801 W St Germain St

801 W St Germain St , Saint Cloud, Minnesota, 56301 | 5,400 sq.f | $ 995,000

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About This Restaurant

Investment Highlights

Executive Summary

Incredible investment opportunity to purchase a completely renovated, fully leased historic downtown property with 2 loft style upper level apartments! Main floor is leased to The Boil a cajun seafood restaurant. This is a fully equipped restaurant on main floor and lower level. The renovation cost was well over $1,000,000 in 2015.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    5,400
  • Building Class    C
  • Year Built/Renovated    1890/2015
  • Price    995,000
  • Price Per SF    184
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.03
  • Land Acres    0.12 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning

Nearby Amenities & Transportation

Retail Starbucks
Retail Green Mill Restaurant & Bar
Retail US Bank
Retail Fifth Third Bank
Retail Bremer Bank
Retail Noodles & Company
Retail Chase
Retail Caribou Coffee
Retail Coborn's
Retail Dunn Brothers Coffee

Property Taxes

Parcel Number 82.46132.0000 Improvements Assessment $46,000
Land Assessment $209,200 Total Assessment $255,200
Date Created: 2024-07-16 04:16:20 Last Updated: 2024-07-16 04:16:20
Address: 801 W St Germain St , Saint Cloud, Minnesota, 56301