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    OFF-MARKET
    Retail properties & Spaces

    4001 University Ave Sev Rd, Columbia Heights, MN 55421

    3,500 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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