Leased Restaurant
For Sale
$1,695,000
11127 Stillwater N Boulevard, Lake Elmo, MN 55042
The sale includes the land, building, and fixtures, with the existing lease remaining in place.
Property Size2,538 SF
Price / SF$667.85
Days on Market1581
Property Features for 11127 Stillwater N Boulevard
General Information
Standard status
Active
Size
2,538 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$21,902
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker Realty
(651) 430-2100
Listed By:
Joshua Junker
(651) 707-5989
Source:
Exitrealty
Added: Jun 28, 2022
Changed: Oct 22
Last Checked: May 15 at 4:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property is offered with its land, building, and fixtures. Built in 1955, the asset is subject to an existing lease, which remains in place as part of the sale. The property is zoned Business/Commercial.
A separate Stillwater business is also available as part of a package with this Lake Elmo property; the Stillwater offering is for the business only.
A separate Stillwater business is also available as part of a package with this Lake Elmo property; the Stillwater offering is for the business only.
Key Highlights
- Land, building, and fixtures included in the sale
- Existing lease remains in place
- Built in 1955
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 55042, MN
12,044
Population
4,987
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
99%
High-School Grad
24.9 sq mi
ZIP Area
484
Density / Sq Mi
$154,779
Median Household Income
$81,406
Median Earnings
$2,204
Median Rent
$594,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the land, building, and fixtures, with the existing lease remaining in place.
Where is this conventional restaurant located?
The property is located at 11127 Stillwater N Boulevard Lake Elmo, MN.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Land, building, and fixtures included in the sale; Existing lease remains in place; Built in 1955
