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Mixed-Use Building with Retail Suites
For Sale
$750,000

298 University Avenue W, Saint Paul, MN 55103

Two finished business spaces occupy the ground floor, with separate residences on the upper level.

Property SizeContact for details
Days on Market12

Property Features for 298 University Avenue W

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $16,713

Building Details

Year Built 1904
Units 2
Listing Agency: Keller Williams Preferred Rlty
Listed By: Chad M Skluzacek
Source: Getyoumoved
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 29 at 10:02PM

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 Keller Williams Preferred Rlty

Rey
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Investment Insights

Based on property information with market context.

Built in 1904, this mixed-use property in St. Paul has two finished commercial spaces at street level and two residential units above. The apartments have private entrances at both the front and rear, covered decks at the back, and updated windows, stainless steel appliances, carpeting, and paint. Mini-split systems provide air conditioning in the commercial spaces. An unfinished basement adds storage, and reserved parking is located behind the building.

The property is on University Avenue, along the METRO Green Line corridor, with nearby bus service connecting St. Paul and Minneapolis. Its zoning is Business/Commercial.

Key Highlights

  • Two finished commercial spaces on the main level and two residential units above
  • Residential units have private front and rear entrances and covered rear decks
  • Apartments updated with new windows, stainless steel appliances, new carpet, and fresh paint

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Pet Grooming Service Florist Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,255
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
41,966 visits/mo 0.1 miles
White Castle Dining
8,393 visits/mo 0.3 miles

Demographics for 55103, MN

13,874
Population
5,652
Households
2.5
Avg Household Size
32
Median Age
27%
College-Educated
79%
High-School Grad
2.0 sq mi
ZIP Area
6,937
Density / Sq Mi
$47,872
Median Household Income
$35,625
Median Earnings
$1,040
Median Rent
$240,400
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two finished business spaces occupy the ground floor, with separate residences on the upper level.
Where is this mixed-use property located?
The property is located at 298 University Avenue W Saint Paul, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two finished commercial spaces on the main level and two residential units above; Residential units have private front and rear entrances and covered rear decks; Apartments updated with new windows, stainless steel appliances, new carpet, and fresh paint
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