611 Grand Land/Building w. Six Sm. Businesses

Asking Price: $2.8 Million with Land
Terms: Contract for Deed with $1.2 Million down at 5% interest with 5 year balloon
P.I.D.: 012823320037
Land Use Code: 431-C-SMALL STRIP CTR
Classification: 3A-Commercial/Industrial
Taxes: 2023 $83,876
Rent: $21,944 / PM
Rent/ Lease: SEE STORE BREAKDOWN INFO
Size: 14,895 square feet
Parking: 8 plus street
Years Established: Current 25 plus
Reason For Selling: Other interests.
ADDITIONAL COMMENTS: Introducing 611 Grand Ave, a prime commercial property situated in the bustling neighborhood of Saint Paul, MN. Boasting an excellent location, this property is currently home to thriving businesses, making it a fantastic investment opportunity. With a vibrant atmosphere, proximity to popular shops, restaurants, and cafes on Grand Avenue, and a steady rental income stream, this commercial property is an ideal choice for investors seeking a lucrative and sought-after asset in the heart of Saint Paul. This historic strip has been a fixture in the community for over 80 years; and is incredibly patronized by loyal and new customers daily.
This is a Confidential Listing. Do not discuss this property with employees or owner. For more information or an appointment call: D.J. SIKKA (Cell) 612-701-6296
NOTICE: Information provided by Seller. Neither Restaurant Brokers of MN nor its Agents Guaranty its Accuracy or Comprehensiveness.
NOTE: Pictures, photos and images used on this webpage are not exact representations of this property! They have been chosen for content and color rather than as exact images of this property.
RBOMN
Restaurant Brokers of Minnesota, Inc.
Brokerage | Project Management | Property Management
DJ Sikka 952-929-9273
Property ID: DJ, SB
Restaurant Brokers of Minnesota, Inc.
6010 Hwy. 7 | St. Louis Park | MN 55416
(952) 929-9273 T | (952) 922-1514 F
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