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Retail Space in Strip Mall
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500 Jefferson N Highway 510, Champlin, MN 55316

2500 sq ft retail space with front/rear entrances.

Property Size2,500 SF
Lot Size1.45 Acres
Price / SF$1.56
Days on Market900

Property Features for 500 Jefferson N Highway 510

General Information

Standard status Active
Size 2,500 SF
Lot size 1.45 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $18,000

Building Details

Year Built 1966
Listing Agency: Coldwell Banker Realty
Listed By: Ryan Kempenich
Source: Exitrealty
Added: Feb 23, 2024 Changed: Aug 8 Last Checked: Aug 11 at 7:02AM

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

Investment Insights

Based on property information with market context.

This 2500 square foot retail space is a back corner unit located in a strip mall. It features parking available in both the front and rear of the building, providing convenient access for customers and employees. The unit includes both front and back entrances. Inside, there are two bathrooms. The space is offered as a build-to-suit opportunity, allowing for customization to meet specific business needs. Please note that barber shops, event centers, and alcohol sales are not permitted. A 3-year lease is available with an option to extend.

Key Highlights

  • 2500 square feet of customizable space (build to suit).
  • Front and rear entrances for convenient access.
  • Parking available in both front and rear of the building.

Property Analytics

Current Use

Dr. Kurt A. Bender, ... Dental Office Champlin's Best Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Restaurant Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 55316, MN

23,919
Population
8,932
Households
2.7
Avg Household Size
40
Median Age
37%
College-Educated
98%
High-School Grad
8.2 sq mi
ZIP Area
2,917
Density / Sq Mi
$115,719
Median Household Income
$56,798
Median Earnings
$1,597
Median Rent
$338,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - 2500 sq ft retail space with front/rear entrances.
Where is this strip mall located?
The property is located at 500 Jefferson N Highway 510 Champlin, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 2500 square feet of **customizable space (build to suit)**.; Front and rear entrances for convenient access.; Parking available in both front and rear of the building.
More about this property
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