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55 5th Street E

Saint Paul, MN 55101
  • $190,000
  • STATUS: Active
  • ON SITE: 279 Days
  • ID#: 5714855
UPDATED: 19 min ago
$190,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $27
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1967
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Re/Max Results.

Description

Asian restaurant business opportunity sale in downtown Saint Paul. Same owner operated the business for 39 years and opens 365 days a year. Selling the business opportunity due to retirement. Second generation restaurant with over 7,000 sqfts with a large bar, large dining room, large private party room with dance floor and bar, large storage room, and large commercial kitchen with hood, walk-in cooler and freezer, and 8 wok burners. Great for hosting weddings, birthday parties, and special events. Currently the owner has a band that plays once a week. Serves Chinese food, wines, and beers. The building has a parking ramp and street parking. The restaurant address is 380 Cedar St., Saint Paul in the Alliance Bank Center building which is 55 5th St. E. Saint Paul. All equipment, appliances, and furniture will stay. Food inventory is a separate sale. Monthly rent is $6,000 plus natural gas. No real estate included. Cash offer. No contract for deed.

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IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-11-27T09:21:20.467.

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55 5th Street E Saint Paul, MN 55101

  • Price: $190,000
  • Status: Active
  • On Site: 279 Days
  • Updated: 19 min ago
  • ID#: 5714855
0
Beds
0
Baths
0
½ Baths
0.81
Acres
7,000
SQFT
$27
$/SQFT
1967
Built
Neighborhood:
City Of St Paul
County:
Ramsey
Area:
Downtown
School District:
625 - St. Paul
Property Description
Asian restaurant business opportunity sale in downtown Saint Paul. Same owner operated the business for 39 years and opens 365 days a year. Selling the business opportunity due to retirement. Second generation restaurant with over 7,000 sqfts with a large bar, large dining room, large private party room with dance floor and bar, large storage room, and large commercial kitchen with hood, walk-in cooler and freezer, and 8 wok burners. Great for hosting weddings, birthday parties, and special events. Currently the owner has a band that plays once a week. Serves Chinese food, wines, and beers. The building has a parking ramp and street parking. The restaurant address is 380 Cedar St., Saint Paul in the Alliance Bank Center building which is 55 5th St. E. Saint Paul. All equipment, appliances, and furniture will stay. Food inventory is a separate sale. Monthly rent is $6,000 plus natural gas. No real estate included. Cash offer. No contract for deed.
Exterior Features

Construction Materials Other Foundation Area 7000 Lot Size Dimensions 0 Parking Features Other Parking Open 0 Waterfront YN No

Interior Features

Appliances RangeExhaust FanRefrigeratorFreezerOther Basement None Cooling Central Air Heating Forced Air Sq Ft Finished Building 7000

Property Features

Accessibility Features Other Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use Restaurant Foreclosure Status No Fuel Natural Gas Inclusions BusinessFixture/EquipmentLeases Land Lease Amount 0 Lender Owned No Owner Pays Fuel Postal City Saint Paul Potential Short Sale No Property Sub Type Business Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 308794 Tax With Assessments 308794.00 Tax Year 2020 Unit Type Efficiencies1 Bedroom2 Bedroom3 Bedroom1 Room2 Room3 Room4 Room5 Room6 Room7 Room Utilities Heating Separate Water Source City Water/Connected Zoning Description Business/Commercial

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Results. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-11-27T09:21:20.467.

Click here for Digital Millennium Copyright Act
 
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The Pomerleau Team
11671 Fountains Drive, Suite 200
Maple Grove MN, 55369
Listing courtesy of Re/Max Results.