Date
Details
Price
Change
Source
8/25/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$1,250,000 Just Listed
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1/20
Property Description
A rare opportunity to own the real estate, an established operating restaurant, and five income producing residential units - all in one! This well-established University Avenue property has been family owned and operated since 1986 with the big-ticket improvements are already done: roof replaced within the last 5 years, exterior siding improvements, updated commercial kitchen, new hood system, and two commercial freezers make this an exceptional turnkey opportunity from day one. Zoned T2 with flexible zoning and light rail access right at the doorstep, this 5,008 SF building sits on a high-traffic stretch of University Avenue with multiple income streams and long-term upside. Whether you're an owner-operator running the restaurant yourself or an investor collecting rent, this property delivers strong income potential. Step into an established business with loyal clientele, five leased residential units producing steady cash flow, and major capital expenditures already behind you.
Full Property Details
Full Property Details for 860 University Ave W
General
- Price: $1,250,000
- Taxes: $9,994 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7127982
- Updated: Today (8/25/2026)
- Added to Site: Today
Parking
- Parking Features: Parking Lot
Location
- County: Ramsey
- Township: Saint Paul
- Subdivision: Milton Add
- Neighborhood: 101
- Driving Directions: I-35W or I-35E - exit University Ave ? connect to University Ave W, head to Victoria St S. Corner of University Ave W & Victoria St S. Green Line runs right along it.
School Information
- School District: 625 - St. Paul
- High School District: St. Paul
Heating & Cooling
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common
Structural Information
- Basement: Yes
- Foundation Size: 1678
- Disability Access: Other
- Square Feet: 5,008
- Finished Down/Base.: 5,008 Sq. Ft.
- Current Bldg. Use: Restaurant
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.101
- Lot Dimensions: 37 x 119
- Potential Use: Restaurant
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $9,994
- Tax Year: 2025
Disclosures and Reports
- Legal Description: MILTON ADDITION LOT 1 BLK 1
- Inclusions: Building, Business
- Property ID: 352923310109
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 860 University Ave W
School District:St. Paul Public School District
| Name | Grades | Distance |
|---|---|---|
Maxfield Magnet Elementary School 380 Victoria Street North, Saint Paul, MN 55104 | PK-5 | 0.2 mi |
Hidden River Middle School 1700 Summit Avenue, Saint Paul, MN 55105 | 6-8 | 2 mi |
Central Senior High School, Saint Paul, MN 275 Lexington Parkway North, Saint Paul, MN 55104 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 860 University Ave W
Tax History
Tax History for 860 University Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,994
—
$431,900
4%
2025
$9,994
5%
$413,800
-6%
2024
$9,502
7%
$440,200
-1%
2023
$8,852
—
$444,500
17%
2021
$8,856
—
$381,300
-7%
2023
$8,852
—
$408,400
7%
2021
$8,856
-6%
$381,200
7%
2020
$9,382
17%
$357,600
12%
2019
$8,024
18%
$319,300
15%
2018
$6,782
-27%
$277,300
-4%
2017
$9,246
3%
$289,400
169%
2016
$8,984
-3%
$107,500
-34%
2015
$9,222
3%
$163,000
-40%
2014
$8,942
—
$270,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 860 University Ave W
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- Commercial
- Active
- 7,800Sq. Ft.
- 0.39Acres
Listed by Apartment Cash Flow, Inc.
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,016Sq. Ft.
Listed by National Realty Guild
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,353Sq. Ft.
Listed by Metzen Realty and Associates CO.
- Single Family
- Active
- Updated 4 hours ago
- 5Beds
- 3Total Baths
- 3,057Sq. Ft.
Listed by Living Life Realty
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,215Sq. Ft.
Listed by RealEstateOpens.com LLC
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,190Sq. Ft.
Listed by Dana Schmidt (651) 452-5950
- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,158Sq. Ft.
Listed by eXp Realty
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,818Sq. Ft.
Listed by John McGovern
- Single Family
- Active
- Updated 5 days ago
- 1Bed
- 1Total Bath
- 576Sq. Ft.
Listed by Sue Brown (612) 804-4759
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 4,070Sq. Ft.
Listed by BOLD Marketing Team
Sold by The Distad Team
Sold by The Distad Team
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 4,697Sq. Ft.
Listed by Jean McCahey and Brian Wagner
Sold by Scott Rehovsky
Sold by Scott Rehovsky
- Commercial
- Closed
- 12,000Sq. Ft.
- 0.355Acres
Listed and Sold by Apartment Cash Flow, Inc.
- Single Family
- Closed
- 4Beds
- 5Total Baths
- 4,339Sq. Ft.
Listed by Brian Wagner
Sold by Philip Wahlberg and Michaela Toohey
Sold by Philip Wahlberg and Michaela Toohey
860 University Avenue W, Saint Paul, MN 55104 (MLS# 7127982) is a Commercial property. 860 University Avenue W is currently listed for $1,250,000 and was received on August 25, 2026. This property is listed by Deanna Doyle from our Crocus Hill Office.Want to learn more about 860 University Avenue W? Do you have questions about finding other Commercial real estate for sale in Summit-University? You can browse all Summit-University real estate or contact a Coldwell Banker agent to request more information.