Map of Property

3050 Coon Rapids Blvd NW

For Sale

3050 Coon Rapids Blvd NW, Coon Rapids, MN 55433

This Coon Rapids property for sale is located at 3050 Coon Rapids Blvd NW. The current listed sale price for 3050 Coon Rapids Blvd NW is $2,600,000. 3050 Coon Rapids Blvd NW is situated on a lot that is 1.8 acre in size.

Contacts

broker
Rustam Muharamov

Pybe

Property Details

  • Property Type Retail - Street Retail
  • Property Size 31,500 SF
  • Units 10
  • Lot Size 1.8 Acre
  • Parking Spaces Avail. 92
  • Parking Ratio 2.92 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Year Renovated 2021
  • Date Updated Aug 16, 2025
Coon Rapids, Minnesota – Located just north of Minneapolis, Coon Rapids offers a perfect blend of suburban comfort and urban convenience. The city features excellent schools, diverse shopping and dining, beautiful parks, and easy access to major highways and transit. With a strong community atmosphere and steady growth, Coon Rapids is an attractive choice for families, professionals, and investors alike.This large multi-tenant commercial building presents a compelling investment opportunity, particularly for buyers seeking value-add potential with built-in stability. The property benefits from zoning that allows for both automotive and office warehouse uses through a Conditional Use Permit (CUP), which greatly expands the scope of allowable tenants and maximizes long-term leasing flexibility. Currently, the building is leased at below-market rental rates, leaving significant room for future income upside as leases turn over or are renegotiated. The tenant base is composed of a solid mix of occupants from various industries, providing diversification and reducing the risk associated with vacancy or market shifts. In addition to its favorable zoning and tenant structure, the property has recently undergone major renovations totaling approximately $750,000. These capital improvements were completed by the current ownership and address many of the typical deferred maintenance items, positioning the building for reduced operational costs in the near term and increased attractiveness to new tenants. Overall, this asset combines strong fundamentals with meaningful upside potential, making it an ideal candidate for investors seeking both stability and growth in a well-located commercial property.
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Highlights

  • Large multi-tenant commercial building
  • Low rental rates through out the building with room for future Income Upside
  • Major renovations completed recently by the owners, around 750k spent
  • Solid tenants with good mixture of uses
  • Zoning allows Automotive & Office Warehouse uses through CUP

Getting around

  • 61/100

    Walk Score ®

  • 25/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Coon Rapids, MN
  • Zip Code 55433
  • Market Minneapolis St Paul

Points of Interest

  • Fridley

    7.43 miles

  • Speedway

    0.20 miles

  • Minnoco

    1.41 miles

  • Bill's Superette

    1.47 miles

  • Costco Gasoline

    1.89 miles

  • Anoka Gas Stop

    1.97 miles

  • Marathon

    2.09 miles

  • Mobil

    2.53 miles

  • West River Rd & 117th Ave

    0.77 miles

  • Riverdale

    1.25 miles

  • Coon Rapids-Riverdale Station

    1.33 miles

  • Anoka Municipal Ramp

    2.82 miles

  • Richardson Park

    2.92 miles

  • 7th Avenue & Garfield

    3.22 miles

  • Hwy 610 and Noble Park and Ride

    3.25 miles

  • Hwy 610 & Noble Park and Ride

    3.25 miles

  • Foley Blvd

    3.56 miles

  • Zachary Square Park & Ride

    4.94 miles

  • McDonald's

    0.12 miles

  • Arby's

    0.30 miles

  • New Mandarin Restaurant

    0.37 miles

  • Subway

    1.17 miles

  • Chipotle

    1.32 miles

  • Burger King

    1.40 miles

  • El Loro Mexican

    1.46 miles

  • Texas Roadhouse

    1.66 miles

  • El Toro's

    1.66 miles

  • Taco Bell

    1.69 miles

  • Harvest African Market

    0.55 miles

  • Cub Foods

    1.35 miles

  • Target

    1.53 miles

  • ALDI

    2.32 miles

  • Walmart

    2.52 miles

  • 12 Bridge Square

    2.82 miles

  • Red Barn

    3.28 miles

  • Hy-Vee

    3.32 miles

  • Walmart Supercenter

    3.69 miles

  • Northtown Mall

    5.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rustam Muharamov

Pybe

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