981 W University Avenue
Saint Paul, MN 55104

Commercial
  • 0.341acres
$750,000
Est. P&I payment: $2864.49/mo
981 W University Avenue, Saint Paul, MN 55104
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Description for 981 W University Avenue, Saint Paul, MN 55104
Great opportunity with Johnny Baby's Bar. Neighborhood bar in St. Paul, MN. Located on MT Light Rail. Same owners for last 13 yrs. Close to downtown and MN United Soccer Stadium. ANOI $148,038.10. Great potential to increase revenue. Newly resurfaced parking lot. Lots of space for outdoor seating. 1,000 sq ft of additional space that could be used as banquet room, or increased floor seating. New TVs, new security system, new bar top, new sewer. Don't miss out!
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My Notes for MLS #4893725

General Features

  • Acres: 0.341
  • Current Use: Restaurant,​Tavern/Lounge,​Food Service,​Commercial
  • Foreclosure Status: No
  • Year Built: 1916
  • Sale Includes: Business,​Building,​Land,​Fixture/Equipment
  • Total Number of Units: 1
  • Status: Active

Exterior Features

  • Exterior: Stucco
  • Parking Characteristics: Uncovered/Open
  • Road Frontage: Paved Streets,​Curbs,​Sidewalks
  • Lot Description: Corner Lot,​City Bus (w/in 6 blks)
  • Lot Dimensions: 122x122
  • Other Parking Spaces: 24

Interior Features

  • Building Finished Square: 5,376
  • Handicap Accessible: Doors 36"+
  • Basement: Full,​Stone
  • Roof: Flat,​Age 8 Years or Less

Utilities Features

  • Air Conditioning: None
  • Heating: Hot Water
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Net Income: 148,038
  • Tax Amount: 15,317
  • Tax With Assessments: 16,488
  • Tax Year: 2017
  • Annual Gross Income: 798,037

Community Features

  • County: Ramsey
  • Municipality: Saint Paul
  • Postal City: Saint Paul (MN)
  • Neighborhood: Thomas-Dale (Frogtown)

School Features

  • School District: 625 - St. Paul
  • School District Phone: 651-767-8100

Misc Features

  • Amenities - Unit: Tiled Floors,​Security System
  • Foundation Size: 2,688
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 981 W University Avenue, Saint Paul, MN 55104
From I94 head north on Dale. Turn west on University
The listing information for 981 W University Avenue, Saint Paul, MN 55104 was graciously provided by our friends at the listing brokerage, Orono Realty Inc

Get Financing for 981 W University Avenue, Saint Paul, MN 55104

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $2864.49
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Last Updated 01/17/2018 at 3:06am
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