USAMNCoon RapidsAuditors Sub 743050 Coon Rapids Blvd Nw
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3050 Coon Rapids Blvd Nw, Coon Rapids, MN

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,600,000

000

MLS® 6767111

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $24,093
Days Active 209
Approx. Age 1978
MLS® Number 6767111

Property Address: 3050 Coon Rapids Blvd Nw, Coon Rapids, MN, 55433-4576

Average square foot calculated using Size range provided by listing agent.

Description

This large multi-tenant commercial building presents a compelling investment opportunity, particularly for buyers seeking value-add potential with built-in stability. The property benefits from zoning that allows for both automotive and o?Ice warehouse uses through a Conditional Use Permit (CUP), which greatly expands the scope of allowable tenants and maximizes long-term leasing flexibility. Currently, the building is leased at below-market rental rates, leaving significant room for future income upside as leases turn over or are renegotiated. The tenant base is composed of a solid mix of occupants from various industries, providing diversification and reducing the risk associated with vacancy or market shifts. In addition to its favorable zoning and tenant structure, the property has recently undergone major renovations totaling approximately $750, 000. These capital improvements were completed by the current ownership and address many of the typical deferred maintenance items, positioning the building for reduced operational costs in the near term and increased attractiveness to new tenants. Overall, this asset combines strong fundamentals with meaningful upside potential, making it an ideal candidate for investors seeking both stability and growth in a well-located commercial property.
MLS® Number6767111
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1978
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2025List Date
$2,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
3050 Coon Rapids Blvd Nw, Coon Rapids, MN

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