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1901 Cliff Road E

Burnsville, MN 55337
  • $1,500,000
  • STATUS: Active
  • ON SITE: 258 Days
  • ID#: 5726649
UPDATED: 23 min ago
$1,500,000
  • 0
    BEDS
  • 9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,500
    SQFT
  • $143
    $/SQFT
Type:
Commercial
Built:
1973
County:

School Ratings & Info

Listing courtesy of Re/Max Results.

Description

Highly profitable business opportunity sale includes sales from the grocery store (6,000 sqfts), restaurant (2,500 sqfts) and the seller to guarantee buyer in paying $10,000/mo in rent. The warehouse is 2,000 sqfts. Total of 10,500 sqfts of grocery, bakery, restaurant, and warehouse. No real estate. Owner has invested about $1M into the build-out. Sale includes appliances, equipment, furniture, 2 walk-in coolers, 2 walk-in freezers, multiple freezers and coolers, shelves, a commercial Nissan NV250 working van, a floor cleaning machine, an inventory lifting vehicle and other items that come with the business. Exclude inventory. The seller is confident the buyer will get his investment back in about 2 years. The rent is $10,500/mo plus electricity and gas. The lease expires in 8 years plus a 10-year option with a .50 increase per sqfts per year. Ample parking and great location by Hwy 13 E. Seller is selling only because he is busy with other businesses.

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IDX data © 2021 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 The Pomerleau Team 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. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, 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 2021-12-01T17:22:28.677.

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1901 Cliff Road E Burnsville, MN 55337

  • Price: $1,500,000
  • Status: Active
  • On Site: 258 Days
  • Updated: 23 min ago
  • ID#: 5726649
0
Beds
0
Baths
0
½ Baths
9
Acres
10,500
SQFT
$143
$/SQFT
1973
Built
Neighborhood:
Town & Country Shopping Center
County:
Dakota
School District:
191 - Burnsville-Eagan-Savage
Property Description
Highly profitable business opportunity sale includes sales from the grocery store (6,000 sqfts), restaurant (2,500 sqfts) and the seller to guarantee buyer in paying $10,000/mo in rent. The warehouse is 2,000 sqfts. Total of 10,500 sqfts of grocery, bakery, restaurant, and warehouse. No real estate. Owner has invested about $1M into the build-out. Sale includes appliances, equipment, furniture, 2 walk-in coolers, 2 walk-in freezers, multiple freezers and coolers, shelves, a commercial Nissan NV250 working van, a floor cleaning machine, an inventory lifting vehicle and other items that come with the business. Exclude inventory. The seller is confident the buyer will get his investment back in about 2 years. The rent is $10,500/mo plus electricity and gas. The lease expires in 8 years plus a 10-year option with a .50 increase per sqfts per year. Ample parking and great location by Hwy 13 E. Seller is selling only because he is busy with other businesses.
Exterior Features

Construction Materials Brick/Stone Foundation Area 10500 Lot Size Dimensions 0 Parking Features Open Parking Open 50 Waterfront YN No

Interior Features

Appliances RangeExhaust FanDishwasherRefrigeratorFreezerOther Heating Forced Air Sq Ft Finished Building 10500

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use RestaurantFood ServiceCommercialWarehouseRetailOther Foreclosure Status No Fuel Natural Gas Inclusions BusinessFixture/EquipmentLeasesOther Land Lease Amount 0 Lender Owned No Postal City Burnsville Potential Short Sale No Property Sub Type Business Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 222521 Tax With Assessments 227152.00 Tax Year 2020 Unit Type Efficiencies1 Bedroom2 Bedroom3 Bedroom1 Room2 Room3 Room4 Room5 Room6 Room7 Room Utilities Heating SeparateElectric Separate Water Source City Water/Connected Zoning Description Business/Commercial

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Results. 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 © 2021 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 The Pomerleau Team 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. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, 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 2021-12-01T17:22:28.677.

Click here for Digital Millennium Copyright Act
 
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The Pomerleau Team
11671 Fountains Drive, Suite 200
Maple Grove MN, 55369
Listing courtesy of Re/Max Results.