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Off Market
1/2

2801 N Snelling Ave
Roseville, MN 55113


OVERVIEW

FURTHER PRICE REDUCTION - $3,400,000.00! ?The business is still in operation, please be discreet and schedule all tours through listing brokers. 23,141 SF on 2.38 Acres Restaurant/Banquet Center or Redevelopment Opportunity Highlights and Features: PID: 04.29.23.41.0041 Zoning: CB Community Business District Uses include retail and service use, shopping center, freestanding business, mixed-use building with upper-story residential uses Existing restaurant building tear down for redevelopment Second generation restaurant built in 1986 Lower level includes a reception area, banquet room, meeting room, prep room, mechanical room, and restrooms Main level includes a commercial kitchen, bar area, restaurant area, game room, and restrooms Second level includes a dining area, meeting room, prep area and restroom Space function is enhanced by a stairwell, freight elevator and passenger elevator throughout Across from Northwestern Campus Direct access to Snelling Avenue Easy access to I-694 and Hwy 36 Close proximity to Rosedale Mall, Crossroads of Roseville, MN State Fairgrounds, MN United Stadium Close to downtown Minneapolis and St. Paul Area tenants: Northwest College, Scandinavian Designs, Pizza Luce, Midway Ford, Tires Plus, AT & T, Caribou Coffee, Walgreens, Jiffy Lube, Holiday Station, Osaka Sushi & Hibachi, Plato's Closet, JUUT Salon, Jimmy John's, Office Depot, Lunds & Byerly's, Fast Signs, Bridging MN, Fireside Hearth & Home, The Tile Shop, Affinity Plus, Country Inn & Suites, Khan's Mongolian Barbeque, Olive Garden and more Demographics and Traffic Counts: Average Household Population: 1 mile - 9,270, 3 miles - 77,940 and 5 miles - 286,679 Average Household Income: 1 mile - $103,655, 3 miles - $75,719 and 5 miles - $62,362 Traffic Counts: Snelling Avenue - 30,500 vpd - Hwy 36 - 92,000 vpd and County Road C - 17,100 vpd Available For Redevelopment: 2.38 acres (103,673 sf) 2021 Tax: $115,584.00 Sale Price: $3,400,000.00 Available For Sale: 23,141 sf Lower Level: 10,082 sf Main Level: 10,811 sf Second Level: 2,248 sf 2021 Tax: $115,584.00 Sale Price: $3,400,000.00

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

23141

STORIES

2

YEAR BUILT

1986

SPRINKLERS

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PARKING SPACES

148

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

04-29-23-41-0013,04-29-23-41-0041