$650,000

1220 Rice Street, Saint Paul, MN 55117

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$650,000

(50,000) 02/01/2024

1220 Rice Street Saint Paul, MN 55117

For Sale MLS# 6469821

6,084 sq ftCommercial

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Data current as of 25/04/2024 15:59:13

Details for 1220 Rice Street

MLS# 6469821

Description for 1220 Rice Street, Saint Paul, MN, 55117


Exceptional opportunity to acquire a building, renowned as a cornerstone in the vibrant St. Paul community for an extensive period. This prime establishment boasts high foot traffic, an abundance of convenient parking, and has undergone a recent comprehensive electrical renovation within the facility along with new furnace and air conditioning. Position yourself at the forefront of the Eclectic Eastside Culinary Experience and capitalize on the solid foundation laid by this revered establishment.The building boasts a spacious dining room complemented by a well-equipped bar, providing a welcoming atmosphere for patrons. With two fully functional kitchen spaces and a separate event room, the possibilities for culinary creativity and hosting a variety of occasions are limitless.

Listing Information


Property Type: Commercial, Retail/Shopping Center,Other

Status: Active

Lot Size: 0.08 Acres

Square Feet: 6,084 sq ft

Year Built: 1956

Foundation: 3,640 sq ft

Stories: 1 Story

Subdivision: Wifelburg Hills

Number Of Units Total: 1

Current Use: Commercial,Food Service

County: Ramsey

Days On Market: 129

Construction Status: Previously Owned

School Information


District: 625 - St. Paul

Interior Features


Appliances: Freezer, Disposal, Dishwasher, Wall Oven, Range, Exhaust Fan/Hood, Indoor Grill, Refrigerator, Cooktop, Gas Water Heater

Flooring: Floor Drains,Tile,Vinyl/Linoleum

Basement: Concrete Block

Doors/Windows: Blinds, Aluminum Frames, Double Pane Windows

Accessibility: Grab Bars In Bathroom

Additional Interior Features: Security System, Ceiling Fan(s)

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Heating Common

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Description: Paved Lot

Exterior: Brick/Stone

Roof: Age Over 8 Years, Rubber

Lot Dimensions: 91x40x90x40

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Fixture/Equipment, Road Frontage - City

Driving Directions


On the Corner of Rice Street and Maryland Ave.

Financial Considerations


Tax/Property ID: 192922330086

Tax Amount: 15184

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes


$700,000 Original Price
$650,000 Current Price
-$50,000Total Change
Date Price Change
02/01/2024 09.48 AM $650,000-$50,000
12/18/2023 01.20 PM $700,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 1220 Rice Street

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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