289 5th Street E, 2, Saint Paul, MN 55101 (MLS# 6137209)

Overview

Description

Unique Opportunity for an Investor or Owner-User to capitalize on this condo unit location with $200,000 in finishes. It features premier visibility with its entrance across the street from the St Paul Farmers Market & the entrance to CHS Field, where the St. Paul Saints play. It's located on the Corner of 5th St E & Broadway St, boasting an exceptional design and impressive décor totaling over $3.5 Million, highlighted with an industrial ceiling throughout. • Prime retail location with a grand entrance on the corner of 5th Street E and Broadway • CHS Field (where the St. Paul Saints Play) and the St Paul’s Farmers Market are directly across the street. • Licensed Kitchen for Food Prep & Retail Sales (no hood), and large seating area. • Currently serves as a Coffee Shop/Cafe with beautiful flooring, high ceilings; and well-built counter. • Multiple High Windows throughout, and 1 Private Restroom. • Currently used as a Commercial Kitchen Storage Area with 2 Large Walk-in Coolers.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1902
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 5227.2
Foundation Size: 20000
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 100x200
Assessment Pending: No
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None CMU Style: Retail/Shopping Center Construction Status: Previously Owned Current Use: Restaurant Exterior: Brick/Stone Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air Neighborhood Name: Downtown On Site Utilities: Heating Common Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
Off Market Date: 2022-06-17
Closed Date: 2022-06-17
Sales Close Price: 2560000
Original List Price: 800000
Contingency: None
ListPrice: 2500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 289
Street Name: 5th
Street Suffix: Street
Street Direction Suffix: E
Unit Number: 2
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55101
Complex/Dev/Subdivision: Cic 715 Market House Comm Cond

Assessments

Tax With Assessments: 17492
Assessment Balance: 0

Basement

Foundation Dimensions: 57x56

More Information

Building Information

Building Finished SqFt: 5376
Building SqFt: 5376

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

Miscellaneous Information

FIPS Code: 27123
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 32
Township#: 29

Sale Options

Sale Includes: Business Assets,Business,Fixture/Equipment

Unit Details

Total Units: Yes

Office/Member Info

Association: SPAAR
MLSID: RMLS

Location, Tax and Other Information

Map Page: 108
Municipality: Saint Paul
Rental License?: No
School District: St. Paul
School District Phone: 651-767-8100
Map Coordinate Source: King's Street Atlas
Zip Plus 4: 4805
Property ID Number: 322922330367
Tax Year: 2021
Tax Amount: 17380
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Unique Opportunity for an Investor or Owner-User to capitalize on this condo unit location with $200,000 in finishes. It features premier visibility with its entrance across the street from the St Paul Farmers Market & the entrance to CHS Field, where the St. Paul Saints play. It's located on the Corner of 5th St E & Broadway St, boasting an exceptional design and impressive décor totaling over $3.5 Million, highlighted with an industrial ceiling throughout. • Prime retail location with a grand entrance on the corner of 5th Street E and Broadway • CHS Field (where the St. Paul Saints Play) and the St Paul’s Farmers Market are directly across the street. • Licensed Kitchen for Food Prep & Retail Sales (no hood), and large seating area. • Currently serves as a Coffee Shop/Cafe with beautiful flooring, high ceilings; and well-built counter. • Multiple High Windows throughout, and 1 Private Restroom. • Currently used as a Commercial Kitchen Storage Area with 2 Large Walk-in Coolers.
Directions: Get on I-94 E from South 6th St Follow I-94 E to Wall St in Saint Paul. Take exit 242C from I-94 E Continue on Wall St. Drive to 5th St E

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Neighborhood Name

Downtown: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Heating Common: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Restaurant: Yes