Property profile

2950 White Bear N Ave Maplewood, MN 55109

OFF-MARKET
Strip malls
Property ID
US46-0537556
32,880 SF 3.01 ac lot Built 1982
Entity Owned 9-yr Hold Free & Clear
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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

Location

2950 White Bear N Ave Maplewood, MN 55109-1310
Maplewood metro Census 42401 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2017
4 recorded transactions
2017
$500
2016
Price N/A
2013
Price N/A
2000
Price N/A

Zoning & alternative use

N · Maplewood, MN

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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