For Sale: Saint Paul MLS# 6799504
Active
NEW!
$190,000
Commercial: Business Opportunity
Built 1953
0.32 acres
St. Paul schools
MLS# 6799504
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Property Description
An incredible opportunity to own a fully equipped, turn-key Asian restaurant in a highly visible and convenient location! Priced at $190, 000, this well-established restaurant is ready for you to take over and start operating immediately , no build-out, no downtime, just bring your recipes and open the doors.
Step into a beautifully maintained dining space featuring authentic Asian-inspired décor, a fully operational and fully built out commercial kitchen, and modern equipment in excellent condition. Perfect for sushi, Thai, Vietnamese, Chinese, or fusion concepts the possibilities are endless!
Highlights:
Fully furnished dining area with tasteful Asian design
Complete commercial kitchen with quality equipment and ventilation
Prime location with high visibility and steady traffic
Turn-key operation, ready to open immediately
Ideal for dine-in, takeout, or delivery business models
Great value with everything included in the sale
This is your chance to step into a thriving restaurant space without the hassle of starting from scratch. Whether you’re an experienced chef or a new entrepreneur, this is the perfect opportunity to own a ready-to-go restaurant in a desirable area.
Offered at $190, 000 Serious buyers only. Sellers willing to train. Business and FFE only.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$190,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
20
County:
Ramsey
Year Built:
1953
State:
MN
Property Style:
Business Opportunity
Zip Code:
55106
Neighborhood/Area:
Battle Creek-Highwood
Subdivision Name:
Robert L Wares Eastern Heights
Exterior
Garage Spaces:
20
Other Parking Spaces:
20
Air Conditioning:
Central Air
Foundation Size:
2,530 ft2
Foundation Dimensions:
2, 530
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Guest Parking
Shared Amenities:
None
Exterior Material:
- Block
- Brick/Stone
Lot & Land
Acres:
0.32
Geolocation:
44.957043, -93.024899
Inclusions:
Business, Fixture/Equipment
Lot Dimensions:
110 x 125
Zoning:
Business/Commercial
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,000
Annual Fuel Expense:
$150
Annual Insurance Expense:
$1,200
Annual Maintenance Expense:
$1,500
Annual Gross Expense:
$18,500
Annual Trash Expense:
$300
Annual Water/Sewer Expense:
$300
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,780
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,780
Income
Annual Gross Income:
$252,000
Rent
Annual Net Income:
$233,000
Units
Total Units:
1
Miscellaneous
Current Use:
Food Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Diversified Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.