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