Burnsville, MN 55337,1901 Cliff Road E
Burnsville, MN 55337,1901 Cliff Road E
Burnsville, MN 55337,1901 Cliff Road E
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$1,500,000
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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


Northstar MLS (Northstar)
Listed by RE/MAX Results

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agent

Team Steady

+1(952) 607-7436

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1901 Cliff Road E