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Active
Listed
$850,000
/mo   Edit
MLS# 5290439
Commercial
Built 1978
1.32 acres
Anoka-Hennepin schools
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    Description:   Long term leased tenant, with established business on Highly Visible Highway 10 in Ramsey, with direct access from Highway 10 from the North. 6, 190 Warehouse storage and 3, 590 office/retail. Additional 1, 000 sq ft out building on property currently used for storage.
    List Price: $850,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1978
    City: Ramsey
    Zip Code: 55303

    Interior

    Building Fin Sq Ft: 9,788 ft²

    Exterior

    Heating System: Forced Air
    Foundation Size: 9,788 ft²
    Handicap Accessible: Wheelchair Ramp
    Exterior Material: Brick/Stone
    Garage Spaces: 3
    Other Parking Spaces: 18

    Lot

    Acres: 1.32
    Lot Description: Corner Lot
    Latitude: 45.22159300
    Longitude: -93.43626400
    Lot Size Dim.: 1.320
    Dev/Complex Name: Riverside West
    Zoning: Business/Commercial

    Schools

    School District: 11 - Anoka-Hennepin
    District Phone: 763-506-1000

    Expenses

    Annual Gross Expense: $22,391
    Owner Expenses: Taxes
    Tenant Expenses: Water/Sewer, Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $17,865
    Assessment Pending: No
    Taxes w/ Assessments: $17,865

    Income

    Annual Gross Income: 90949.92

    Rent

    Annual Net Income: $68,559

    Unit

    Total Units: 2

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate
    Water System: City Water/Connected

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    763-270-4336

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