2740 Main St Coon Rapids, MN 55448
- Commercial real estate
- 18,018 SF
- 1.99 lot acres
Current Use by Public Records
- Riverdale Market Building / Shopping Mall
- Riverdale Travel / Airline Ticket Agency / Cruise Agency
- Subway / Caterer / Sandwich Shop
- Verizon Business Services / Business To Business Service
- TL Tailor - Bridal Sewing & Dry Cleaning / Dressmaker / Dry Cleaner
Property Details for 2740 Main St
- Year built
- 2006
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.99 lot acres
- Property size
- 18,018 SF
- Property type
- Commercial real estate
- APN
- 09-31-24-12-0018
- APU
- 93124120018
Description
This exceptional retail opportunity in Coon Rapids, Minnesota, presents 1,557 square feet of vacant space for lease within the Riverdale Market building at 2740 Main St NW, zip code 55448. Located in Anoka County, this property offers multiple tenancy options, ideal for a variety of retail businesses. The entire 1,557 square feet is currently available, providing a blank canvas for your vision. The building's address is situated in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This presents a unique chance to establish a strong presence in a thriving community. The property is classified as commercial retail, offering a versatile space adaptable to various retail concepts. The precise layout and configuration can be tailored to meet the specific needs of the tenant. This location offers a significant advantage for businesses seeking a prominent position in a busy commercial area. The property's size and layout are well-suited for a range of retail uses, from smaller boutiques to larger retail operations. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is located in Coon Rapids, Minnesota, offering easy access to major transportation routes and a strong local customer base. This is a rare opportunity to secure a prime retail space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,450,000
- 6.5%
- $4,485,000
- 7%
- $4,185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,215,000
- Geo Method
- $4,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,695,000
- Retail
- $4,770,000
- Mixed-Use
- $4,220,000
- Hospitality
- $5,310,000
- Educational
- $4,920,000
- Residential Income
- $5,125,000
- Energy
- $5,425,000
- Income-Based Land
- $4,010,000
- Food Service
- $4,895,000
Location Insight
- Map
- Local Demand
- City
- Coon Rapids
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.3366
- Latitude
- 45.1969
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
