398 Northtown Dr Blaine, MN 55434
This 200-square-foot commercial kitchen space, located at 398 Northtown Dr, Blaine, MN 55434 in Anoka County, presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property, this retail/restaurant space is currently vacant and ready for immediate occupancy. The property is ideal for a variety of food-related businesses, including startups, personal chefs, catering companies, food trucks, single-location operators, and expanding national chains. Its compact size makes it an efficient and cost-effective solution for those seeking to minimize overhead. The kitchen is designed as a turnkey operation, allowing for a quick and affordable business launch. This location offers significant potential for growth within a high-demand delivery market. The property's multiple tenancy designation suggests flexibility in lease terms and potential for shared services. The address is conveniently situated in Blaine, Minnesota, providing easy access to transportation routes and a substantial customer base. This is an exceptional opportunity to establish or expand a food-based business with minimal upfront investment and maximum potential for return. The space is perfect for those seeking a ghost kitchen setup, allowing for efficient operations and streamlined delivery services.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.