Auto Dealership & Repair Shop For Sale | Investment or Owner-User Opportunity | Highway 10 Frontage
$700,000
7105 U.S. 10, Ramsey, MN 55303
7.5
Cap Rate
52,506.16
NOI
Details:
Description:
Auto Dealership & Repair Shop For Sale
Investment or Owner-User Opportunity | Highway 10 Frontage
Highly visible 2,586 SF commercial building on a major corridor. It’s currently set up for auto sales and service, and the tenants are open to staying.
Property Highlights
-2,586 SF building directly on Highway 10
-Zoned B-2, allowing a wide range of commercial and auto uses
-Four drive-in doors and 15' clear height
-Lobby and sales office area
-Shop and dealership run separately; they can stay as two businesses or be combined
Shop Layout
-Large two-bay area with two 12' overhead doors
-Separate service bay with a 14' door
-Dedicated dealership bay with a 10' door
Recent Interior Updates (2023)
-New paint and flooring
-New heaters
-New fluid station
-Updated bathroom
-Mezzanine break room
Exterior & Site
-Full building repaint
-New asphalt and striping, completed to city standards
-Parking for 35–40 vehicles
-City-approved for 25–27 vehicles for sales
-Convenient access via a new service road
Introducing an exceptional Owner/user or investment opportunity in the heart of Ramsey, MN! Situated within easy reach of the Minneapolis St Paul Metro market, the location offers high visibility and convenient access to a wealth of nearby amenities and attractions. Surrounded by a flourishing residential and commercial landscape, the area presents an ideal setting for auto uses. With its prime position and vibrant surroundings, the property embodies the location for a prosperous owner occupant or investment in the thriving Ramsey, MN locale.
Documents:
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Location
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