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  • Price$649,900
  • SQ. Feet5,376
  • Acres0.34
  • Built1916

981 University Ave W, St. Paul

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$649,900
  • Square Footage5,376
  • Acres0.34
  • Year Built1916
  • TypeCommercial
  • Sub-TypeBusiness Opportunity, Retail/Shopping Center
  • StyleBusiness Opportunity, Retail/Shopping Center
  • StatusActive

Amenities

  • AmenitiesCable, Natural Woodwork, Security System, Tiled Floors
  • UtilitiesElectric Common, Heating Common, Hot Water Common
  • GaragesUncovered/Open, Driveway - Asphalt

Exterior

  • ExteriorStucco, Wood
  • Lot DescriptionCity Bus (w/in 6 blks), Corner Lot
  • RoofAsphalt Shingles, Flat
  • Foundation5376
  • ZoningBusiness/Commercial

Additional Information

  • Date ListedApril 23rd, 2019
  • Days on Market183
  • ZoningBusiness/Commercial

Community Information

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

Interior

  • AppliancesRefrigerator, Electronic Air Filter, Freezer
  • HeatingHot Water, Boiler
  • CoolingCentral

School Information

  • District625 - St. Paul

Listing Details

  • Listing OfficeRE/MAX Results

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

Date Details Price Change
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 Better Homes & Gardens Real Estate - All Seasons 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. Better Homes & Gardens Real Estate - All Seasons is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Better Homes & Gardens Real Estate - All Seasons, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on October 23rd, 2019 at 10:20am CDT.