$2,600,000
3050 Coon Rapids Boulevard NW Coon Rapids, MN 55433
For Sale MLS# 6767111
31,500 sq ft Commercial
Details for 3050 Coon Rapids Boulevard NW
MLS# 6767111
Description for 3050 Coon Rapids Boulevard NW, Coon Rapids, MN, 55433
This large multi-tenant commercial building presents a compellinginvestment opportunity, particularly for buyers seeking value-addpotential with built-in stability. The property benefits from zoning thatallows for both automotive and o?ice warehouse uses through aConditional Use Permit (CUP), which greatly expands the scope ofallowable tenants and maximizes long-term leasing flexibility.Currently, the building is leased at below-market rental rates, leavingsignificant room for future income upside as leases turn over or arerenegotiated. The tenant base is composed of a solid mix of occupantsfrom various industries, providing diversification and reducing the riskassociated with vacancy or market shifts.In addition to its favorable zoning and tenant structure, the propertyhas recently undergone major renovations totaling approximately$750,000. These capital improvements were completed by the currentownership and address many of the typical deferred maintenanceitems, positioning the building for reduced operational costs in the nearterm and increased attractiveness to new tenants.Overall, this asset combines strong fundamentals with meaningfulupside potential, making it an ideal candidate for investors seekingboth stability and growth in a well-located commercial property.
Listing Information
Property Type: Commercial, Other
Status: Active
Lot Size: 1.80 Acres
Square Feet: 31,500 sq ft
Year Built: 1978
Foundation: 31,500 sq ft
Stories: 1 Story
Subdivision: Auditors Sub 74
Number Of Units Total: 10
Current Use: Automobile Service,Business Service,Commercial,Industrial,Professional Service,Retail,Warehouse
County: Anoka
Days On Market: 130
Construction Status: Previously Owned
School Information
District: 11 - Anoka-Hennepin
Interior Features
Accessibility: Other
Utilities
Water: City Water - In Street
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Open Parking: 92
Parking Description: Parking Lot, Garage Door Height - 14, Garage Door Width - 8
Exterior: Other
Roof: Metal, Age Over 8 Years
Lot Dimensions: x
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Land,Leases
Driving Directions
Coon Rapids Blvd & 111th Street
Financial Considerations
Tax/Property ID: 163124320007
Tax Amount: 24093
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Financially Free, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3050 Coon Rapids Boulevard NW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3050 Coon Rapids Boulevard NW
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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