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The listing is 23.91% (Fractional Ownership) in 300 apartment units that are professionally managed. These are income based units accepting section 8 and HRA. The units have 3 campuses located in St. Cloud, Little Falls, and Milaca. See Supplements for more information.
7.25%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! The buildings are ready for an easy transition to a new owner.
All units currently rented, with an average rent over $1100 and room for increased rents to meet market rate. 5 of the 10 units have been remodeled since owner took over 18 months ago. Property has been stabilized with all tenants current. All units are 4BR 2Bath units. Roof has architectural shingles, building has vinyl windows; coin op laundry is included in purchase. Large parking lot for all tenants.
KLN Storage is a Mixed-Use Investment Offering, consisting of two fully leased Office & Warehouse Buildings totaling approximately 7,000 total square feet on a 1.5 acre parcel.Building #1 - A stand-alone, single-story office and warehouse building totaling approx. 2,500+/- square feet with ample paved parking. Wood framed with metal exterior. The building consists of office and reception areas with warehouse/servicing area. Building is currently 100% leased to an IT Service provider who has been leasing at the location for over 20 years. Building #2 - A stand-alone, single-story 4,400+/-SF Warehouse building/Storage facility with an emphasis on the much-desired larger storage units, consisting of 14' OH doors with 44'+ in length, ideal for RVs, Boats and large Trailers. Currently consisting of 10 Indoor spaces and 33 Outdoor spaces. This section is secured with Chain Link Fencing, enhanced LED Lighting and a Video Surveillance System.
RARE OPPORTUNITY! NESTLED ON OVER 485FT OF SHORELINE ON POPULAR GRAND LAKE.... THIS TURNKEY RESTAURANT/BAR HAS ENDLESS POSSIBILITIES OR OPEN THE WAY IT IS... THE PROPERTY HAS BEEN A STAPLE IN THE AREA FOR MANY YEARS AND MOST RECENTLY THE "GRAND LAKE GRILL". CURRENT OWNER HAS COMPLETLY REMODELED AND HAS PROPERTY READY AS A TURNKEY OPPERATION....FROM THE NEW KITCHEN, HVAC SYSTEM, 4 BATHS, BAR, FLOORING, WELL, OUTDOOR FENCED IN ENTERTAINMENT AREA RIGHT ON THE SHORE, NUMEROUS DECKS, OUTSIDE BAR, HUGE DOCK SYSTEM JUST TO NAME A FEW UPDATES...AMPLE PARKING AND CUTE GUEST CABIN THAT YOU CAN DANGLE YOUR TOES IN THE WATER FROM MAKE THIS A MUST SEE PROPERTY. CALL FOR MORE DETAILS!
Corner lot with good traffic count, large parking area for display. Pylon Signage on site.
Great Opportunity for an Investor. This property is in a Corporate Lease with Hardee's Restaurants LLC (CKE Restaurant Holdings, Inc.) as the Leasee under the lease, providing for a strong lease guarantor. Absolute NNN Lease - The tenant is responsible for all expenses, therefore no landlord responsibilities and giving the investor a passive income. Fantastic location just off I-94 located on Hwy 71 & 28.
1.81 acres on high traffic location on Hwy 10 in Randall. Building is 56x36, and was a well established restaurant. Land, building, business, and fixtures included in the sale. Truly a turn-key opportunity. Commercial kitchen. Other possible uses include a bar, or a daycare. Building was built in 2007, and is well maintained.
Well known Restaurant across from the gates of Camp Ripley training facilities, been around and open since mid 1930's. Turnkey Restaurant/Bar/Lounge with a 30x17 screened in patio to enjoy the summer days and evening with family and friends. The building has over 4300+ sq ft with a large bar, kitchen and dining areas with plenty of work space for bartenders, waitstaff and cooks! Large 2.21 acres tree covered lot, offers sand volleyball courts, and horse shoes rings, lots of parking and more.
Ready to own a successful retail operation with years of established business behind it? Building, land, inventory can all be included with books to back it up. Front showroom band storage area built in 1939 measures 40x77 (3,080 sq ft) plus an attached heated 40 x 60 building for repairs. Outside there is a newer 45x80 building with concrete slab that is not heated as well as an older concrete block/slab storage building measuring 28x94. Buyer would need to apply for renewed contracts with the suppliers (Stihl, Simplicity, Frigidaire/ and Whirlpool). Newer furnace and AC for the offices & show room building. Don't miss this opportunity to own your own business!
