298 University Avenue W Saint Paul, MN $ 750,000
298 University Avenue W
$ 750,000
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298 University Avenue W

Saint Paul, MN, 55103
$ 750,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 5,180

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Commercial Property for sale in Saint Paul, MN

for $750,000 with 4 bedrooms and 2 full baths. This building was built in 1904 on a lot size of 0.09.

Excellent mixed-use opportunity in a highly visible location along the University Avenue corridor in St. Paul! This versatile property features two fully finished commercial spaces on the main level plus two residential units on the upper level, offering flexibility for investors, owner-users, or those looking to diversify their income potential under one roof. Both residential units feature private front and rear entrances and have been refreshed with new windows, stainless steel appliances, new carpet, and fresh paint. Each unit also offers a covered rear deck, while reserved parking behind the building provides added convenience for future tenants. The main-level commercial spaces are fully finished and equipped with mini-split systems for air conditioning, providing ready-to-use space for a variety of potential business needs. A full unfinished basement offers substantial additional storage space. Located directly on the bustling University Avenue corridor, the property offers excellent accessibility and convenient proximity to public transportation, including the METRO Green Line light rail and nearby bus routes, with easy connections throughout St. Paul and Minneapolis. A unique opportunity to own a mixed-use property combining commercial and residential space in a well-connected St. Paul location. Schedule your private showing today!

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Commercial Active

Price

$ 750,000

Bedrooms

4

Full Bath

2

Property Type

Commercial

Taxes

$ 16,713

Style

Lot Size

0.09

Year Built

1904

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7140482

Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling Ductless Mini-Split Window Unit(s)
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Age Over 8 Years Flat
Appliances Microwave Range Refrigerator Stainless Steel Appliances
Garage Spaces 0
Pool Features None
Year Built 1904
Levels Two
Tax Year 2026
Current Use Beauty/Barber Shop Food Service Residential
Accessibility None
County Ramsey
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Chambers Add
Directions From Minneapolis take I-94 E to Dale St. Exit Dale St and head north. Turn right (east) onto University Ave W. Continue east to 298 University Ave W. Property will be on University Ave west of Rice S
City Saint Paul
High School District St. Paul
Zoning Description Business/Commercial
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 16713.78
Additional Parcels Y/N N
Virtual Tour https://we-love-houses.seehouseat.com/2403521?idx=1
Standard Status Active
Lender Owned No
Amenities Unit Deck Kitchen Window Paneled Doors
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Total Bedrooms 4
Total Baths 2
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Assigned Parking Lot Paved Lot
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.09
Lot Dimensions 41x98x41x98
Waterfront Y/N N
Foundation Area 2000
Road Frontage Type City Street Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 298
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

chads@cmshomegroup.com

Email

Affordability Calculator

$6,573
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$1,393
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.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$750,000 Listed Price

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298 University Avenue W, Saint Paul, MN, 55103 is a Commercial Property for sale at $750,000 with a lot size of 0.09. 298 University Avenue W has 4 bedrooms, 2.0 baths, and was built in 1904. The property's zip code is 55103 which is in Saint Paul, MN