For Sale: Saint Paul MLS# 7054132
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Property Description
Turnkey bar & grill opportunity! Cheers Pub is a well-established neighborhood hotspot with loyal clientele and strong monthly revenue ($30K–$40K). Prime high-visibility location near Hudson Rd & Hwy 94, directly across from a major transit hub. Fully equipped bar with all FF&E included, plus remodeled interior (2014) and updated kitchen (2018). Additional income potential from commercial kitchen use and charitable gambling. Approx. $20K monthly expenses; rent $6, 000 + NNN. Includes 4 rear parking spaces + street parking. New lease required. Great opportunity for owner-operator or hospitality investor—step in and start earning!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$269,900
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1947
State:
MN
Property Style:
1 Story
Zip Code:
55106
Neighborhood/Area:
90
Subdivision Name:
H F Schwabes Add
Interior
Basement Details:
- Finished
- Full
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
40,120 ft2
Foundation Dimensions:
2700
Handicap Accessible:
Doors 36"+
Heating System:
Boiler
Parking Features:
Gravel
Exterior Material:
Block
Lot & Land
Acres:
0.106
Geolocation:
44.952504, -93.055247
Inclusions:
Business, Fixture/Equipment
Lot Dimensions:
40 x 120
Zoning:
Business/Commercial
Schools
School District:
2102
District Phone:
6517678100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,602
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,602
Income
Annual Gross Income:
$420,000
Rent
Annual Net Income:
$180,000
Units
Total Units:
1
Miscellaneous
Current Use:
Bar/Tavern
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Real Estate Parkway.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.