7680 Highway 65Fridley, MN 55432

For Sale
$1,000,000

Prime Fridley location, high-return potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a bank-owned, mixed-use commercial property ideally situated on the corner of Hwy 65 and Osborne Road in Fridley, Minnesota. The property encompasses a 3,329 square foot building situated on a 0.6-acre lot. The structure, built in 1964 and renovated in 1991, currently functions as a six-bay auto repair shop, gas station, and convenience store. This one-story building offers significant potential for a variety of uses, capitalizing on its high-traffic location. The asking price is $1,000,000, which includes both the real estate and fixtures, furniture, and equipment (FF&E). The property boasts a compelling 30.75% cap rate, making it an attractive investment for owner-users seeking a strong return on investment. Located in Anoka County, with a Fridley, MN 55432 zip code, this property presents a rare chance to acquire a well-established commercial asset in a thriving North Metro area. The property's size and diverse functionality make it a versatile option for both established businesses and ambitious entrepreneurs. This is a turnkey operation ready for immediate occupancy and income generation. Don't miss this chance to own a piece of Fridley's commercial landscape.

Highlights

  • Bank-owned mixed-use commercial property in Fridley, MN.
  • 3,329 SF building on a 0.6-acre lot at Hwy 65 & Osborne Rd.
  • Currently operating as a six-bay auto repair shop, gas station, and convenience store.
  • $1,000,000 asking price includes real estate and FF&E.
  • 30.75% cap rate.

Property Details for 7680 Highway 65

Property type
Other retail properties, Automotive properties
Square Feet
3,329 SF
Year Built/Renovated
1964/1991
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Fridley
County
Anoka
State
Minnesota
Latitude
45.1074736
Longitude
-93.2446687
7680 Highway 65, Fridley, Minnesota

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7680 Highway 65
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