Saint Paul, MN 55113

$2,129,245.65

Property Type: Commercial Lot Size (sq. ft.): 62,998 Status: Closed

Current Price: $2,129,245.65 List Date: 10/21/2024 Last Modified: 1/11/2026

Overview

Description

Decades-long, successful restaurant location in the excellent Rosedale retail trade area. 14 year lease. Recent remodeling of flooring, lighting and decor. Same ownership since 1979. This is a can't miss opportunity in one of the very best locations in all of Minneapolis-St. Paul. Property is leased to Applebee's thru 9/30/2038.

Listing Details MLS# 6618927

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 123
Waterfront YN: No
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 62998
Foundation Size: 5229
For Sale or Lease: For Sale
Lot Dimensions: 418x150

Property Features

Accessible: Fully Wheelchair CMU Style: Single Occupancy Construction Status: Previously Owned Current Use: Restaurant Exterior: Brick Veneer Financing Terms: Conventional Fuel: Electric; Natural Gas Heating: Forced Air On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Paved Lot; Uncovered/Open Sewer: City Sewer - In Street; City Sewer/Connected Water: City Water - In Street; City Water/Connected

Contract Information

Off Market Date: 2024-10-30
Closed Date: 2025-01-10
Sales Close Price: 2129245.65
Contingency: None
ListPrice: 2253170
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55113
Complex/Dev/Subdivision: Rosedale Center Second, Additio

Assessments

Tax With Assessments: 61942

Building Information

Building Finished SqFt: 5229

More Information

Income and Expenses

Annual Net Income: 152089.45

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 09
Township#: 29

Sale Options

Sale Includes: Building

Unit Details

Total Units: Yes

Listing Office: RE/MAX Results

Last Updated: January - 11 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

, Saint Paul, MN 55113 (MLS# 6618927)