8200 Lakeland AveMinneapolis, MN 55445

  • Commercial real estate
  • 0.86 AC
For Sale

Property Details for 8200 Lakeland Ave

Year built
2009
Construction
WOOD
Lot size
0.86 AC
Property type
Commercial real estate
APN
19-119-21-13-0006
APU
1911921130006

Description

This exceptional 2,787 square foot restaurant space in Minneapolis, MN, presents a unique investment opportunity. Located at 8200 Lakeland Ave N, this single-story, 2009-built property boasts a recently renovated (2023) commercial kitchen featuring state-of-the-art equipment, including a 30-foot hood, a 25-foot walk-in refrigerator, and a 25-foot walk-in freezer. The spacious layout offers optimal workflow, easily adaptable for various culinary concepts. Situated on a 0.86-acre lot in Hennepin County, this high-visibility location on CR-81 provides excellent traffic exposure. Ample parking caters to both customers and deliveries. A prominent pylon signage opportunity further enhances visibility and branding potential. The property's current occupancy is 12.06%. This turnkey restaurant is ready for immediate operation, offering a seamless transition for new owners. Don't miss this chance to acquire a well-equipped, strategically located restaurant in a thriving Minneapolis neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,883,633
    Hospitality
    $7,221,366
    Educational
    $6,008,092
    Medical
    $6,214,719
    Retail
    $9,345,920
8200 Lakeland Ave, Minneapolis, Minnesota

Location Insight

City
Brooklyn Park
County
Hennepin
State
Minnesota
Latitude
45.1039
Longitude
-93.3897
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
$16,802
$356,300
$219,700
$576,000
-
$356,300
$219,700
$576,000

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