3050 Coon Rapids Boulevard NW,Coon Rapids, MN 55433
Coon Rapids, MN 55433
Description
This large multi-tenant commercial building presents a compellinginvestment opportunity, particularly for buyers seeking value-addpotential with built-in stability. The property benefits from zoning thatallows for both automotive and o?ice warehouse uses through aConditional Use Permit (CUP), which greatly expands the scope ofallowable tenants and maximizes long-term leasing flexibility.Currently, the building is leased at below-market rental rates, leavingsignificant room for future income upside as leases turn over or arerenegotiated. The tenant base is composed of a solid mix of occupantsfrom various industries, providing diversification and reducing the riskassociated with vacancy or market shifts.In addition to its favorable zoning and tenant structure, the propertyhas recently undergone major renovations totaling approximately$750,000. These capital improvements were completed by the currentownership and address many of the typical deferred maintenanceitems, positioning the building for reduced operational costs in the nearterm and increased attractiveness to new tenants.Overall, this asset combines strong fundamentals with meaningfulupside potential, making it an ideal candidate for investors seekingboth stability and growth in a well-located commercial property.
Details
| MLS # | 7076932 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 131 |
| Listing Provided By | Keller Williams Integrity Realty | Rustam Muharamov |
Features
| SQ Feet | 31,500 |
|---|---|
| Story(s) | 1 |
| Units | 10 |
| Zoning | Business/Commercial |
| Acreage | 1.80 |
Interior
| Heating | Forced Air |
|---|
Exterior
| Roof | Age Over 8 Years, Metal |
|---|
Parking
| Parking Features | Parking Lot |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate |
|---|
Taxes
| Property | 24093 |
|---|
Area Information
| State | MN |
|---|---|
| County | Anoka |
| City | Coon Rapids |
| Zip Code | 55433 |
| Community Name | Auditors Sub 74 |
| School District | 11 |
| High School | Anoka-Hennepin |
| Listing VS Median (in Auditors Sub 74) | |
Price: $2,600,000 low | high Med: $1,625,000 sqft: 31,500 low | high Med: 18,200 $ / sqft: $83 low | high Med: $108 On site: 131 low | high Med: 96 | |
Market Activity 55433
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 27, 2026 at 7:50:09 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
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Learn More About This Property
| State | MN |
|---|---|
| County | Anoka |
| City | Coon Rapids |
| Zip Code | 55433 |
| Community Name | Auditors Sub 74 |
| School District | 11 |
| High School | Anoka-Hennepin |
| Listing VS Median (in Auditors Sub 74) | |
Price: $2,600,000 low | high Med: $1,625,000 sqft: 31,500 low | high Med: 18,200 $ / sqft: $83 low | high Med: $108 On site: 131 low | high Med: 96 | |
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
