Mixed-Use Building with Residential
New
For Sale
$750,000
298 University Avenue W, Saint Paul, MN 55103
Commercial Sale, Saint Paul, MN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market2
Property Features for 298 University Avenue W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Parking Lot, Assigned
Exterior features
Brick/Stone
Appliances
Microwave, Range, Refrigerator, Stainless Steel Appliances
Subdivision
Chambers Add
Lot features
Public Transit (w/in 6 blks), Tree Coverage - Light
High school district
St. Paul
Directions
From Minneapolis, take I-94 E to Dale St. Exit Dale St and head north. Turn right (east) onto University Ave W. Continue east to 298 University Ave W. Property will be on University Ave, west of Rice St.
Standard status
Active
APN
362923420124
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
16714
Utilities
Heating system
Oil
Cooling system
Ductless
Amenities
covered rear deck
full unfinished basement
Building Details
Year built
1904
Roof type
Flat
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
(952) 746-9696
Listed By:
Chad M Skluzacek
(952) 297-5617
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 11 at 3:06PM
MLS# 7140482
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.
Investment Insights
Based on property information with market context.
Built in 1904 on a 0.09-acre site, this mixed-use building combines two finished commercial spaces on the main level with two residential units above. The residences have private front and rear entrances, stainless steel appliances, new windows, new carpet, fresh paint, and covered rear decks. Main-level commercial areas include ductless mini-split cooling, while the full unfinished basement provides additional storage. Brick-and-stone exterior construction, a flat roof, oil heat, and assigned lot parking complete the physical profile.
The property is located at 298 University Avenue W along the University Avenue corridor in Saint Paul. The site is near METRO Green Line light rail service and nearby bus routes, with connections throughout Saint Paul and Minneapolis. Its 0.09-acre parcel, mixed commercial and residential configuration, and reserved parking support multiple occupancy arrangements under one roof.
The property is located at 298 University Avenue W along the University Avenue corridor in Saint Paul. The site is near METRO Green Line light rail service and nearby bus routes, with connections throughout Saint Paul and Minneapolis. Its 0.09-acre parcel, mixed commercial and residential configuration, and reserved parking support multiple occupancy arrangements under one roof.
Key Highlights
- Two finished commercial spaces plus two residential units
- Residential units include new windows, stainless steel appliances, new carpet, and fresh paint
- Private front and rear entrances and covered rear decks for both residential units
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Finished commercial space and refreshed residential units share one building with assigned parking.
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 plus two residential units; Residential units include new windows, stainless steel appliances, new carpet, and fresh paint; Private front and rear entrances and covered rear decks for both residential units
