973 Smith Ave S

Investment Highlights

Fully renovated Restaurant Great location High end Kitchen

Executive Summary

Welcome to Foodsmith. A clean, state of the art, modern kitchen and bar designed by a professional chef with an eye to food service. Classic menu and a comfortable, family friendly atmosphere greet your guests. Full service pub and a nice size party room with bar access expand options. Located at the Top of the Hill of West St Paul this is a growing area with a supportive neighborhood. The city is investing in revitalization the surrounding properties with new mixed use retail and housing proposals being approved. Great location and demographics. Ample street parking available, spots in vacant lot across the road as well as potential to rent space from other nearby larger parking lots. West St Paul is a very pedestrian and bike friendly city.This building had a full renovation in 2020 and is like new. All new white roof TPO: "green", two new HVACs, updated plumbing and electrical, fully sprinkled building. Add to that all new kitchen equipment including an 18' hood with fire suppression, high end ovens, 3 walk in coolers, state of the art tap system that eliminates waste, and more. The kitchen is designed to produce quality foods in and orderly and timely fashion. The lower level boasts a second kitchen which can be used for prep work, catering business or rental income to a food truck or food production operation. This business is the definition of turn-key. A place you would be proud to own.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Restaurant Industrial Food Processing Freestanding
• Building Size    7,000
• Building Class    C
• Year Built/Renovated    1948/2020
• Price    1,650,000
• Price Per SF    236
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.89
• Land Acres    0.18 AC

• Pylon Sign
• Signage