Excellent opportunity to acquire this popular, well established business located on high traffic Highway 25. Building addition in 2019, added a new kitchen which has expanded the clientele base for eat in and take out customers. The old world charm of this bar draws folks from near and far! Turn key opportunity includes the real estate & trade fixtures/equipment. Inventory to be purchased at time of sale.
Wonderful opportunity to purchase a long standing business in Freedhem MN, a local general store with over 100 years of history. This great location services the local community with fuel, groceries, feed for the farmers, bird seed, candy, hardware and more. It is even equipped to serve cooked frozen pizzas! If you are looking to carry on the tradition, or start a new venture in this quaint town be sure to check out this well maintained building and the surrounding acreage.
347 Glen St. in Foley MN brings a rare opportunity to step into a well maintained food grade building with a 32' clear height in the warehouse, heavy power, high visibility, and 6 dock height doors. The property was until recently a fully operational food packaging and processing facility. The site still has some equipment including air compressors, pallet racking, chillers, etc.
EASY, EASY, EASY! These days we are all looking for more storage and this has got to be the most hassle-free, maintenance-free way to have additional storage in the area! Enjoy the ease of the association maintaining the grounds around your new 36' x 48' shed with 16' sidewalls, 20' x 14' overhead door, separate service door, full concrete floor, keyless entry, and installed electric. Call today to schedule a viewing and take advantage of this opportunity while it's available!
Incredible opportunity! Situated at the intersection of highways 55 and 23, this exceptional property offers visibility and accessibility for your business venture. Whether you're looking to launch a new venture or expand your existing business, this property provides the ideal platform. The meticulous care that has gone into this property will make for an easy transition for its next owner. With ample parking and a good amount of green space, there is also plenty of room to grow. Jump on this opportunity today!
Commercial opportunity on corner lot in downtown Foley. Previously operated as a bar, some fixtures remain: bar, stainless steel sinks, walk-in cooler ,etc. Operate your business on main floor, and live upstairs in 2 bedroom apartment. Approximately 1300 square feet. Or, rent apartment to improve cash flow. Approximately 6 off street parking spaces.
Building consists of 9,600 total square feet - divided equally between upper and lower-level areas. The property previously underwent substantial renovations by the prior ownership. Seating Capacity of 170 on main floor, plus 32 at Main Bar, an Event Center with Bar in basement has the capacity of over 300 seats, and an outdoor patio with separate Bar can accommodate over 100 seats. Most equipment is newer and still in place, including three Walk In Coolers, Freezer, SS Kitchen Components, Deep Fryers, 15 foot hood/Ansul system, range, deep fryers, tables and chairs and much more. Additional amenities include a Dumb Waiter between floors, Sound System, Alarm System with Video Surveillance, Pull Tab Station, ATM System, newer boiler heating system, and new outdoor patio space. This offering represents a turnkey opportunity, where a new operator can quickly start up business upon approval of liquor and food licensing.
Andy's Hometown Tavern is the perfect opportunity to run your own Tavern/with a full kitchen. Outside Patio for events, Pool & Darts, Room for a Band, & Gaming. Possibilities are endless in this turn key operation.
**Offers ONLY from local non-profits and public agencies the first 60 days - after 60 days this opens to regional and national non-profit organizations** Nestled within the tranquil embrace of Eden Valley sits an inviting 8-unit apartment building, each unit a cozy haven with a singular bedroom. A dedicated laundry facility, ensuring the ease of everyday chores and a welcoming community room for residents to gather. USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan notice interest rate to one percent. This institution is an equal opportunity provider. "Equal Housing Opportunity" USDA, Rural Development.
Incredible business opportunity in central MN. This well-established nationwide welding and manufacturing business has been able to grow year after year. The sale will include the entire business, buildings, equipment, inventory, and two tax parcels. The first parcel includes a 50x150 pole building of wood /steel construction, built in 1994. This building consists of 660 SF of office space and 16' side walls in the factory area only. There is an addition built in 2010 that is 80x120 and constructed of all steel with 21' side walls. In total this building has 17,100 SF of workable space. Other features of this building include 5 loading doors, tubular heat in the factory, forced air/ac in office space, 480 3-phase electric & 208/220 3-phase electric. The second parcel has two buildings with an additional 12,000 SF. The south building has 220 3-phase electric and the north building has 220 single-phase electric. Overall this property is an opportunity to expand or start your business!
Family owned business for 20+ years, selling due to retirement. This is a turn key business, with business booked into 2025. Financial available upon request. Loyal customer base. Owners will stay on through transition. Previews by appointment only