This exceptional mixed-use property at 360 University Ave W in Saint Paul, Minnesota, presents a lucrative investment opportunity. Boasting 14,739 square feet, this two-story building, constructed in 2016, is currently 100% occupied. The property features a diverse tenant mix including a restaurant (So Mala Café and Grill), an auto shop, and apartment units, reflecting its versatile T2 Traditional Neighborhood zoning. With eight units in total, the building offers a strong rental income stream. Conveniently located near the Green Line/Western Avenue Light Rail Station, this property benefits from excellent accessibility and proximity to numerous amenities, including shopping, dining, and entertainment options. Building features include an elevator, controlled access, off-street parking, high-speed internet, and a smoke-free environment. The property is also a green building, reflecting a commitment to sustainability. Co-tenants include established businesses such as Adult Day Services LLC Rondo, Higher Standards, Inc., and Aurora St. Anthony NDC, adding to the property's stability and appeal. The asking price is $2,200,000. This is a rare opportunity to acquire a high-performing, mixed-use asset in a thriving Saint Paul neighborhood. The property's strong occupancy rate, desirable location, and diverse tenant base make it an ideal investment for discerning buyers seeking a stable and appreciating asset.
Highlights
$2,200,000 asking price.
14,739 square foot mixed-use building (retail, multifamily).
100% occupancy with eight units.
Built in 2016, two stories, T2 Traditional Neighborhood zoning.
Property Details
for 360 University Ave
Property type
Retail properties, Restaurants
Square Feet
14,739 SF
Year Built
2016
Stories
2
Units
8
Location Insight
City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.9555116
Longitude
-93.1151417
360 University Ave, Saint Paul, Minnesota
Nearby Similar for Sale
For Sale
$600,000
Prime Saint Paul Mixed-Use Portfolio
Two Buildings, 1,000 sq ft, Investment Opportunity
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Contacts
Amy Berg
Lisa Christianson
Visit Broker Website
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360 University Ave, Saint Paul, Minnesota, 55103
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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360 University Ave
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