Toco Lindo 8188 Highway 65 NE
850 SF Retail Building Spring Lake Park, MN 55432 $800,000 ($941.18/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Close to Hy-vee, Starbucks and a Hospital
EXECUTIVE SUMMARY
Introducing Toco Lindo, a charming restaurant located at 8188 Hwy 65 NE, Spring Lake Park, MN 55432. This property presents an exciting opportunity for restaurateurs looking for a turnkey operation in a prime location. Boasting a commercial kitchen and recently updated interiors, Toco Lindo offers a cozy dining area along with outdoor patio seating, making it perfect for guests to enjoy meals in the fresh air. The .46-acre parcel provides ample parking with 26 spaces available. Strategically situated along Hwy 65 NE, this property benefits from high visibility and easy access, attracting both local residents and passing travelers. With neighboring businesses like Hy-Vee and Starbucks, the location is a hub of activity. Priced at $800,000. Take advantage of this rare opportunity to own a restaurant in a bustling area. Contact us today to learn more.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
850 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$800,000
Price Per SF
$941.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.45 AC
Parking
26 Spaces (30.59 Spaces per 1,000 SF Leased)
Frontage
105’ on NE Central Ave
AMENITIES
- Restaurant
- Security System
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-30-24-24-0012 | Improvements Assessment | $92,800 |
| Land Assessment | $140,000 | Total Assessment | $232,800 |
