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    Mixed-Use Duplex with Retail and Apartment Title is generated by Realmo AI

    1363 Grand Ave, Saint Paul, MN 55105

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    Claim this Listing
    Pending
    $550,000

    MULTI_FAMILY - Saint Paul, MN

    Property size:
    2,120 SF
    Lot size:
    0.14 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    99
    Last Refresh:
    Jun 30 at 3:06 am

    Property Features for 1363 Grand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
    Parking features
    Garage - Detached
    Exterior features
    Shakes
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Pending
    Size
    2,120 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    10073

    Utilities

    Heating system
    Oil, Forced Air

    Building Details

    Year built
    1912

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    Tim Devane

    Listing agent Tim Devane

    Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN

    Listing date Mar 24, 2026

    MLS# 7041799 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use commercial duplex with a remodeled main level operating as a hair salon
    • Main level includes 3 salon chairs, lounge space, 2 private offices, and 1 bathroom
    • Upstairs apartment features 2 bedrooms, 1 bathroom
    • Large unfinished basement plus attic space for potential additional use
    • Detached 2‑car garage and ample rear parking
    • Exterior features shakes; accessible approach with ramp; forced‑air oil heat; year built 1912

    Overview

    This mixed-use duplex includes a remodeled main level currently operating as a hair salon. The ground floor features three chair stations, lounge space, two private offices, and a bathroom. The upper level is a two-bedroom, one-bath apartment. Additional space includes a large unfinished basement and an unfinished attic, and the property also offers oversized balconies overlooking Grand Avenue.

    Located at 1363 Grand Ave in Saint Paul, the duplex benefits from Grand Avenue frontage. A two-car garage and ample rear parking add practical convenience for residents and customers.

    For owner-occupants, the layout supports running a business on the main level while living upstairs in the apartment. For investors or buyers seeking flexibility, the property combines income potential from the apartment with the option to operate or re-tenant the retail/salon space, with the unfinished basement and attic providing room to adapt future uses. The combination of dedicated parking, garage access, and two separate living/working areas makes the property workable for a range of commercial-residential buyers.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $55.2k $26.04
    − Vacancy −$3.5k −$1.64
    EGI $51.7k $24.40
    − OpEx −$23.3k −$10.98
    NOI $28.4k $13.42
    2,120 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $406.4K
    $355.6K – $474.2K (±1% cap)
    NOI $28,450 @ 7.0% cap · market cap 5.17%
    Second Best
    Mixed Use
    $359.8K
    $314.8K – $419.8K (±1% cap)
    NOI $25,186 @ 7.0% cap · market cap 4.58%
    Theoretical Best
    Healthcare Medical
    $521.7K
    $456.5K – $608.7K (±1% cap)
    NOI $36,519 @ 7.0% cap · market cap 6.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.157866
    Latitude
    44.940359

    FAQs

    What type of property is this?
    Mixed-use property - Duplex with a remodeled ground-floor salon and an upstairs two-bedroom apartment, plus unfinished attic and basement.
    Where is this mixed-use property located?
    The property is located at 1363 Grand Ave Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Mixed‑use commercial duplex with a remodeled main level operating as a hair salon; Main level includes 3 salon chairs, lounge space, 2 private offices, and 1 bathroom; Upstairs apartment features 2 bedrooms, 1 bathroom
    More about this property
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