1910-1912 University Ave W - Portfolio Sale

Retail: Mixed Use

1910 - 1912 University Ave W, Saint PaulMN 55104

Property Details

Location

Address
1910 - 1912 University Ave W, Saint PaulMN 55104
County
Ramsey
Submarket
MN - Northeast

Building Size

Building Size
15,978 SF
Retail Space
4,604 SF
Office Space
6,526 SF
Residential Space
2,588 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
2
Number of Units
7
Occupancy Type
Multi-tenant
Building Class
Building Status
Portfolio
Floors
2
Elevators
Not present
Year Built
1913
Year Renovated
2016
Sprinklers
Primary Const.
Brick
Total Parking
12
Parking Ratio
Air Conditioned
Yes

Land & Utilities

Land (Acres)
0.16 Acres
Land (SF)
7,013 SF
Electricity
Yes, Private
Sanitary Sewer
Yes, City, City of St Paul
Water
Yes, City, City of St Paul
Zoning
T3
Lot Depth
Lot Width

Contacts

Current Listings

Office/Retail/Mixed Use Property for Sale

This sale includes the following assemblage:

•1910 University Ave W

•1912 University Ave W

INVESTMENT OPPORTUNITY HIGHLIGHTS:

•2 buildings

•.32 acres

•Approximately 15,000 TSF

•Mixed use portfolio

•Assigned onsite parking

•Easy access to public transit

•Prime location in Midway

•High tenant occupancy

•Property management available

•Opportunity for owner operator

Description:

Owner occupant, investor or developer opportunity offering high occupancy, assigned onsite parking, and rare metered parking along University Avenue. Public transit, including Fairview Avenue Station nearby. Located at Union Park and Hamline Midway. Mixed use portfolio with 2 PIDs, (3) commercial/business user and (4) apartment unit lease. Newer retail store front windows plus visible signage opportunities. Major investment into the buildings throughout 2016/2017. Current roofing report and financials available upon request. Upper level of second PID includes both (4) one-bedroom apartments. Laundry room, washer, and dryer provided by Landlord in separate area. Each commercial unit comes with large basement square footage typically used as storage by occupying tenants. This building has been professionally managed and ready for new ownership. We invite further inquiry and questions prior to scheduling tours. Tours by appointment only.

Broker remarks:

Showings via appointment only by qualified buyer(s) and their representative(s). Measurements and condition reports based on information obtained from seller and third-party management to be used for marketing purposes only. Buyer(s) and buyer's representative(s) to perform own due diligence in the purchase process.

Keywords:

Commercial Real Estate, Twin Cities Real Estate, Multifamily, St. Paul Real Estate, University Avenue, Retail, Office, Investment Opportunity, Owner Occupant

This sale includes the following assemblage:

•1910 University Ave W

•1912 University Ave W

INVESTMENT OPPORTUNITY HIGHLIGHTS:

•2 buildings

•.32 acres

•Approximately 15,000 TSF

•Mixed use portfolio

•Assigned onsite parking

•Easy access to public transit

•Prime location in Midway

•High tenant occupancy

•Property management available

•Opportunity for owner operator

Description:

Owner occupant, investor or developer opportunity offering high occupancy, assigned onsite parking, and rare metered parking along University Avenue. Public transit, including Fairview Avenue Station nearby. Located at Union Park and Hamline Midway. Mixed use portfolio with 2 PIDs, (3) commercial/business user and (4) apartment unit lease. Newer retail store front windows plus visible signage opportunities. Major investment into the buildings throughout 2016/2017. Current roofing report and financials available upon request. Upper level of second PID includes both (4) one-bedroom apartments. Laundry room, washer, and dryer provided by Landlord in separate area. Each commercial unit comes with large basement square footage typically used as storage by occupying tenants. This building has been professionally managed and ready for new ownership. We invite further inquiry and questions prior to scheduling tours. Tours by appointment only.

Broker remarks:

Showings via appointment only by qualified buyer(s) and their representative(s). Measurements and condition reports based on information obtained from seller and third-party management to be used for marketing purposes only. Buyer(s) and buyer's representative(s) to perform own due diligence in the purchase process.

Keywords:

Commercial Real Estate, Twin Cities Real Estate, Multifamily, St. Paul Real Estate, University Avenue, Retail, Office, Investment Opportunity, Owner Occupant

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