1154 Grand Avenue
Saint Paul, MN 55105
Price: $1,250,000
• Desirable 3-Unit Mixed-Use building with Parking located along highly sought after Grand Avenue in St. Paul
• Perfect Investor, 1031 Opportunity, or Owner/User with a vacant 2nd level office for immediate Buyer occupancy
• 11 car parking lot immediately behind the building.
• Toppers Pizza occupies the entire first floor; second floor consists of two office suites (previously apartments), one occupied by Hovland Music and one vacant
• Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029
• One office suite is leased through March 1, 2028 to Hovland Music; the second office suite is currently vacant (owner user can occupy)
• The 2nd Floor was previously rented as 2 apartments with a change in use to Office. Infrastructure remains the same (kitchens, bathrooms) so these could likely be converted back to apartments easily.
• Additional income from a billboard lease with Clear Channel, expiring March 31, 2029
• Prime corner location with excellent visibility, strong traffic counts, and high pedestrian activity at Grand Ave & S Dunlap St
• Gross building area: ~7,100 square feet including basement.
• Toppers: ~2,250 SF, Two offices: each ~1,300 SF, Basement: ~2,250 SF
• Lot Size: 9,000 square feet (0.21 acres) allowing for future development potential
• B2 – Community Business zoning, allowing for a wide range of permitted commercial and mixed-use applications
• Highly walkable, amenity-rich location surrounded by national retailers including Starbucks, Kowalski’s, CVS, Walgreens, University of St. Thomas, Macalester College, Concordia University, and many others
• Strong demographics, with an average household income of $155,132 within a 0.3-mile radius
• Please do not disturb tenants
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Business/Commercial |
| Year Built |
1912 |
| School District |
St. Paul |
| County |
Ramsey |
| Lot Size |
149x60 |
| Acreage |
9,000 acres |
| Number of Units |
3 |
| Tax $ / Year |
$37,472 / 2025 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Section |
03 |
| Terrain Type |
|
| Driveway |
|
| Foundation |
2250.00 |
| Fuel Source |
Electric,Natural Gas |
| Handicap Access |
None |
| Heating |
Baseboard,Forced Air |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Parking Lot |
| Exterior Construction |
|
| Utilities |
Electric Separate,Heating Separate,Hot Water Separate |
| Laundry |
N |
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