3776 Connelly Ave Arden Hills, MN 55112-6936
Property profile & analytics
3776 Connelly Ave Arden Hills, MN 55112-6936
- Commercial real estate
- 10,950 SF
- 2.19 lot acres
Property ID
US46-0992478
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 3776 Connelly Ave
- Year built
- 1956
- Lot size
- 2.19 lot acres
- Property size
- 10,950 SF
- Zone code
- D
- Property type
- Commercial real estate
- APN
- 27-30-23-43-0008
- APU
- 273023430008
Description
This exceptional investment opportunity presents a thriving bingo hall located at 3776 Connelly Ave, Arden Hills, MN 55112. The property, boasting 11,976 square feet on a 2.19-acre lot (APN 27302340008), is zoned B2 - General Business District. Built in 1956 and recently remodeled within the last two years, this turnkey operation is ready for immediate income generation. All furniture and equipment are included in the asking price of $2,700,000. The spacious layout provides ample room for bingo games, parties, and other social gatherings. Abundant parking is available on-site, ensuring convenient access for patrons. This well-established business benefits from a loyal customer base and significant potential for future growth within the vibrant Arden Hills community. The property's prime location and extensive recent renovations make this a truly compelling investment prospect. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The sale includes all existing furniture and equipment, minimizing start-up costs for the new owner. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,530,000
- ML approach
- $1,565,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,070,000
- 6.5%
- $1,910,000
- 7%
- $1,775,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,225,000
- RESTAURANT
- $2,175,000
- MEDICAL BUILDING
- $1,615,000
- OFFICE BUILDING
- $1,110,000
- APARTMENT HOUSE (5+ UNITS)
- $1,025,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Arden Hills
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1559
- Latitude
- 45.0519
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,576
$954,000
$337,100
$1,291,100
-
$954,000
$337,100
$1,291,100
