a Berkshire Hathaway affiliate

$2,200,000

7820 University Avenue NE, Fridley


7820 University Avenue NE Fridley, MN 55432

For Sale MLS# 5285463

27,000 sq ft Commercial

Data current as of {{getLocalTime('2019-09-20T07:15:36Z')}}

Details

MLS# 5285463

Description for 7820 University Avenue NE, Fridley, MN, 55432


Fully leased, 7 Unit, w/long established tenants, 1 Owner strip mall on HighlyVisible University Ave. CallAgent for extensive breakdown for lease information and expenses.

Listing Information


Property Type: Commercial, Business Opportunity,Retail/Shopping Center

Status: Active

Lot Size: 2.65 Acres

Square Feet: 27,000 sq ft

Year Built: 1986

Foundation: 27,000 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: East Ranch Estates 2nd Add

Builder:

Foundation:

Total Units: 10

Current Use: Beauty/Barber Shop,Restaurant,Business Service,Retail

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Anoka

Days On Market: 22

HERS Score:

Construction Status: Previously Owned

School Information


District: 16 - Spring Lake Park

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Other, No Stairs Internal

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Natural Gas, Forced Air, Electric

Exterior / Lot Features


Parking Spaces: 120

Parking Description: Uncovered/Open

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 2.65

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot

Soil Type:

Tillable Acres:

Driving Directions


North on University Ave to Osborne RD NE, Turn Left on to Osborne RD NE. Immediately Turn Right on to University Service RD NE, Head North to 7820 University AVE NE on your left. From the North, head south on University Ave NE to 79th AVE NE turn Right, 7820 University AVE NE will be on your left.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Fuel

Owner Pays:

Annual Income: $288,444

Annual Expense: $86,378

Ownership Type:

Tax/Property ID: 023024330002

Tax Amount: $52,456

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$2,200,000 Original Price
$2,200,000 Current Price
+$0 Total Change
Date Price Change
8/28/2019 05:09 PM $2,200,000

Sales History

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Schools nearby 7820 University Avenue NE

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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings