5491 Adams St - Freestanding FOR SALE


Mounds View, MN 55112
$795,000 USD
612-702-6867
5491 Adams St, Mounds View, MN for Sale
$795,000 USD
Freestanding - FOR SALE
1/15
null | 7.86% Cap Rate

5491 Adams St
Mounds View, MN 55112


HIGHLIGHTS

  • # of Tenants: 4 (parts store, grocer, salon, storage)
  • Occupancy: 100% (one of the tenants can relocate for a new business to come in)
  • Gross Income: $94,128 (3 of the 4 tenants are on net leases)

OVERVIEW

• Sale Price: $850,000 • # of Tenants: 4 (parts store, grocer, salon, storage) • Occupancy: 100% (one of the tenants can relocate for a new business to come in) • Main Building Size: 5,891 SF • Garage Building Size: 1,200 SF • Gross Income: $94,128 (3 of the 4 tenants are on net leases) • Estimated 2024 Expenses: $31,649 • Renovations 2022: Roof, parking lot, HVAC, plumbing, electrical, flooring, fixtures, etc. • Zoning: B-2

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

B-2

APN/PARCEL ID

08-30-23-12-0052

ASK ABOUT THIS PROPERTY

Andrei BortnovObsidian GroupMore Info
612-702-6867

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Andrei BortnovObsidian GroupMore Info
612-702-6867

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.