1893 Highway 36 W, 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 Present
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
Garage Stalls
0

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

House Number
1893
Street Name
Highway 36
Street Direction Suffix
W
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55113
Complex/Dev/Subdivision
Rosedale Center Second, Additio

Assessments

Tax With Assessments
61942
Assessment Balance
0

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

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
ROSEDALE CENTER SECOND ADDITIO E 150 FT OF W 615 FT OF LOT 1 BLK 3
Listing City
Roseville
Map Page
93
Municipality
Roseville
School District
Roseville
School District Phone
651-635-1600
Zip Plus 4
6943
Property ID Number
092923310012
Tax Year
2024
Tax Amount
61942
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Hwy 36 to Fairview, North to Hwy 36 frontage Road, West to property

Accessible

Fully Wheelchair
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick Veneer
Yes

Financing Terms

Conventional
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Paved Lot
Yes
Uncovered/Open
Yes

Sewer

City Sewer - In Street
Yes
City Sewer/Connected
Yes

Water

City Water - In Street
Yes
City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Single Occupancy
Yes

Current Use

Restaurant
Yes
Listing Office: RE/MAX Results
IDX
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.