Spring Lake Park, MN 55432,8355 University AVE NE
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Spring Lake Park, MN 55432,8355 University AVE NE
Spring Lake Park, MN 55432,8355 University AVE NE

$500,000

Est. payment /mo

$575,000

13.0%
Est.Price: ?

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8355 University AVE NE Spring Lake Park, MN 55432

1.29 Acres Lot

SOLD DATE : 06/20/2019

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Terrace Manor 4Th Add

MLS Listing ID 5195772

Sold Date 06/20/19

Year Built 1970

Annual Tax Amount $6,681

Tax Year 2018

Contingent None

Lot Size 1.290 Acres

Acres 1.29

Lot Dimensions irregular

Property Description

Great standalone restaurant/retail bldg w/excellent University Ave NE exposure. ?Brand new large outdoor seating patio area in front of building. Excellent street access w/ 2 total curb cuts w/extra parking lot in back. Extensive, large, and intact kitchen w/a lot of equipment included. ?(2) walk in coolers (beer & food) and (1) walk in freezer included. Fountain drink system in place & (2) new HVAC units. Located in vibrant trade area along University Ave NE near Northtown Mall. Former Timber Lodge restaurant facility. Regulatory licensing in place for full service restaurant with liquor. Large main bar area ready to be finished, infrastructure in place, side bar already finished & ready to go. The building has ADA compliant restrooms in place along w/a convenient side entry/lobby area w/storefront glass door vestibule.

Location

State MN

County Anoka

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Present Use Commercial, Event Space, Food Service, Restaurant

Building

Foundation 6564

Sewer City Sewer - In Street

Water City Water - In Street

Structure Type Wood Siding

Schools

School District Spring Lake Park

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Listed by Peter Kordonowy • Summerhill Commercial Real

Amber Hartman

Advisor | License ID: 40446698

+1(612) 701-0209

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