298 University Avenue W, Saint Paul, MN 55103 (MLS# 7140482)

298 University Avenue W, Saint Paul, MN 55103

$750,000
Property Type: Commercial Bedrooms: 4 Baths: 2 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $750,000 List Date: 9/10/2026 Last Modified: 9/10/2026

Overview

Description

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 exce ...

Listing Details MLS# 7140482

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Waterfront YN
No
Year Built
1904
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2000
For Sale or Lease
For Sale
Acres
0.09
Lot Dimensions
41x98x41x98
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Ductless; Window Unit(s) Amenities Unit: Deck; Kitchen Window; Paneled Doors Appliances: Microwave; Range; Refrigerator Basement: Full; Unfinished CMU Style: Apartments and Retail; Business Opportunity; Office Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Food Service; Residential Exterior: Brick/Stone Flooring: Carpet; Luxury Vinyl Plank Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Contract for Deed; Conventional; Other Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot; Assigned; Paved Lot Pool Description: None Road Frontage: City Street; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
298
Street Name
University
Street Suffix
Avenue
Street Direction Suffix
W
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55103
Complex/Dev/Subdivision
Chambers Add

Assessments

Assessment Installment
1422.22
Tax With Assessments
18136

Building Information

Building Finished SqFt
6000

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
36
Township#
29

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Level
2nd Level
Leased?
No

Unit 2

No. of 2 Bedroom Units
2
Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2

Unit Details

Total Units
2
IDX
Listing Office: Keller Williams Preferred Rlty
Last Updated: September - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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