$500,000
$575,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
8355 University AVE NE Spring Lake Park, MN 55432
1.29 Acres Lot
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Terrace Manor 4Th Add
MLS Listing ID 5195772
Sold Date 06/20/19
Year Built 1970
Annual Tax Amount $6,681
Tax Year 2018
Contingent None
Lot Size 1.290 Acres
Acres 1.29
Lot Dimensions irregular
Property Description
Great standalone restaurant/retail bldg w/excellent University Ave NE exposure. ?Brand new large outdoor seating patio area in front of building. Excellent street access w/ 2 total curb cuts w/extra parking lot in back. Extensive, large, and intact kitchen w/a lot of equipment included. ?(2) walk in coolers (beer & food) and (1) walk in freezer included. Fountain drink system in place & (2) new HVAC units. Located in vibrant trade area along University Ave NE near Northtown Mall. Former Timber Lodge restaurant facility. Regulatory licensing in place for full service restaurant with liquor. Large main bar area ready to be finished, infrastructure in place, side bar already finished & ready to go. The building has ADA compliant restrooms in place along w/a convenient side entry/lobby area w/storefront glass door vestibule.
Location
State MN
County Anoka
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Commercial, Event Space, Food Service, Restaurant
Parking Type Open
Building
Foundation 6564
Sewer City Sewer - In Street
Water City Water - In Street
Structure Type Wood Siding
Schools
School District Spring Lake Park
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