Pending
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Pending

$650,000

0 Beds 0 Baths 2,586 SQFT 0.50 Acres
Type: Pending

7105 Highway 10 NW
Anoka, MN 55303

MLS#: 7038441
Hannah Gibson
Hannah Gibson
The Real Estate Advantage
Phone: 763.245.6571
Office: 763.682.3030
Presented by: Keller Williams Classic Rlty NW

Property Description

 

Auto dealership and repair shop for sale! This is an Investment or owner user opportunity. This highly visible 2,586 SF commercial building is located directly on Highway 10. Zoned B-2 this property has a wide range of commercial and auto uses. Currently the property is perfectly configured for an auto service and sales operation. The tenants are open to staying, or a new owner could occupy the building. The functional layout includes four total drive-in doors, 15’ clear height, and a welcoming lobby and sales office area. The shop and dealership are currently separate and could continue to run as two businesses or could be combined. The shop itself offers exceptional flexibility with a large two-bay area accessed by two 12 ft. overhead doors, a separate service bay with a 14 ft. door, and a dedicated dealership bay with a 10 ft. door. The property has seen recent investment, including interior renovation in 2023 with new paint and flooring, brand new heaters, a new fluid station, an updated bathroom, and a mezzanine break room. Exterior improvements include a full building repainting and recent parking lot repairs with new asphalt and striping completed to city standards. The lot holds around 35-40 cars. The city has approved 25-27 vehicles on the lot for sales. Convenient access via a new service road, this property offers an excellent presence on a major commercial corridor.


 

Interior Features

Other Interior Features

Basement (Y/N)No
Ceiling Height11-15
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityRamsey
ContingencyNone
CountyAnoka
Current UseAutomobile Service, Commercial, Retail
DirectionsFrom highway 10, take Ramsey Blvd exit, turn right onto the round about, property is on the left.
Garage Spaces4
Gross Income72000
HeatingForced Air
High School DistrictAnoka-Hennepin
Insurance Expense2609
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
MaintenanceExpense5000
Net Operating Income56106.16
New ConstructionNo
Number Of Units Total2
Operating Expense15893.84
Pool FeaturesNone
Possible UseRetail, Service Station, Shop, Warehouse, Income
PostalCityAnoka
Property TypeCommercial Sale
RoofArchitectural Shingle
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameAuditors Sub 31
Tax Annual Amount$8,285
Tax Year2026
UtilitiesElectric Common, Heating Common
Year Built1997
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total2,586 sqft
Foundation Area2,586 sqft
InclusionsBuilding, Fixture/Equipment, Land, Leases
Lot Dimensions147x148x147x148
Lot Size Area0 sqft
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$650,000

0 Beds 0 Baths 2,586 SQFT 0.50 Acres
Type: Pending

7105 Highway 10 NW
Anoka, MN 55303

MLS#: 7038441
Hannah Gibson
Hannah Gibson
The Real Estate Advantage
Phone: 763.245.6571
Office: 763.682.3030