Bar and Lounge with
For Sale
$530,000
1112 Arcade St, Saint Paul, MN 55106
Operating bar and lounge with a vacant upstairs apartment and a setting among retail, service, and food businesses.
Property Size3,347 SF
Price / SF$158.35
Days on Market58
Property Features for 1112 Arcade St
General Information
Standard status
Active
Size
3,347 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1978
Listing Agency:
RE/MAX Professionals
Listed By:
Jeff Meyers
(651) 428-9314
Source:
Tayloronken
Added: Aug 17
Changed: Oct 12
Last Checked: Oct 12 at 9:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Professionals
Investment Insights
Based on property information with market context.
Vogels Bar & Lounge is a 3,347-square-foot bar and lounge property in Saint Paul. The building includes a vacant two-bedroom apartment on the upper level, providing a separate residential component within the structure. Constructed in 1978, the property is positioned along a commercial corridor with nearby retail, service, and food establishments.
The property is located at 1112 Arcade St and benefits from ongoing public infrastructure work in the surrounding area. Planned improvements include reconstruction of Arcade Street, new sidewalks, and upgrades to gas, water, and electric utility systems.
The property is located at 1112 Arcade St and benefits from ongoing public infrastructure work in the surrounding area. Planned improvements include reconstruction of Arcade Street, new sidewalks, and upgrades to gas, water, and electric utility systems.
Key Highlights
- 3,347‑square‑foot bar and lounge property
- Vacant two‑bedroom apartment above the commercial space
- Built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,936
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,720
$758.7K
Cap Rate 7%
$541,943
$541.9K
Cap Rate 9%
$421,511
$421.5K
Market Conditions
NOI Build-Up for 3,347 SF
Gross rent
$77.9K $23.28/SF
− Vacancy
−$17.2K −$5.14/SF
EGI
$60.7K $18.14/SF
− OpEx
−$22.8K −$6.80/SF
NOI
$37.9K $11.33/SF
Area
Ramsey County, MN
Vacancy
22.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,720
Cap Rate 7%
$541,943
Cap Rate 9%
$421,511
Alternative Uses
Best Use
Mixed Use
$541.9K
$474.2K – $632.3K
NOI $37,936 @ 7.0% cap · market cap 7.16%
Second Best
Specialty Retail
$422.3K
$369.5K – $492.6K
NOI $29,558 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$798.5K
$698.7K – $931.6K
NOI $55,897 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 41%
Electronics 9%
Burger King
Dining
9,519 visits/mo
0.2 miles
Dollar General
Shops & Services
5,520 visits/mo
0.4 miles
U.S. Bank
Shops & Services
3,258 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,047 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
1,092 visits/mo
0.2 miles
Demographics for 55106, MN
60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brunson's Pub — 956 Payne Ave, St Paul, MN 55130
- Tongue in Cheek — 989 Payne Ave, St Paul, MN 55130
- Arcade Bar — 932 Arcade St, St Paul, MN 55106
- Eastside Checkerboard Pizza — 992 Arcade St, St Paul, MN 55106
- Mike's Bar — 932 arcade st, st paul, mn 55106
Frequently Asked Questions
What type of property is this?
Bar & Pub - Operating bar and lounge with a vacant upstairs apartment and a setting among retail, service, and food businesses.
Where is this bar & pub located?
The property is located at 1112 Arcade St Saint Paul, MN.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 3,347‑square‑foot bar and lounge property; Vacant two‑bedroom apartment above the commercial space; Built in 1978
