860 University Avenue W Saint Paul, MN $ 1,250,000
860 University Avenue W
$ 1,250,000
Share Save

860 University Avenue W

Saint Paul, MN, 55104
$ 1,250,000
Bedrooms-- Baths-- Sq 5,008

Monthly Estimate*

$ 8,633

860 University Avenue W, Saint Paul, MN 55104 - Image 1
860 University Avenue W, Saint Paul, MN 55104 - Image 2
860 University Avenue W, Saint Paul, MN 55104 - Image 3
860 University Avenue W, Saint Paul, MN 55104 - Image 4
860 University Avenue W, Saint Paul, MN 55104 - Image 5
860 University Avenue W, Saint Paul, MN 55104 - Image 6
860 University Avenue W, Saint Paul, MN 55104 - Image 7
860 University Avenue W, Saint Paul, MN 55104 - Image 8
860 University Avenue W, Saint Paul, MN 55104 - Image 9
860 University Avenue W, Saint Paul, MN 55104 - Image 10
860 University Avenue W, Saint Paul, MN 55104 - Image 11
860 University Avenue W, Saint Paul, MN 55104 - Image 12
860 University Avenue W, Saint Paul, MN 55104 - Image 13
860 University Avenue W, Saint Paul, MN 55104 - Image 14
860 University Avenue W, Saint Paul, MN 55104 - Image 15
860 University Avenue W, Saint Paul, MN 55104 - Image 16
860 University Avenue W, Saint Paul, MN 55104 - Image 17
860 University Avenue W, Saint Paul, MN 55104 - Image 18
860 University Avenue W, Saint Paul, MN 55104 - Image 19
860 University Avenue W, Saint Paul, MN 55104 - Image 20

Commercial Property for sale in Saint Paul, MN

for $1,250,000. This 5,008 square foot building was built in 1914 on a lot size of 0.101.

A rare opportunity to own the real estate, an established operating restaurant, and five income producing residential units — all in one! This well-established University Avenue property has been family owned and operated since 1986 with the big-ticket improvements are already done: roof replaced within the last 5 years, exterior siding improvements, updated commercial kitchen, new hood system, and two commercial freezers make this an exceptional turnkey opportunity from day one. Zoned T2 with flexible zoning and light rail access right at the doorstep, this 5,008 SF building sits on a high-traffic stretch of University Avenue with multiple income streams and long-term upside. Whether you're an owner-operator running the restaurant yourself or an investor collecting rent, this property delivers strong income potential. Step into an established business with loyal clientele, five leased residential units producing steady cash flow, and major capital expenditures already behind you.

See more

Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 9,994

Style

Lot Size

0.101

Year Built

1914

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7127982

Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Common Heating Common
Appliances Stainless Steel Appliances
Garage Spaces 0
Year Built 1914
Levels Two
Tax Year 2025
Current Use Restaurant
Accessibility Other
County Ramsey
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Milton Add
Possible Use Restaurant
Directions I-35W or I-35E - exit University Ave ? connect to University Ave W head to Victoria St S. Corner of University Ave W & Victoria St S. Green Line runs right along it.
City Saint Paul
High School District St. Paul
Zoning Description Business/Commercial
Number Of Units Total 6
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 9994
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
See more
Interior
Basement Full
Basement (Y/N) Y
Foundation Dimensions 55x25x16x20
Fuel Natural Gas
Garage Dimensions 0
Garage Square Feet 0
See more
Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Business
Lot Size Area 0.101
Building Area Total 5008
Lot Dimensions 37x119
Waterfront Y/N N
Foundation Area 1678
See more
Internal Only
Street Number 1 860
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

deanna.doyle@cbrealty.com

Email

Affordability Calculator

$9,466
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2026$1,250,000 Listed Price

Map


See all

860 University Avenue W, Saint Paul, MN, 55104 is a Commercial Property for sale at $1,250,000 with 5,008 sqft and a lot size of 0.101. 860 University Avenue W was built in 1914. The property's zip code is 55104 which is in Saint Paul, MN