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Key Details
Sold Price $100,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5679527
Year Built 1975
Annual Tax Amount $11,856
Tax Year 2020
Property Sub-Type Business
Property Description
Well established Asian restaurant in the Marketplace Center next to auto part shop, furniture store, bingo hall, restaurants, gym, grocery store, nail salon, event center and other shops. Ample shared parking spaces and some designated parking stalls. Many residential homes and apartment near by. Sale includes business opportunity, furniture, appliances, and equipment. Easy access to Hwy 694 and Hwy 35E. Current rent is $3,200/mo and with taxes , CAM, and insurance is total $5,428/mo. Current lease expires on Nov. 2024. Buyer may negotiate a new lease with the landlord. Current restaurant business is take out food only and opens 6 days a week without delivery service. There are opportunity for increase sales. Current owner has the restaurant for over 6 years.
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Open
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Building
Lot Description Irregular Lot
Foundation 4800
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Roseville
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Michael Smith
Broker Associate | License ID: 40184871
Broker Associate License ID: 40184871



