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For Sale:  Coon Rapids MLS# 7012479

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Active NEW!
$275,000
/mo Edit
Commercial:  1 Story
Built 1982
0.024 acres
MLS# 7012479
763-576-8286
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    Property Description

    Prime Owner-User or Investment Opportunity in Coon Rapids! Rare chance to own half of a well-located office building on high-visibility Coon Rapids Blvd. Currently operating as a successful beauty parlor, this property is perfectly set up for a first-time commercial owner or an investor looking to step into immediate cash flow with room to expand. The main floor features 10 rentable salon chairs, providing strong income potential from day one. The lower level offers 5 private office suites, each equipped with sinks—ideal for additional beauty professionals, wellness providers, or conversion to a med spa, esthetics, massage, or medical office use. Priced at only $275, 000, this is an accessible entry point into commercial ownership. the seller is also willing to rent back a chair on the main floor, providing immediate income and continuity. Perfect for an entrepreneur looking to own their workspace, grow their brand, and increase monthly cash flow, or an investor seeking a flexible, income-producing property in a strong Coon Rapids location. Endless possibilities for expansion and long-term value. Tighten this for loopnet-style listings

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $275,000
    Property Type: Commercial
    City: Coon Rapids
    Garage Spaces: 0
    County: Anoka
    Year Built: 1982
    State: MN
    Property Style: 1 Story
    Zip Code: 55433
    Subdivision Name: Condo 44 The Quarters

    Interior

    Basement Details: Finished

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 00
    Garage Door Width: 0
    Foundation Size: 1,025 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Parking Lot

    Lot & Land

    Acres: 0.024
    Geolocation: 45.158312, -93.314057
    Inclusions: Building
    Lot Dimensions: 41 x 26
    Zoning: Business/Commercial

    Schools

    School District: 663
    District Phone: 7635061000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,815
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,815

    Income

    Annual Gross Income: $108,000

    Rent

    Annual Net Income: None

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Beauty/Barber Shop
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of LPT Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.