Address
3845 Lexington Avenue N # 107 Arden Hills, MN
Price
$ 150,000
Property Attributes
  • ML#5729476
  • TypeCommercial
  • CountyRAMSEY
  • CityArden Hills
  • AreaRoberts Add To Arden Hills
  • Zip55126
  • StyleBusiness
  • Year Built2018
  • Taxes108860
  • Price$ 150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3900
  • Lot Size2.01 Acres
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
NorthstarMLS
Property Description

Great restaurant business opportunity! About 3,900 sqfts of high-end design restaurant with 14 BBQ tables with hoods, booths and tables, a bar with TVs, and a full commercial kitchen with 22 fts kitchen hood, 4 wok burners, 2 fryers, 6 burner stove, a grill, walk-in cooler, walk-in freezer, and other business appliances and equipment. The seller has spent about $700,000 into the build-out of this entire restaurant in 2019. There is also a large storage room. The restaurant has a liquor license. No real estate. Sale excludes inventory. The restaurant serves Asian fusion food and Korean BBQ. Seller is willing to train new owner for one month. Current lease expires on July 2028. Rent is $14,643/mo plus electricity and gas. Seller is selling since he prefers to spend more time in another business. Seller will accept cash and guaranteed installment loan of 50% down and 50% to be paid off in 2 years. Ample shared parking spaces available and easy access to Hwy 694 and Hwy 51.

Price History
3/24/2021 Listed $150,000

General Features

Accessibility None
Construction Materials Brick/Stone
Contingency None
Current Use Restaurant
Heating Forced Air
High School District Mounds View
Lender Owned No
Parking Features Open
Property SubType Business
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 108860
Total Units 1
Zoning Description Business/Commercial

Exterior Features

Foundationarea 3900
Lot Size Area 2.01
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55126

Price
AVG $50K
$150K
Taxes
AVG $68,934
$108,860
Visits
AVG 52
22
Year Built
AVG 1996
2018
Walkscore
AVG 57
49
Data Provided by Walkscore ® not using MLS data

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