360 University Avenue W

Reduced Sale Price - Mixed-Use Property For Sale

Restaurant / Retail / Multi-Family

For Sale:

• Building: 15,690 sf
• Residential Units: 8-2BR/1Ba apartment homes (772 sf to 774 sf)
• 2024 Tax: $64,242
• Sale Price: $2,200,000

Highlights and Features:

• 100% Occupied
• Year Built: 2016
• Zoning: T2 Traditional Neighborhood
• Located in the Summit-University neighborhood at the corner of University Avenue and Virginia Street
• Across from the Western Avenue Green Line Light Rail Station with connections to downtown St. Paul, the Minneapolis Central Business District and the University of Minnesota
• Minutes from shopping, dining and entertainment
• Controlled access
• Smoke free community
• High speed internet
• Off street parking available with adjacent property
• Apartment units are furnished with washer/dryers, refrigerator, microwave, dishwasher, and air conditioning
• Walk Score: 86 (Very walkable)
• Bike Score: 70 (Very bikeable)
• Nearby parks: Western Park, Central Village Park and Scheffer Playground
• Co-tenants: Adult Day Services LLC Rondo, Higher Standards, Inc., Aurora St. Anthony NDC, So Mala Café and Grill
• Area tenants: AMC Rosedale 14, Grandview Theatre, Mann Theatres, Jerome Hill Theater, Judah and the Lion, History Theater, InterContinental Saint Paul Riverfront, Cafe Latte, The Nook, The Happy Gnome, and more

Demographics:

• Average Household Income: 1 mile - $39,473, 3 miles - $54,772, and 5 miles - $61,594
• Average Household Population: 1 mile - 14,366, 3 miles - 99,578, and 247,681

Traffic Counts:

• University Avenue W: 10,700 vpd
• Western Avenue N: 5,884 vpd
• I-94: 127,488 vpd