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    OFF-MARKET
    Retail properties & Spaces

    360 St Peter St, Saint Paul, MN 55102

    9,666 SF Built 1911
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1911
    Total area 9,666 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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