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Active
$500,000
/mo Edit
Commercial:  Other
Built 2001
27.843 acres
Anoka-Hennepin schools
MLS# 7105884
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    Property Description

    This is business opportunity for sale , does not include real estate building. Turnkey Second-Generation Restaurant Opportunity in Prime Coon Rapids Location! Excellent opportunity to own a fully remodeled second-generation restaurant in Coon Rapids. This approximately 5, 000 SF freestanding building offers outstanding visibility on Riverdale Boulevard, with easy access from Highway 10 and major surrounding roadways. Located in a thriving retail and dining district, the property is surrounded by national retailers, shopping centers, entertainment venues, hotels, and established residential neighborhoods, generating strong daily traffic and a large customer base. The spacious layout is ideal for a wide range of restaurant concepts. The modern build-out significantly reduces startup costs and allows a new owner to begin operations quickly. Lease terms, business information, and sale price are available upon request. Confidential sale—please do not disturb employees or business operations.

    Listing

    Contingency: None
    City: Coon Rapids
    County: Anoka
    State: MN
    Property Style: Other
    Zip Code: 55448
    Subdivision Name: Riverdale Village 5th Add

    Exterior

    Garage Spaces: 0
    Foundation Size: 277,536 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Guest Parking
    • Parking Lot

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 27.843
    Geolocation: 45.201755, -93.349226
    Inclusions: Business, Leases
    Lot Dimensions: 1212867
    Zoning: Business/Commercial

    Schools

    School District: 11
    District Phone: 7635061000

    Expenses

    Tenant Expenses: All Utilities, Electricity, Gas, Heat, Hot Water, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $961,883
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $961,883

    Units

    Total Units: 1
    Unit Number: 104

    Miscellaneous

    Current Use:
    • Commercial
    • Professional/Office
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    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 Keller Williams Classic Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.