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8443 University Ave NE
Spring Lake Park, MN 55432
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6 bays with extra space for complimentary co tenant
- Solar system on roof
- Excellent exposure from University Ave NE with over 30,000 VPD
EXECUTIVE SUMMARY
Now available is this 6 bay auto service Property located in Spring Lake Park, MN just south of the Northtown Mall. University Avenue boasts over 30,000 vehicles per day with excellent visibility. This building is fully equipped to be an auto repair/service facility with additional space for a complimentary tenant or to expand the capacity of a repair shop. There is ample parking with 35 spaces and a resurfaced lot (2023). The roof is equipped with a solar array providing energy savings. The equipment is available for $150,000 providing for a turnkey opportunity. Equipment is being sold by a separate Seller.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1995/2023
Price
$2,065,335 CAD
Price Per SF
$413.07 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.03 AC
Zoning
C-2 - zoned C-2
Parking
38 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 02-30-24-21-0159 | Improvements Assessment | $684,608 CAD |
| Land Assessment | $460,119 CAD | Total Assessment | $1,144,727 CAD |
PROPERTY TAXES
Parcel Number
02-30-24-21-0159
Land Assessment
$460,119 CAD
Improvements Assessment
$684,608 CAD
Total Assessment
$1,144,727 CAD
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