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The Former Ace Bar / PENDING SALE 423 Saint Germain St E 9,270 SF Retail Building Saint Cloud, MN 56304 $679,000 ($73.25/SF)



Investment Highlights
- PENDING SALE
Executive Summary
The former Ace Bar was originally established as a hotel and bar in 1882. Since then, it has been continuously operated in the public sector for a number of uses. Most recently, starting in the 1930s it was a bar and full restaurant. Effectively there has been a food service and bar on that site for 82 years. [PENDING SALE]
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,270 SF
Building Class
C
Year Built
1882
Price
$679,000
Price Per SF
$73.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
0.35 AC
Opportunity Zone
Yes
Parking
250 Spaces (26.97 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The spaces consists of 9,270 SF with 6,340 SF on the main floor
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,270 SF | Retail | - | Now |
1st Floor
| Size |
| 9,270 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,270 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The spaces consists of 9,270 SF with 6,340 SF on the main floor
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17.00412.00 | Improvements Assessment | $63,000 |
| Land Assessment | $79,000 | Total Assessment | $142,000 |
Property Taxes
Parcel Number
17.00412.00
Land Assessment
$79,000
Improvements Assessment
$63,000
Total Assessment
$142,000
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The Former Ace Bar / PENDING SALE | 423 Saint Germain St E
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