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973 Smith Ave S 6,834 SF Retail Building Saint Paul, MN 55118 $1,399,000 ($204.71/SF)



Executive Summary
FOR SALE - 2nd Generation Restaurant Freestanding Building with Turnkey Restaurant Package
INVESTMENT HIGHLIGHTS
• Located on the border of West St. Paul and Mendota Heights
• Renovated vintage storefront with large windows
• Outdoor patio, bar area, and private event room
• Ample street parking and signage opportunities
• Prime location at Smith & Dodd, “Top of the Hill” in West St. Paul
• Minutes from Grand Casino Arena, Ordway Center, and Palace Theater via High Bridge
• Excellent visibility and traffic flow with MN-62 and Dodd Rd access
• Fully outfitted, turn-key restaurant or retail space
• Chef-designed commercial kitchen featuring:
o 18' hood with fire suppression
o 2 walk-in coolers and 1 freezer
o High-end ovens
o State-of-the-art tap system
• Fully sprinkled, dual HVAC systems, TPO “green” white roof, updated plumbing & electrical
• Additional garden-level kitchen for catering prep or rental use
• ADA-compliant upgrades: wheelchair-accessible doors, grab bars, lowered switches
• 3 bathrooms (2 public and 1 for staff)
• Solid block/brick construction with finished full basement
• Great for 2nd generation restaurant users
PROPERTY OVERVIEW
• Building Size: 6,824 sf (includes finished basement - 3,417 sf upper level)
• Lot Size: .18 acres (7,841 sf)
• County: Dakota
• PID: 42-34950-02-120
• Zoning: B2 - Community Business
• Occupancy Type: Single Tenant
• Year Built: 1948
• Renovated: 2019-2020
• Floors: 2
• 1st Floor Clear Height: 12’ 3”
• Basement Clear Height: 8’ 8”
• Parking: 8 spaces and ample street parking
• HVAC: Dual Systems
• Sprinkler: Yes
• Cross Streets: Smith Avenue S and Dodd Road
• 2025 Tax: $10,604.00
• 2026 Proposed Tax: $11,448.00
• Sale Price: $1,399,000.00
DEMOGRAPHICS
• Average HH Population: 1 mile - 8,018, 3 miles - 59,015, and 5 miles - 165,300
• Average HH Income: 1 mile - $76,949, 3 miles - $67,200, and 5 miles - $64,309
TRAFFIC COUNTS
• Smith Avenue S: 8,688 vpd
• Dodd Rd: 6,922 vpd
INVESTMENT HIGHLIGHTS
• Located on the border of West St. Paul and Mendota Heights
• Renovated vintage storefront with large windows
• Outdoor patio, bar area, and private event room
• Ample street parking and signage opportunities
• Prime location at Smith & Dodd, “Top of the Hill” in West St. Paul
• Minutes from Grand Casino Arena, Ordway Center, and Palace Theater via High Bridge
• Excellent visibility and traffic flow with MN-62 and Dodd Rd access
• Fully outfitted, turn-key restaurant or retail space
• Chef-designed commercial kitchen featuring:
o 18' hood with fire suppression
o 2 walk-in coolers and 1 freezer
o High-end ovens
o State-of-the-art tap system
• Fully sprinkled, dual HVAC systems, TPO “green” white roof, updated plumbing & electrical
• Additional garden-level kitchen for catering prep or rental use
• ADA-compliant upgrades: wheelchair-accessible doors, grab bars, lowered switches
• 3 bathrooms (2 public and 1 for staff)
• Solid block/brick construction with finished full basement
• Great for 2nd generation restaurant users
PROPERTY OVERVIEW
• Building Size: 6,824 sf (includes finished basement - 3,417 sf upper level)
• Lot Size: .18 acres (7,841 sf)
• County: Dakota
• PID: 42-34950-02-120
• Zoning: B2 - Community Business
• Occupancy Type: Single Tenant
• Year Built: 1948
• Renovated: 2019-2020
• Floors: 2
• 1st Floor Clear Height: 12’ 3”
• Basement Clear Height: 8’ 8”
• Parking: 8 spaces and ample street parking
• HVAC: Dual Systems
• Sprinkler: Yes
• Cross Streets: Smith Avenue S and Dodd Road
• 2025 Tax: $10,604.00
• 2026 Proposed Tax: $11,448.00
• Sale Price: $1,399,000.00
DEMOGRAPHICS
• Average HH Population: 1 mile - 8,018, 3 miles - 59,015, and 5 miles - 165,300
• Average HH Income: 1 mile - $76,949, 3 miles - $67,200, and 5 miles - $64,309
TRAFFIC COUNTS
• Smith Avenue S: 8,688 vpd
• Dodd Rd: 6,922 vpd
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,834 SF
Building Class
C
Year Built/Renovated
1948/2014
Price
$1,399,000
Price Per SF
$204.71
Tenancy
Single
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.18 AC
Zoning
B2 - Community Business
Parking
10 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
51’ on Smith Ave
Amenities
- Pylon Sign
- Signage
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 42-34950-02-120 | Improvements Assessment | $305,700 |
| Land Assessment | $84,400 | Total Assessment | $390,100 |
Property Taxes
Parcel Number
42-34950-02-120
Land Assessment
$84,400
Improvements Assessment
$305,700
Total Assessment
$390,100
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