$200,000

55 5th Street E

Saint Paul MN, 55101

Description

Asian restaurant business opportunity sale in downtown Saint Paul. Same owner operated the business for 39 years and opens 365 days a year. Selling the business opportunity due to retirement. Second generation restaurant with over 7,000 sqfts with a large bar, large dining room, large private party room with dance floor and bar, large storage room, and large commercial kitchen with hood, walk-in cooler and freezer, and 8 wok burners. Great for hosting weddings, birthday parties, and special events. Currently the owner has a band that plays once a week. Serves Chinese food, wines, and beers. The building has a parking ramp and street parking. The restaurant address is 380 Cedar St., Saint Paul in the Alliance Bank Center building which is 55 5th St. E. Saint Paul. All equipment, appliances, and furniture will stay. Food inventory is a separate sale. Monthly rent is $6,000 plus natural gas. No real estate included. Cash offer. No contract for deed.

Details

MLS#5714855
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1967
Days On Site15

Features

Units1
Acreage0.81
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Area Information
StateMN
CountyRamsey
CitySaint Paul
Zip Code55101
Listing VS Median (in 55101)
Price:
$200,000
low | high
Med:
$227,500
36.25% of Average
On Site:
15
low | high
Med:
2
100% of Average
Sourced by Back At You
Listing Updated: February 19, 2021 10:04:27 PM PST
Yu Jie Chen LogoMLS Number: 5714855
Listing Provided By:
Yu Jie Chen  of  RE MAX Results

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