11166 County Road 37 NE - Restaurant FOR SALE


Albertville, MN 55301
$1,900,000 USD
612-281-4163
11166 County Road 37 NE, Albertville, MN for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

11166 County Road 37 NE
Albertville, MN 55301


HIGHLIGHTS

  • Frontage on Interstate 94.
  • Conveniently Located Between Albertville Outlets & Costco.
  • Businesses in the Area Include: Albertville Premium Outlets, Costco, Premier Bank, St. Michael-Albertville Ice Arena, Taco Bell and more!
  • Traffic Counts: I-94 - 55,877 VPD
  • Traffic Counts: County Road 37 NE - 11,703 VPD

OVERVIEW

This restaurant can be a turn key operation for an incoming buyer. This is a chef ’s dream kitchen with wood fire grill, smoker, fryers, ovens, grills and more. You really must see it to appreciate it. There is a sunken center with a dome above that can be used in a number of creative ways for any concept. There is a separate party/meeting room, a lounge with a full bar, both with their own waitress stations. The game arcade is owned and operated by another company. They are extremely successful and would love the opportunity to stay. The restaurant profits generously from the game arcade, too! This concrete tip up building is nearly clear span with the exception of columns across the center of the building so it is easy to move walls, add walls and windows or anything else to suit your vision. Space Aliens has been the only tenant in the building the last 20 years. All the furniture, fixtures and equipment stay with the building. The building lends itself to any number of open floor plan uses such as recreation or retail once you remove the equipment and partitioned walls. Additional information and full size plans are available, please contact the agents for more detail.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,583 SF

ZONING

B-3

APN/PARCEL ID

101-138-001020

ASK ABOUT THIS PROPERTY

Eric O'BrienCommercial Realty SolutionsMore Info
612-281-4163

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Eric O'BrienCommercial Realty SolutionsMore Info
612-281-4163

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