See all 23 photos
$1,500,000
Est. payment /mo
10,500 SqFt
Active
1901 Cliff Road E Burnsville, MN 55337
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Key Details
Property Type Commercial Sale
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $142
Subdivision Town & Country Shopping Center
MLS Listing ID 5726649
Year Built 1973
Annual Tax Amount $222,521
Tax Year 2020
Lot Size 9.000 Acres
Acres 9.0
Property Sub-Type Business
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.
Location
State MN
County Dakota
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Business, Fixture/Equipment, Leases, Other
Exterior
Utilities Available Heating Separate, Electric Separate
Present Use Restaurant,Food Service,Commercial,Warehouse,Retail,Other
Building
Foundation 10500
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District 191 - Burnsville-Eagan-Savage

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