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712-714 Highway 55

1,790 SF 100% Leased Retail Building Medina, MN 55340 $599,999 ($335.19/SF)

INVESTMENT HIGHLIGHTS

  • Heavy traffic from Hwy 55
  • Great Demographics for the area.
  • Full Commercial kitchen

EXECUTIVE SUMMARY

Great Catering Kitchen or small Restaurant opportunity. Location comes with hood, sinks and walk-in cooler, almost turn key operation for a Commercial Kitchen. 1750 sq ft that includes walk-in cooler. Parking lot. 2 bathrooms. Solid traffic from Hwy 55 plus industrial park. Increased housing in the area. All numbers are estimated, Buyer must verify. Letter of Credit for a tour. DO NOT APPROACH PROPERTY ! Call or email for a tour. Catering Company and other equipment included in sale. Call for a status.
For catering business ...ADD $90k

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,790 SF
Building Class
C
Year Built
1968
Price
$599,999
Price Per SF
$335.19
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.46 AC
Zoning
Commercial
Parking
20 Spaces (11.17 Spaces per 1,000 SF Leased)
Frontage
141’ on Highway 55

AMENITIES

  • Restaurant

NEARBY MAJOR RETAILERS

Caribou Coffee
Starbucks
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-118-23-23-0007
Land Assessment
$200,000
Improvements Assessment
$144,000
Total Assessment
$344,000
  • Listing ID: 33296470

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 712-714 Highway 55, Medina, MN 55340

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