Property profile

398 Northtown Dr Blaine, MN 55434

OFF-MARKET
Retail properties & Spaces
200 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

398 Northtown Dr Blaine, MN 55434
Blaine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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