360 University Ave W

Property Description

For Sale: • Building: 15,690 sf • Residential Units: 8-2BR/1Ba apartment homes (772 sf to 774 sf) • 2024 Tax: $64,242 • Sale Price: $2,600,000 Highlights and Features: • 100% Occupied • Year Built: 2016 • Zoning: T2 Traditional Neighborhood • Located in the Summit-University neighborhood at the corner of University Avenue and Virginia Street • Across from the Western Avenue Green Line Light Rail Station with connections to downtown St. Paul, the Minneapolis Central Business District and the University of Minnesota • Minutes from shopping, dining and entertainment • Controlled access • Smoke free community • High speed internet • Off street parking available with adjacent property • Apartment units are furnished with washer/dryers, refrigerator, microwave, dishwasher, and air conditioning • Walk Score: 86 (Very walkable) • Bike Score: 70 (Very bikeable) • Nearby parks: Western Park, Central Village Park and Scheffer Playground • Co-tenants: Adult Day Services LLC Rondo, Higher Standards, Inc., Aurora St. Anthony NDC, So Mala Café and Grill • Area tenants: AMC Rosedale 14, Grandview Theatre, Mann Theatres, Jerome Hill Theater, Judah and the Lion, History Theater, InterContinental Saint Paul Riverfront, Cafe Latte, The Nook, The Happy Gnome, and more Demographics: • Average Household Income: 1 mile - $39,473, 3 miles - $54,772, and 5 miles - $61,594 • Average Household Population: 1 mile - 14,366, 3 miles - 99,578, and 247,681 Traffic Counts: • University Avenue W: 10,700 vpd • Western Avenue N: 5,884 vpd • I-94: 127,488 vpd