For Sale Commercial MLS# 7140482

298 University Avenue W

Saint Paul, MN 55103

$750,000

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About 298 University Avenue W

Excellent mixed-use opportunity in a highly visible location along the University Avenue corridor in St. Paul! This versatile property features two fully finished commercial spaces on the main level plus two residential units on the upper level, offering flexibility for investors, owner-users, or those looking to diversify their income potential under one roof. Both residential units feature private front and rear entrances and have been refreshed with new windows, stainless steel appliances, new carpet, and fresh paint. Each unit also offers a covered rear deck, while reserved parking behind the building provides added convenience for future tenants. The main-level commercial spaces are fully finished and equipped with mini-split systems for air conditioning, providing ready-to-use space for a variety of potential business needs. A full unfinished basement offers substantial additional storage space. Located directly on the bustling University Avenue corridor, the property offers excellent accessibility and convenient proximity to public transportation, including the METRO Green Line light rail and nearby bus routes, with easy connections throughout St. Paul and Minneapolis. A unique opportunity to own a mixed-use property combining commercial and residential space in a well-connected St. Paul location. Schedule your private showing today!

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1904
Stories
Two
Lot
0.09
Original price
$750,000
MLS #
7140482

Interior

Features
Ductless Mini-Split, Window Unit(s), Boiler, Full, Unfinished, Carpet, Luxury Vinyl Plank, Microwave, Range, Refrigerator, Stainless Steel Appliances
Appliances
Microwave, Range, Refrigerator, Stainless Steel Appliances
Flooring
Carpet, Luxury Vinyl Plank
Heating
Boiler
Cooling
Ductless Mini-Split, Window Unit(s)

Exterior & lot

Features
Stone, Assigned, Parking Lot, Paved Lot
Construction
Two, Block, Age Over 8 Years, Flat
Roof
Age Over 8 Years, Flat
Foundation
Block
Lot
362923420124, Beauty/Barber Shop, Food Service, Residential
Parking
Assigned, Parking Lot, Paved Lot

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Separate, Hot Water Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$16,714
Tax year
2026
Parcel
362923420124

Location

Subdivision
Chambers Add
County
Ramsey
Neighborhood
Summit-University
Community
Ramsey, City Street, Paved Streets, Sidewalks, northstar, St. Paul
Directions
From Minneapolis, take I-94 E to Dale St. Exit Dale St and head north. Turn right (east) onto University Ave W. Continue east to 298 University Ave W. Property will be on University Ave, west of Rice St.

Location

Neighborhood
Summit-University
Subdivision
Chambers Add
School district
St. Paul Public School District

Ask about this property

Questions on 298 University Avenue W, Saint Paul, MN 55103, or want to see it in person?

Listed by Chad M Skluzacek, Keller Williams Preferred Rlty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.