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22350 Highway 65 5,000 SF Vacant Retail Building East Bethel, MN 55005 $1,038,848 CAD ($207.77 CAD/SF)
Investment Highlights
- Heavy Traffic on Hwy 65 with direct access to North and South lanes
- Ready to move in!
- 2.86 acres with room for expansion
Executive Summary
For sale by owner.
This property has approximately 5000ft2 with 4 units. Also a detached garage which is roughly 300ft2.
I purchased and used for my business since 2015. Well, Septic, hvac, electrical, plumbing was all brand new in 2016.
Seller Financing Available with qualification - $150,000 down, 6.5% rate on 20 year amortization ($4,473.44 payment), 5 year balloon.
Unit 1 - 1600ft2 Setup as an office with a lobby, conference room, 4 offices, and break area.
Unit 2 - 900ft2 Setup as a store front. It has access to unit 1 via door currently.
Unit 1 and 2 share a single bathroom.
Unit 3 - 1600ft2 Setup as a boutique with an office currently. Has a bathroom and kitchen.
Unit 4 - 900ft2 Setup as storage with a 10ft wide x 10ft tall garage door. No Bathroom or plumbing.
All 4 units have hvac via to split units (1 and 2 share, 3 and 4 share) However can be controlled by each individual unit their own thermostat.
The building has a Daktronics digital sign on hwy 65.
The best advantage of the property is that it has direct access to hwy 65 north or south.
This property has approximately 5000ft2 with 4 units. Also a detached garage which is roughly 300ft2.
I purchased and used for my business since 2015. Well, Septic, hvac, electrical, plumbing was all brand new in 2016.
Seller Financing Available with qualification - $150,000 down, 6.5% rate on 20 year amortization ($4,473.44 payment), 5 year balloon.
Unit 1 - 1600ft2 Setup as an office with a lobby, conference room, 4 offices, and break area.
Unit 2 - 900ft2 Setup as a store front. It has access to unit 1 via door currently.
Unit 1 and 2 share a single bathroom.
Unit 3 - 1600ft2 Setup as a boutique with an office currently. Has a bathroom and kitchen.
Unit 4 - 900ft2 Setup as storage with a 10ft wide x 10ft tall garage door. No Bathroom or plumbing.
All 4 units have hvac via to split units (1 and 2 share, 3 and 4 share) However can be controlled by each individual unit their own thermostat.
The building has a Daktronics digital sign on hwy 65.
The best advantage of the property is that it has direct access to hwy 65 north or south.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1960/2016
Price
$1,038,848 CAD
Price Per SF
$207.77 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.86 AC
Zoning
Commercial - B-2 Zoning - See attached from the city of East Bethel
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
282’ on Mn-65
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 05-33-23-31-0007 | Improvements Assessment | $512,393 CAD |
| Land Assessment | $140,412 CAD | Total Assessment | $652,805 CAD |
Property Taxes
Parcel Number
05-33-23-31-0007
Land Assessment
$140,412 CAD
Improvements Assessment
$512,393 CAD
Total Assessment
$652,805 CAD
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Presented by
Schroeder Properties of MN
22350 Highway 65
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