1079 Rice St, Saint Paul, MN 55117 For Sale

1079 Rice St. St. Paul, MN 55117

List price: $1,590,000

8,000 sq ft

Building name: Hi Hi, LLC

Zoning: B2 (General Business & Service Commercial)

Built in 1929

Current use: Licensed Adult Day Care & Licensed Event Center

Ballroom/dance floor is approved for 158 capacity at 65 ft X 38 ft (upper level)

Dining is approved for 158 capacity at 28 ft X 57 ft (lower level)

Total building capacity 316

Stage: 18 ft X 20 ft, includes full sound system, lights, decor except drum sets & electric amp. Changing room 15 ft X 9 ft next to.

Commercial kitchen lower level at 12 ft X 24 ft. Includes trade fixtures.

Kitchen serving area: 10 ft X 13 ft

Extra kitchen storage space: 17 ft X 15 ft

Parking: 26 parking stall & street parking

Sits on .34 acres

Demographics:

Population within 1 miles: Estimates at 23,096

Average household income within 1 miles: $51,000

Medium age: 33

Elevator, water fountains & 3 bathrooms

Other: Current tenant, (Adult Day Care) is willing to do a lease back for up to 1 year or less depending on closing date

New roof, elevator, 50 gallon hot water, fire sprinkler system, electric, and ADA approved bathroom since 2016