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Highland Bank 701 SE Central Ave E

8,700 SF Retail Building Saint Michael, MN 55376 £1,525,778 (£175/SF)

Investment Highlights

  • Traffic counts average 19,400 vehicles per day in front of the property on Central Ave E
  • Drive thru opportunity
  • Located in the main trade area of St. Michael
  • Area retailers include Cub Foods, CVS, Walgreens, Subway, Domino’s, O’Reilly Auto Parts, and more
  • Free standing building
  • Across Central Ave from Cub Foods, the only grocer in the city

Attachments

CoStar MP

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
8,700 SF
Building Class
B
Year Built
1980
Price
£1,525,778
Price Per SF
£175
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
1.83 AC
Zoning
Commercial - Commercial Development
Parking
40 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
102 ft on Central Ave

Amenities

  • Signage
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,700 SF
  • Retail
  • Outparcel
  • 30 Days
Space Size Space Use Position Available
1st Floor 8,700 SF Retail Outparcel 30 Days

1st Floor

Size
8,700 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

Nearby Major Retailers

Cub Foods Pharmacy
Cash Wise
Dunn Brothers Coffee
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114-028-002020
Land Assessment
£478,312
Improvements Assessment
£728,226
Total Assessment
£1,206,538
  • Listing ID: 27652758

  • Date on Market: 01/02/2023

  • Last Updated:

  • Address: 701 SE Central Ave E, Saint Michael, MN 55376

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