360 St Peter St, Saint Paul, MN 55102
This exceptional St. Paul property offers 9,666 square feet of versatile commercial space, ideally situated near 5th St E. The main attraction is a fully equipped, turnkey restaurant (6,106 sq ft) featuring a state-of-the-art kitchen, wood-fired pizza oven, and full bar. Recently remodeled in 2023, this space boasts seating for 122 (plus 24 at the bar and 36 on the patio) and is ready for immediate operation. All furniture, fixtures, and equipment (FF&E) are included. Adjacent to the restaurant is a 3,560-square-foot, adaptable space perfect for events, retail, or office use. This area comfortably accommodates up to 64 seated guests, 120 for receptions, or 14 in a dedicated conference room. The building, constructed in 1911 and extensively renovated in 2023, is zoned B4 Central Business, offering significant flexibility. An additional 10,250 square feet of dry basement storage is also available. The landlord is highly collaborative and offers negotiable lease rates with flexible terms. This unique opportunity combines a thriving restaurant with versatile adjacent space, presenting a compelling investment prospect in a prime location. The property is comprised of two suites within a single building. Minimum divisible space is 3,560 square feet, with a maximum contiguous space of 9,666 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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