes | Sotheby's International Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Lakes | Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

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Listing information last updated on November 21st, 2019 at 5:21am CST.

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