22350 Highway 65 - Storefront Retail/Office FOR SALE


East Bethel, MN 55005
$750,000 USD
763-439-7555
22350 Highway 65, East Bethel, MN for Sale
$750,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

22350 Highway 65
East Bethel, MN 55005


HIGHLIGHTS

  • Prominent Highway 65 visibility with direct access to northbound & southbound lanes on 2.86 acres with 282 feet of Highway 65 frontage
  • Approximately 5,000 SF main building w/ 22 Parking configured as four commercial suites plus detached approximately 280 SF garage
  • Seller financing available to qualified buyer
  • Double-sided Daktronics digital sign with approximately 8' × 4' digital display on each face
  • Flexible owner-user or multi-tenant layout: professional office, storefront/open flex, premium finished suite, and flex/storage bay
  • Well, septic, HVAC, electrical, and plumbing substantially updated in 2016

OVERVIEW

For sale by owner: Frontier Village at 22350 Highway 65 NE in East Bethel. This approximately 5,000 SF commercial building sits on approximately 2.86 acres with 282 feet of Highway 65 frontage, 22 marked parking spaces, direct north/south highway access, a detached approximately 14' × 20' garage, and a double-sided Daktronics digital sign. The property is vacant and ready for an owner-user, investor, or multi-tenant lease-up strategy. The building is currently divided into four flexible suites. Unit 1 is approximately 1,600 SF and is finished as a professional office with reception/lobby, conference room, four offices, and break area. Unit 2 is approximately 900 SF of open storefront / retail-service / flex space and shares a restroom with Unit 1 through a common hallway. Unit 3 is approximately 1,600 SF of finished office/showroom/studio/service space with a full kitchen, private office/consultation room, washer/dryer closet, and large private restroom. Unit 4 is approximately 900 SF of heated/cooled flex or storage space with a 10' × 10' grade-level overhead door and separate walk-in entrance; there is no restroom within Unit 4. The property has two split HVAC systems - Units 1 and 2 share one system and Units 3 and 4 share the other - while each suite has individual thermostat control. Well, septic, HVAC, electrical, and plumbing were substantially updated in 2016. B-2 commercial zoning offers flexibility for a range of commercial uses, subject to City approval.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

Commercial

APN/PARCEL ID

05-33-23-31-0007

ASK ABOUT THIS PROPERTY

Dustin SchroederSchroeder Properties of MNMore Info
763-439-7555

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Dustin SchroederSchroeder Properties of MNMore Info
763-439-7555

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