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  • 981 University Ave W

  • St. Paul, MN 55104
  • Neighborhood: University Sub Of, Lots
  • $639,900
  • 5,376 SqFt
  • $119.03 / SqFt
  • MLS® #: 5218355
  • Year Built: 1916
  • Days Listed: 204
Commercial property for sale in St. Paul, MN at 981 University Ave W. This property is priced at $119/sqft.
REDUCED

Description of 981 University Ave W, St. Paul, MN 55104 - $639,900

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$639,900
  • Square Footage5,376
  • Acres0.34
  • Year Built1916
  • TypeCommercial
  • StatusActive

Community Information

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

Exterior

  • ExteriorWood, Stucco
  • RoofAsphalt Shingles, Flat
  • Foundation5376

Sub-Type

Business Opportunity, Retail/Shopping Center

Interior

  • HeatingHot Water, Boiler
  • CoolingCentral

Lot Description

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

Style

Business Opportunity, Retail/Shopping Center

Appliances

Refrigerator, Freezer, Electronic Air Filter

School Information

  • District625 - St. Paul

Additional Information

  • Listing OfficeRe/max Results
  • Date ListedApril 23rd, 2019
  • Days on Market204
  • ZoningBusiness/Commercial

Kris LindahlREALTOR®

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Price Change History for 981 University Ave W, St. Paul, MN (MLS® #5218355)

Date Details Price Change
Price Reduced $639,900 $10,000 (1.54%)
Price Reduced $649,900 $38,100 (5.54%)
Price Reduced (from $699,900) $688,000 $11,900 (1.70%)
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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 Kris Lindahl - Real Estate 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. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on November 13th, 2019 at 2:22pm CST.