LISTING Commercial Property For Sale

Coon Rapids 55433 - 1.80 Acres

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Property Description

$2,500,000  |  Commercial Sale # 6216151  |  3050 Coon Rapids Boulevard NW - Coon Rapids, LISTING

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.

Approximate Location

$2,500,000  |  Commercial Sale # 6216151  |  3050 Coon Rapids Boulevard NW - Coon Rapids, LISTING

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$2,500,000  |  Commercial Sale # 6216151  |  3050 Coon Rapids Boulevard NW - Coon Rapids, LISTING

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Re: $2,500,000  |  Commercial Sale # 6216151  |  3050 Coon Rapids Boulevard NW - Coon Rapids, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.08.18 | 108.163.245.133 | 3.238.252.196
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