4001 University Ave Sev Rd Columbia Heights, MN 55421
- Retail properties
- 3,500 SF
Current Use by Public Records
- Retail properties
Property Details for 4001 University Ave Sev Rd
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia Heights
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2625
- Latitude
- 45.0413
