Multi-Tenant Commercial Building
3050 Coon Rapids Boulevard NW, Coon Rapids, MN 55433
New
- Added:
- May 19, 2026
- Days on Market:
- 2
- Last Refresh:
- May 20 at 2:06 am
Property Features for 3050 Coon Rapids Boulevard NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial
- Parking features
- Parking Lot
- Exterior features
- Other
- Standard status
- Active
- APN
- 163124320007
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 24093
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1978
- Roof type
- Metal
- Architectural style
- Other
Listing agent Rustam Muharamov (612) 444-3333
Listing office Keller Williams Integrity Realty 2680 Snelling Ave., Roseville, MN (651) 203-1700
Listing date May 19, 2026
MLS# 7076932
Listing URL
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant income upside potential due to below‑market rental rates.
- Recent $750,000 renovation reduces operational costs and increases tenant appeal.
- Zoning allows for automotive and office warehouse uses via a Conditional Use Permit (CUP), maximizing leasing flexibility.
- Diversified tenant base reduces vacancy and market shift risks.
- Solid mix of tenants from various industries.
- Well‑located commercial property with strong fundamentals.
Overview
This large multi-tenant commercial building in Coon Rapids, MN, presents an investment opportunity for buyers seeking value-add potential with built-in stability. The property benefits from zoning that allows for both automotive and office warehouse uses through a Conditional Use Permit (CUP), which expands the scope of allowable tenants and maximizes long-term leasing flexibility. The tenant base is composed of a mix of occupants from various industries, providing diversification and reducing the risk associated with vacancy or market shifts. The property has recently undergone major renovations totaling approximately $750,000. These capital improvements were completed by the current ownership and address many of the typical deferred maintenance items, positioning the building for reduced operational costs in the near term and increased attractiveness to new tenants. The property sits on a 1.8-acre lot. Currently, the building is leased at below-market rental rates, leaving room for future income upside as leases turn over or are renegotiated. This asset combines fundamentals with upside potential, making it an ideal candidate for investors seeking both stability and growth in a well-located commercial property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Coon Rapids
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.3161
- Latitude
- 45.1622
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Value-add potential with built-in stability in Coon Rapids, MN.
Where is this mixed-use property located?
The property is located at 3050 Coon Rapids Boulevard NW Coon Rapids, MN.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Significant income upside potential due to below‑market rental rates.; Recent $750,000 renovation reduces operational costs and increases tenant appeal.; Zoning allows for automotive and office warehouse uses via a Conditional Use Permit (CUP), maximizing leasing flexibility.
