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    Property profile & analytics
    OFF-MARKET Estimated value $715,000
    Strip malls

    2950 White Bear N Ave, Maplewood, MN 55109-1310

    32,880 SF 3.01 ac lot Built 1982
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US46-0537556
    Property summary
    AI-generated overview

    This exceptional opportunity presents a chance to acquire a well-established liquor store situated at 2950 White Bear Avenue N in Maplewood, Minnesota. The property boasts a prime location within a high-traffic area, ensuring consistent customer flow and strong sales potential. Spanning 1,400 square feet, the store is ideally sized for efficient operations and ample inventory storage. The substantial 3.01-acre lot offers significant expansion possibilities, allowing for future growth and development. The asking price for this turnkey business is $850,000. This represents a rare chance to invest in a proven, profitable enterprise in a desirable Maplewood location. The property's strategic placement guarantees high visibility and accessibility, attracting a diverse customer base. Serious inquiries are encouraged to schedule a viewing and explore this lucrative investment opportunity. Financial records are available upon request, providing detailed insights into the store's performance and profitability. Don't miss this chance to own a thriving business in a prime Maplewood location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1982
    Total area 32,880 SF
    Lot 3.01 ac (131,116 SF)
    Zoning code N
    APN 02-29-22-24-0003
    UPID US46-0537556
    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
    AI Approach AI
    $660k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $772k
    Blend (final) Blend
    $715k
    Owner & transaction history
    Voran108 Prop LLC · 9 yrs held
    Voran108 Prop LLC
    since 2017
    4 recorded transactions
    2017
    $500
    2016
    2013
    2000
    Zoning & alternative use
    N · Maplewood, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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