1220 Rice Street Saint Paul, MN $ 650,000
1220 Rice Street
$ 650,000
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1220 Rice Street

Saint Paul, MN, 55117
$ 650,000
Baths0.0 Sq 6,084

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in Saint Paul, MN

for $650,000. This 6,084 square foot building was built in 1956 on a lot size of 0.08.

Exceptional opportunity to acquire a building, renowned as a cornerstone in the vibrant St. Paul community for an extensive period. This prime establishment boasts high foot traffic, an abundance of convenient parking, and has undergone a recent comprehensive electrical renovation within the facility along with new furnace and air conditioning. Position yourself at the forefront of the Eclectic Eastside Culinary Experience and capitalize on the solid foundation laid by this revered establishment. The building boasts a spacious dining room complemented by a well-equipped bar, providing a welcoming atmosphere for patrons. With two fully functional kitchen spaces and a separate event room, the possibilities for culinary creativity and hosting a variety of occasions are limitless.

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,184

Style

Retail

Lot Size

0.08

Year Built

1956

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6469821

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Heating Common
Roof Age Over 8 Years Rubber
Appliances Cooktop Dishwasher Disposal Exhaust Fan Freezer Gas Water Heater Indoor Grill Range Refrigerator Wall Oven
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1956
Levels One
Property SubType Other Retail
Tax Year 2023
Current Use Commercial Food Service
Accessibility Grab Bars In Bathroom
County Ramsey
Property Type Commercial Sale
Association Amenities Concrete Floors & Walls Fire Sprinkler System
Contingency Inspection
Subdivision Name Wifelburg Hills
Directions On the Corner of Rice Street and Maryland Ave.
City Saint Paul
Buyer Agent Compensation 2.50
High School District St. Paul
Zoning Description Business/Commercial
Total Units 1
Street Name Rice
Land Lease Y/N N
Tax Annual Amount 15184
Additional Parcels Y/N N
Days on Market 134
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Security System
Buyer Agent Compensation Type %
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Interior
Basement Block
Basement (Y/N) Y
Street Suffix Street
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Parking Features Paved
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Fixture/Equipment
Lot Size Area 0.08
Building Area Total 6084
Lot Dimensions 91x40x90x40
Lot Size Units Acres
Foundation Area 3640
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1220
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

jason@jasongorman.com

Email

Affordability Calculator

$5,806
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$1,265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$650,000 -7.14% Price Down
12/18/2023$700,000 Listed Price

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1220 Rice Street, Saint Paul, MN, 55117 is a Commercial Property for sale at $650,000 with 6,084 sqft and a lot size of 0.08. 1220 Rice Street is a studio with 0.0 baths and was built in 1956. The property's zip code is 55117 which is in Saint Paul, MN