7680 Highway 65 Fridley, MN 55432
- Grocery and convenience stores
- 3,329 SF
- 0.60 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 7680 Highway 65
- Year built
- 1964
- Lot size
- 0.60 lot acres
- Property size
- 3,329 SF
- Property type
- Grocery and convenience stores
- Property subtype
- Gas stations
Description
This exceptional investment opportunity presents a bank-owned, mixed-use commercial property ideally situated on the corner of Hwy 65 and Osborne Road in Fridley, Minnesota. The property encompasses a 3,329 square foot building situated on a 0.6-acre lot. The structure, built in 1964 and renovated in 1991, currently functions as a six-bay auto repair shop, gas station, and convenience store. This one-story building offers significant potential for a variety of uses, capitalizing on its high-traffic location. The asking price is $1,000,000, which includes both the real estate and fixtures, furniture, and equipment (FF&E). The property boasts a compelling 30.75% cap rate, making it an attractive investment for owner-users seeking a strong return on investment. Located in Anoka County, with a Fridley, MN 55432 zip code, this property presents a rare chance to acquire a well-established commercial asset in a thriving North Metro area. The property's size and diverse functionality make it a versatile option for both established businesses and ambitious entrepreneurs. This is a turnkey operation ready for immediate occupancy and income generation. Don't miss this chance to own a piece of Fridley's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fridley
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2446687
- Latitude
- 45.1074736
