Property profile

0 Established Mexican Restaurant For Sale- Nestled In A Vibrant Area Saint Paul, MN 55102

OFF-MARKET
Retail properties & Spaces
4,000 SF Built 1969
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Property summary

AI-generated overview

This established Mexican restaurant in Saint Paul, Minnesota, presents a unique investment opportunity. Boasting 4,000 square feet of space in a vibrant neighborhood, this 1969-built restaurant enjoys high visibility and strong foot traffic. The current owners are retiring and offering comprehensive training and transition support. The restaurant features a fully equipped commercial kitchen, a beautiful hardwood bar, off-street parking, and rustic decor. It includes 24 tables (including 4 high-top bar tables), 160 chairs/seats (including 12 bar seats), and 10 booths. Equipment includes a walk-in cooler, multiple ovens, ranges, fryers, and a POS system. The restaurant currently operates with limited hours, excluding lunch (except Fridays), presenting a significant opportunity to expand service and increase revenue. Recent approval for outdoor dining further enhances growth potential. The annual gross revenue is $600,000, with a monthly lease rate of $8,000. The sale includes all existing equipment, fixtures, and a loyal customer base. This turnkey operation is ideal for experienced restaurateurs or first-time buyers seeking a well-established business in a thriving community. The restaurant employs 11 people. The location is in the 55102 zip code of Ramsey County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1969
Total area 4,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Established Mexican Restaurant For Sale- Nestled In A Vibrant Area Saint Paul, MN 55102
Saint Paul metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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