79 12th Western N Ave Saint Paul, MN 55102-2034
This iconic Saint Paul, Minnesota establishment, located at 79 Western Ave N, 55102, presents a unique investment opportunity. The 12,645 square foot property, built in 1920 and renovated in 2015, boasts a rich history as the former Commodore Hotel, once frequented by legendary figures like F. Scott and Zelda Fitzgerald, Al Capone, and John Dillinger. This vacant, single-building property features approximately 10,025 square feet of restaurant, bar, and event space across four distinct rooms, meticulously remodeled with high-quality finishes while preserving irreplaceable original architectural details, including intricate plasterwork. A separate 2,620 square foot ballroom is also available. Situated in the desirable Cathedral Hill neighborhood, near downtown Saint Paul, Selby Avenue, and Grand Avenue, the property benefits from its proximity to cultural landmarks such as the Cathedral of Saint Paul and the James J Hill Mansion. The RM2 zoning permits a variety of uses. Free parking is available via a shared agreement with the Commodore Condominium Association. The asking price is $1,995,000. The property is offered for outright sale or joint venture
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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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