7429 River RdFridley, MN 55432

Property Details for 7429 River Rd

Year built

1966

Construction

WOOD FRAME

Lot size

0.80 AC

Property size (Sq ft)

3,448 SF

Property type

Commercial real estate

APN

10-30-24-14-0015

APU

103024140015

Description

This exceptional turnkey restaurant opportunity is located at 7429 E River Road, Fridley, MN 55432. The property boasts 3,400 square feet of space situated on a 0.83-acre lot, providing ample room for both dining and operational areas. Built in 1966, the building is classified as Class C and is zoned C-1, allowing for a variety of permitted uses. The asking price is $895,000, translating to $263.24 per square foot. This represents a strong investment opportunity in a well-established location within Anoka County. The property's prime location ensures high visibility and accessibility, making it an ideal setting for a thriving restaurant business. The single-unit building offers a convenient and efficient layout, perfect for an owner-operator seeking a profitable venture. This is a rare chance to acquire a well-positioned restaurant property in a desirable Minnesota market. The property's size and zoning provide flexibility for potential expansion or adaptation to suit various culinary concepts. Serious inquiries are encouraged to explore this promising investment prospect further.

• Alternative Use

  Use

  Valuation

  Residential

  $725,609

  Hospitality

  $664,654

  Educational

  $552,984

  Medical

  $572,002

  Retail

  $860,198

Location Insight

City

Fridley

County

Anoka

State

Minnesota

Latitude

45.103

Longitude

-93.2712

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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