973 Smith Ave S, West St Paul, MN
Restaurant property built out in 2019 with high-end finishes.
- Added:
- Nov 24, 2025
- Days on Market:
- 202
- Last Refresh:
- May 20 at 9:18 pm
Property Features for 973 Smith Ave S
General Information
- Standard status
- Active
- Size
- 6,834 SF
- Lot size
- 0.18 Acres
- Property subtype
- RETAIL
Listing agent Laura Gill (612) 310-5399
Listing office Colliers (612) 310-5399
Listing date Nov 24, 2025
Source Moodyscre
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 Colliers
HighLights
- Fully equipped, high‑end restaurant build‑out completed in 2019.
- Prime location near Excel Energy Center, Ordway, and Palace Theater.
- Opportunity for shuttle service to events.
- Meticulously maintained property with pride of ownership.
- Successful, chef‑driven restaurant potential.
- Beautifully renovated 1948 storefront.
Overview
Local Financial Insights For Specialty Retail
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 | $123.0k | $18.00 |
| − Vacancy | −$4.8k | −$0.70 |
| EGI | $118.2k | $17.30 |
| − OpEx | −$29.6k | −$4.32 |
| NOI | $88.7k | $12.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West St Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1021
- Latitude
- 44.9169
