1154 Grand Ave, St Paul, MN 55105
RETAIL For Sale For LeaseYear Built: 1912
Floors: 2
| Space | Size | Type | Pricing |
|---|---|---|---|
| Mixed-Use: Retail + Office | SALE | $1,225,000.00 | |
| Office Space for Lease | LEASE | $18.46 ANNUAL/SF |
Hayden Hulsey, CCIM - Results Commercial
PHONE: 6517694826
PHONE: 6512567404
Mark Hulsey - Results Commercial
PHONE: 6517552068
PHONE: 6512567404
• Desirable 3-Unit Mixed-Use building with Parking located along highly sought after Grand Avenue in St. Paul • Perfect Investor, 1031 Opportunity, or Owner/User with a vacant 2nd level office for immediate Buyer occupancy • 11 car parking lot immediately behind the building. • Toppers Pizza occupies the entire first floor; second floor consists of two office suites (previously apartments), one occupied by Hovland Music and one vacant • Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029 • One office suite is leased through March 1, 2028 to Hovland Music; the second office suite is currently vacant (owner user can occupy) • The 2nd Floor was previously rented as 2 apartments with a change in use to Office. Infrastructure remains the same (kitchens, bathrooms) so these could likely be converted back to apartments easily. • Additional income from a billboard lease with Clear Channel, expiring March 31, 2029 • Prime corner location with excellent visibility, strong traffic counts, and high pedestrian activity at Grand Ave & S Dunlap St • Gross building area: ~7,100 square feet including basement. • Toppers: ~2,250 SF, Two offices: each ~1,300 SF, Basement: ~2,250 SF • Lot Size: 9,000 square feet (0.21 acres) allowing for future development potential • B2 – Community Business zoning, allowing for a wide range of permitted commercial and mixed-use applications • Highly walkable, amenity-rich location surrounded by national retailers including Starbucks, Kowalski’s, CVS, Walgreens, University of St. Thomas, Macalester College, Concordia University, and many others • Strong demographics, with an average household income of $155,132 within a 0.3-mile radius • Please do not disturb tenants. All tours through listing brokers. • Contact Listing Brokers Hayden Hulsey, CCIM and Mark Hulsey at hayden@resultscommercial.com or mark@resultscommercial.com for additional information, rent roll, expenses, or to schedule a tour.