860 University AVE W, Saint Paul, MN 55104
860 University AVE W, Saint Paul, MN 55104
860 University AVE W, Saint Paul, MN 55104
860 University AVE W, Saint Paul, MN 55104
860 University AVE W, Saint Paul, MN 55104
860 University AVE W, Saint Paul, MN 55104
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$ 1,250,000
Est. payment | /mo

4,399 Sqft Lot


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$ 1,250,000
Est. payment | /mo
Save

4,399 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Milton Add

MLS Listing ID 7127982

Year Built 1914

Annual Tax Amount $9,994

Tax Year 2025

Contingent None

Lot Size 4,399 Sqft

Lot Dimensions 37x119

Property Description

A rare opportunity to own the real estate, an established operating restaurant, and five income producing residential units — all in one! This well-established University Avenue property has been family owned and operated since 1986 with the big-ticket improvements are already done: roof replaced within the last 5 years, exterior siding improvements, updated commercial kitchen, new hood system, and two commercial freezers make this an exceptional turnkey opportunity from day one.
Zoned T2 with flexible zoning and light rail access right at the doorstep, this 5,008 SF building sits on a high-traffic stretch of University Avenue with multiple income streams and long-term upside. Whether you're an owner-operator running the restaurant yourself or an investor collecting rent, this property delivers strong income potential. Step into an established business with loyal clientele, five leased residential units producing steady cash flow, and major capital expenditures already behind you.

Location

State MN

County Ramsey

Zoning Business/Commercial

Rooms

Basement Full

Kitchen Cookware/Utensils, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Warming Table, Dishwasher, Flat Top, Freezer, Fryer, Grill

Interior

Heating Boiler

Inclusions Building, Business

Fireplace No

Appliance Stainless Steel Appliances

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Heating Common

Present Use Restaurant

Building

Story Two

Foundation 1678

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District St. Paul

Listed by Deanna Doyle • Coldwell Banker Realty

NEARBY SCHOOLS & PROPERTIES

Cynthia Froid

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 578-1303

cindy@cynthiafroid.com

709 2nd Street South, Minneapolis, Minnesota 55401, United States

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860 University AVE W