Mixed-Use Property For Sale - Restaurant / Retail / Multi-Family
For Sale:
- Building: 15,690 sf
- Residential Units: 8-2BR/1Ba apartment homes (772 sf to 774 sf)
- 2024 Tax: $64,242
- Sale Price: $2,600,000
Highlights and Features:
- 100% Occupied
- Year Built: 2016
- Zoning: T2 Traditional Neighborhood
- Located in the Summit-University neighborhood at the corner of University Avenue and Virginia Street
- Across from the Western Avenue Green Line Light Rail Station with connections to downtown St. Paul, the Minneapolis Central Business District and the University of Minnesota
- Minutes from shopping, dining and entertainment
- Controlled access
- Smoke free community
- High speed internet
- Off street parking available with adjacent property
- Apartment units are furnished with washer/dryers, refrigerator, microwave, dishwasher, and air conditioning
- Walk Score: 86 (Very walkable)
- Bike Score: 70 (Very bikeable)
- Nearby parks: Western Park, Central Village Park and Scheffer Playground
- Co-tenants: Adult Day Services LLC Rondo, Higher Standards, Inc., Aurora St. Anthony NDC, So Mala Café and Grill
- Area tenants: AMC Rosedale 14, Grandview Theatre, Mann Theatres, Jerome Hill Theater, Judah and the Lion, History Theater, InterContinental Saint Paul Riverfront, Cafe Latte, The Nook, The Happy Gnome, and more
Demographics:
- Average Household Income: 1 mile - $39,473, 3 miles - $54,772, and 5 miles - $61,594
- Average Household Population: 1 mile - 14,366, 3 miles - 99,578, and 247,681
Traffic Counts:
- University Avenue W: 10,700 vpd
- Western Avenue N: 5,884 vpd
- I-94: 127,488 vpd
Click here for more information: https://www.spaceavailablemn.com/q/properties/western-u-flats
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