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Financial
Distress signals
Property profile

616 Como Ave Saint Paul, MN 55103

FOR SALE
Turn key restaurants
Property ID
US46-0351765
6,142 SF 0.2 ac lot Built 1940
Last sale Aug 2010 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A freestanding 6,142-square-foot commercial building is located at 616 Como Ave in St. Paul on a 0.2009-acre lot. The building was constructed in 1940 and underwent renovation in 2010. It includes a full basement with a 7.5-foot ceiling, featuring a private office, laundry area, large walk-in cooler, and storage. Restaurant-related infrastructure is present, including multiple exhaust systems, preparation and service equipment, a walk-in cooler, central air conditioning, and two restrooms.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$671k
Assessed land$115k
Assessed improvement$556k
Effective rate2.74%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$280k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$4k
Operating expenses−$29k
NOI · 6.07% cap applied$67k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$211/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$116 – $317
Qualifying comparables4

Cap rate analysis

How does the asset earn?
6.07%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M
JurisdictionRAMSEY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office25.0
Law Firm20.7
Spa & Massage18.5

Location

616 Como Ave Saint Paul, MN 55103
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
542 Rice, Saint Paul, MN 55103-2116 $220,000 Oct 2024 3,120 SF
623 Como, Saint Paul, MN 55103-1509 $650,000 Dec 2022 1,080 SF
575 University W, Saint Paul, MN 55103-1940 $745,000 Dec 2022 11,566 SF
111 Empire, Saint Paul, MN 55103-1860 $322,000 Nov 2021 51,721 SF
991 Lexington N, Saint Paul, MN 55103-1107 $1,000,000 Mar 2019 7,024 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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