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Restaurant with Event Space
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For Sale
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498 Selby Avenue, Saint Paul, MN 55102

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.31 Acres
Days on Market4

Property Features for 498 Selby Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot, Driveway, Assigned
Patio and Porch features Patio, Deck, Porch
Accessibility Accessible Approach with Ramp
Subdivision Woodland Park Addition, To St
Lot features Corner Lot
High school district St. Paul
Directions 1-94 E to Dale. South on Dale to Selby Ave. Property on Right.
Standard status Active
APN 012823210271
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 31700

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

custom bars
coffered ceilings
hardwood floors
exposed brick
floor-to-ceiling windows
gas fireplace
brick fireplace
catering kitchen

Building Details

Year built 1880
Building materials Brick, Frame, Stone
Listing Agency: Keller Williams Premier Realty Lake Minnetonka · Keller Williams Realty
Listed By: Thomas Hudock
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 1 at 6:06AM
MLS# 7151491

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 1880, this brick, frame, and stone restaurant property has a main-floor dining and bar area, a commercial kitchen, and a back bar with 25+ taps. The upper floor adds a separate space with its own restrooms, catering kitchen, and gas fireplace; it can extend the restaurant or accommodate private events. A deck and patio with a brick fireplace provide additional outdoor dining and gathering areas. The property also includes a private parking lot and accessible approach ramp.

At 498 Selby Avenue in Saint Paul’s Cathedral Hill neighborhood, the site measures 0.314 acres. Heating is forced air, and the building has central air conditioning.

Key Highlights

  • Restaurant building constructed in 1880
  • Main‑level bar includes a 25+ tap back bar and commercial kitchen
  • Upper‑level space has a catering kitchen, separate restrooms, and gas fireplace

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Computer & Electronic Repair Accounting Firm Electrical Service

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

1,330
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Beauty & Spa 100%
Sola Salon Studios Beauty & Spa
2,715 visits/mo 0.4 miles

Demographics for 55102, MN

20,355
Population
11,582
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
3.3 sq mi
ZIP Area
6,168
Density / Sq Mi
$74,143
Median Household Income
$54,042
Median Earnings
$1,295
Median Rent
$280,400
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen, separate catering kitchen, and outdoor dining areas support a flexible restaurant operation.
Where is this conventional restaurant located?
The property is located at 498 Selby Avenue Saint Paul, MN.
What are key features of this property?
This property features: Restaurant building constructed in 1880; Main‑level bar includes a 25+ tap back bar and commercial kitchen; Upper‑level space has a catering kitchen, separate restrooms, and gas fireplace
More about this property
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