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1901 Cliff Road E
Burnsville MN 55337 US

$1,500,000

Active Listing ID 5726649
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Built in 1973
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Lot: 9.00 acre
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Other

$1,500,000

Active Listing ID 5726649
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1901 Cliff Road E Highly profitable business opportunity sale includes sales from the grocery store (6, 000 sqfts), restaurant (2, 500 sqfts) and the seller to guarantee buyer in paying $10, 000/mo in rent. The warehouse is 2, 000 sqfts. Total of 10, 500 sqfts of grocery, bakery, restaurant, and warehouse. No real estate. Owner has invested about $1M into the build-out. Sale includes appliances, equipment, furniture, 2 walk-in coolers, 2 walk-in freezers, multiple freezers and coolers, shelves, a commercial Nissan NV250 working van, a floor cleaning machine, an inventory lifting vehicle and other items that come with the business. Exclude inventory. The seller is confident the buyer will get his investment back in about 2 years. The rent is $10, 500/mo plus electricity and gas. The lease expires in 8 years plus a 10-year option with a .50 increase per sqfts per year. Ample parking and great location by Hwy 13 E. Seller is selling only because he is busy with other businesses.

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Property Features

  • Facts
  • Built in: 1973
  • Lot Size: 9.00 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick, Stone
  • Parking Type: Covered, Open
  • Roof Type: Unknown
  • Heating Systems: Forced Air
Listing Changed: 11/20/2021 2:42:02 AM GMT
Source Updated Date: 11/26/2021 6:30:13 AM GMT

Courtesy of: Yu Jie Chen, RE/MAX Results

Listing Source - ListHub

Copyright © 2021 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.