1154 Grand Ave Saint Paul, MN 55105

This three-unit mixed-use building is located on Grand Avenue in Saint Paul. The property features an 11-car parking lot located immediately behind the building. The first floor is occupied by Toppers Pizza. The second floor contains two office suites, one of which is currently vacant and the other is leased to Hovland Music through March 1, 2028. The second floor was previously configured as two apartments and retains the original infrastructure, including kitchens and bathrooms, which allows for potential conversion back to residential use. Additional income is generated from a billboard lease with Clear Channel, expiring March 31, 2029. The property is situated on a corner lot with visibility and pedestrian activity at the intersection of Grand Avenue and S Dunlap St. The gross building area is approximately 7,100 square feet, including the basement. Toppers Pizza occupies approximately 2,250 square feet, each office suite is approximately 1,300 square feet, and the basement is approximately 2,250 square feet. The lot size is 9,000 square feet (0.21 acres), which allows for future development potential. The property is zoned B2 – Community Business, which allows for a range of commercial and mixed-use applications. The location is walkable and surrounded by retailers including Starbucks, Kowalski’s, CVS, and Walgreens, as well as the University of St. Thomas, Macalester College, and Concordia University. Toppers Pizza is currently in its first 5-year NNN option term, expiring June 30, 2029, with an additional unexercised 5-year option commencing July 1, 2029.