Address
1901 Cliff Road E Burnsville, MN
Price
$ 1,500,000
Property Attributes
  • ID#5726649
  • TypeCommercial
  • CountyDAKOTA
  • CityBurnsville
  • AreaTown & Country Shopping Center
  • Zip55337
  • StyleBusiness
  • Year Built1973
  • Taxes$ 222521
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10500
  • Lot Size9 Acres
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
NorthstarMLS
Property Description

Highly profitable business opportunity sale includes sales from the grocery store (6,000 sqfts), restaurant (2,500 sqfts) and the seller to guarantee buyer in paying $10,000/mo in rent. The warehouse is 2,000 sqfts. Total of 10,500 sqfts of grocery, bakery, restaurant, and warehouse. No real estate. Owner has invested about $1M into the build-out. Sale includes appliances, equipment, furniture, 2 walk-in coolers, 2 walk-in freezers, multiple freezers and coolers, shelves, a commercial Nissan NV250 working van, a floor cleaning machine, an inventory lifting vehicle and other items that come with the business. Exclude inventory. The seller is confident the buyer will get his investment back in about 2 years. The rent is $10,500/mo plus electricity and gas. The lease expires in 8 years plus a 10-year option with a .50 increase per sqfts per year. Ample parking and great location by Hwy 13 E. Seller is selling only because he is busy with other businesses.

Price History
3/18/2021 Listed $1,500,000

General Features

Accessibility None
Appliances Range, Exhaust Fan, Dishwasher, Refrigerator, Freezer, Other
Construction Materials Brick/Stone
Contingency None
Current Use Restaurant, Food Service, Commercial, Warehouse, Retail, Other
Heating Forced Air
High School District Burnsville-Eagan-Savage
Lender Owned No
Parking Features Open
Property SubType Business
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 222521
Total Units 1
Zoning Description Business/Commercial

Exterior Features

Foundationarea 10500
Lot Size Area 9
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55337

Price
AVG $350K
$1.5M
Taxes
AVG $52,366
$222,521
Visits
AVG 218
85
Year Built
AVG 1984
1973
Walkscore
AVG 52
62
Data Provided by Walkscore ® not using MLS data

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