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3050 Coon Rapids Boulevard NW

Coon Rapids, MN 55433
  • $2,500,000
  • STATUS: Active
  • ON SITE: 158 Days
  • ID#: 6216151
UPDATED: 30 min ago
$2,500,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 31,126
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1978
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Caspian Group.

Description

This asset is located adjacent to the Anoka-Ramsey Community College Coon Rapids location. Just west of the site is the Mississippi River and to the south is the Coon Rapids Ice Center and north is the Grand Slam Family Fun Center. It boasts an excellent location for retailers seeking fair market rents, which fosters business growth opportunities for the businesses who invest there. The building appeals to a flex retail and industrial users, which is synonymous with the zoning that allows for retail and light industrial uses. At a 88% occupancy rate, and priced to sell in today's market, this property is an excellent investment opportunity! Located in close proximity to the Twin Cities, and due to the liberty in zoning and fair market rents, the property has potential to serve as an outstanding solution for both online retailers seeking distribution space or traditional retailers alike.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Truen Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Truen Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Truen Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-04T09:21:17.707.

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www.truengroup.com/homes/130352433
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3050 Coon Rapids Boulevard NW Coon Rapids, MN 55433

  • Price: $2,500,000
  • Status: Active
  • On Site: 158 Days
  • Updated: 30 min ago
  • ID#: 6216151
0
Beds
0
Baths
0
½ Baths
1.8
Acres
31,126
SQFT
$80
$/SQFT
1978
Built
Neighborhood:
Auditors Sub 74
County:
Anoka
School District:
11 - Anoka-Hennepin
Property Description
This asset is located adjacent to the Anoka-Ramsey Community College Coon Rapids location. Just west of the site is the Mississippi River and to the south is the Coon Rapids Ice Center and north is the Grand Slam Family Fun Center. It boasts an excellent location for retailers seeking fair market rents, which fosters business growth opportunities for the businesses who invest there. The building appeals to a flex retail and industrial users, which is synonymous with the zoning that allows for retail and light industrial uses. At a 88% occupancy rate, and priced to sell in today's market, this property is an excellent investment opportunity! Located in close proximity to the Twin Cities, and due to the liberty in zoning and fair market rents, the property has potential to serve as an outstanding solution for both online retailers seeking distribution space or traditional retailers alike.
Exterior Features

Construction Materials Brick/StoneMetal SidingOther Foundation Area 31126 Foundation Dimensions 31126 Levels One Lot Size Dimensions 31126 Parking Features Open Parking Open 92 Roof Metal

Interior Features

Heating Forced Air

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Contingency None Current Use Professional/OfficeCommercialProfessional ServiceRetailWarehouse Foreclosure Status No Fuel Natural Gas Inclusions BuildingLand Land Lease Amount 0 Lender Owned No Net Operating Income 216908.3 Operating Expense 54745 Postal City Coon Rapids Potential Short Sale No Property Sub Type Retail Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 23739 Tax With Assessments 23739.0000 Tax Year 2021 Utilities Heating Common Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Caspian Group: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Truen Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Truen Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Truen Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-04T09:21:17.707.

Click here for Digital Millennium Copyright Act
 
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Truen Group | eXp Realty
321 Main St S, Suite 201
Stillwater MN, 55082
NorthstarMLS] logo Listing courtesy of Caspian Group.