860 University W Avenue, Saint Paul, Minnesota 55104

MN, Saint Paul
$1,250,000
  • Commercial Sale Property Type
  • 1914 Year Built
  • Active Status
See All 20 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7127982
  • Price: $1,250,000
  • Year Built: 1914
  • Listing Status: Active
  • Office Name: Coldwell Banker Realty
Features
  • Heating System Boiler
  • Basement Full
  • Parking Parking Lot
  • Utilities Heating Common,Electric Common
  • Exterior Features Stone
  • Sewer City Sewer/Connected
Appliances
  • Stainless Steel Appliances
Address Map
  • Country US
  • State MN
  • County Ramsey
  • City Saint Paul
  • Zipcode 55104
  • Street: University
  • Street Number: 860
  • Street Suffix: Avenue
  • Longitude: W94° 51' 48''
  • Latitude: N44° 57' 19.4''
  • Directions: I-35W or I-35E - exit University Ave ? connect to University Ave W, head to Victoria St S. Corner of University Ave W & Victoria St S. Green Line runs right along it.
  • Street Dir Suffix: W
Neighborhood
  • High School District: St. Paul
MLS Addon
  • Office Name: Coldwell Banker Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Other
  • Building Size: 5008
  • Current Use: Restaurant
  • Foundation Details: Poured Concrete
  • Levels: Two
  • Lot Size Dimensions: 37x119
  • Number Of Units Total: 6
  • Possible Use: Restaurant
Financial
  • Tax Annual Amount: 9994
Listing Information
  • List Agent Mls Id: 506014682
  • List Office Mls Id: 8237
  • Modification Timestamp: 2026-08-26T15:33:07Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$