Property profile

4001 University Ave Sev Rd Columbia Heights, MN 55421

OFF-MARKET
Retail properties & Spaces
3,500 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully operational, Class A Middle Eastern restaurant in Columbia Heights, Minnesota. Located at 4001 University Av Sev Rd, 55421, this single-tenant property boasts 3,500 square feet of space, including a substantial patio area. The asking price is $1,650,000, translating to $471.43 per square foot. The property includes the building, land (comprising three city lots), all restaurant equipment, and existing business assets, including goodwill. The current owner invested over $1,350,000 in the recent construction of the property and establishment of the business. This turnkey operation offers immediate income potential and a strong foundation for continued success. The property is situated in Anoka County, within the vibrant Columbia Heights community. This is a rare opportunity to acquire a well-established, high-performing restaurant with significant upside potential. The sale includes everything needed to seamlessly continue operations.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,500 SF

Cap rate & NOI

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

Location

4001 University Ave Sev Rd Columbia Heights, MN 55421
Columbia Heights metro
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Value estimations

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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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