Minneapolis, MN 55433
$2,600,000
Property Type:
Commercial
Square Footage:
31,500
Lot Size (sq. ft.):
78,408
Status:
Active
Current Price:
$2,600,000
List Date:
5/19/2026
Last Modified:
5/27/2026
Listing Details MLS# 7076932
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 92
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1978
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 31500
- For Sale or Lease
- For Sale
- Acres
- 1.8
- Lot Dimensions
- x
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
Other
Assumable Loan:
Not Assumable
CMU Style:
Other
Construction Status:
Previously Owned
Current Use:
Automobile Service; Business Service; Commercial; Industrial; Professional Service; Retail; Warehouse
Existing Financing:
Conventional
Exterior:
Other
Foundation:
Other
Fuel:
Natural Gas
Heating:
Forced Air
On Site Utilities:
Electric Separate; Heating Separate
Overhead Door Clearance:
10-14 Feet
Parking Characteristics:
Parking Lot
Potential Use:
Industrial; Office; Retail; Shop; Warehouse; Wholesale
Roof:
Age Over 8 Years; Metal
Sewer:
City Sewer/Connected
Stories:
One
Wall Description:
Drywall
Water:
City Water - In Street
Contract Information
- Contingency
- None
- ListPrice
- 2600000
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- Postal City
- Minneapolis
- County
- Anoka
- State
- MN
- Zip Code
- 55433
- Complex/Dev/Subdivision
- Auditors Sub 74
Assessments
- Tax With Assessments
- 24093
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 210 x 150
More Information
Building Information
- Building Finished SqFt
- 31500
- Building SqFt
- 31500
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Door Height
- 14
- Garage Door Width
- 8
- Parking Lot
- Yes
Public Survey Info
- Range#
- 24
- Section#
- 16
- Township#
- 31
Sale Options
- Sale Includes
- Building, Land, Leases
Unit Details
- Total Units
- 10
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- THAT PART OF LOT 6 AUDITORS SUBDIVISION 74 DESC AS FOL: BEG AT PT ON SWLY R/W LINE OF CSAH NO 1, 728.9 FT NWLY FROM SE COR OF SD LOT, TH NWLY ALG SD SWLY R/W LINE 200 FT, TH SWLY 557.75TFT TO PT ON S LINE OF SD LOT, 973.95 FT W OF SD SE COR OF SD LOT , TH E ALG S LINE OF SD LOT 214.06 FT TH NELY IN STRAIGHT LINE TO POB
- Listing City
- Coon Rapids
- Map Page
- 63
- Municipality
- Coon Rapids
- School District
- Anoka-Hennepin
- School District Phone
- 763-506-1000
- Zip Plus 4
- 2802
- Property ID Number
- 163124320007
- Tax Year
- 2026
- Tax Amount
- 24093
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- This large multi-tenant commercial building presents a compelling investment opportunity, particularly for buyers seeking value-add potential with built-in stability. The property benefits from zoning that allows for both automotive and o?ice warehouse uses through a Conditional Use Permit (CUP), which greatly expands the scope of allowable tenants and maximizes long-term leasing flexibility. Currently, the building is leased at below-market rental rates, leaving significant room for future income upside as leases turn over or are renegotiated. The tenant base is composed of a solid mix of occupants from various industries, providing diversification and reducing the risk associated with vacancy or market shifts. In addition to its favorable zoning and tenant structure, the property has recently undergone major renovations totaling approximately $750,000. These capital improvements were completed by the current ownership and address many of the typical deferred maintenance items, positioning the building for reduced operational costs in the near term and increased attractiveness to new tenants. Overall, this asset combines strong fundamentals with meaningful upside potential, making it an ideal candidate for investors seeking both stability and growth in a well-located commercial property.
- Directions
- Coon Rapids Blvd & 111th Street
Accessible
- Other
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Conventional
- Yes
Exterior
- Other
- Yes
Foundation
- Other
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Roof
- Age Over 8 Years
- Yes
- Metal
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Wall Description
- Drywall
- Yes
Water
- City Water - In Street
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Separate
- Yes
CMU Style
- Other
- Yes
Current Use
- Automobile Service
- Yes
- Business Service
- Yes
- Commercial
- Yes
- Industrial
- Yes
- Professional Service
- Yes
- Retail
- Yes
- Warehouse
- Yes
Overhead Door Clearance
- 10-14 Feet
- Yes
Potential Use
- Industrial
- Yes
- Office
- Yes
- Retail
- Yes
- Shop
- Yes
- Warehouse
- Yes
- Wholesale
- Yes
Listing Office:
Keller Williams Integrity Realty
Last Updated: May - 27 - 2026
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