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$400,000

  • Sold
  • Closed
  • Commercial
  • 0.19 Acres
  • Updated 11 days ago
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Exceptional opportunity to own a well established, family owned restaurant in the heart of Albertville. Ideally situated in a high traffic commercial corridor near Albertville, premium outlets, this turn key property features a convenient drive-through and approving history of strong cash flow with Costco opening nearby, the area is poised for increased traffic and continued growth, making this an outstanding opportunity for owner operators and investors alike.

Full Property Details for 5986 Main Ave NE

General

  • Sold For: $400,000
  • Taxes: $4,960 (2026)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7119152
  • Added to Site: 70 day(s) ago

Parking

  • Parking Features: Paved Lot

School Information

  • School District: 885 - St. Michael-Albertville
  • High School District: St. Michael-Albertville

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Tax Amount: $4,960
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SECT-01 TWP-120 RANGE-024 UNPLATTED LAND ALBERTVILLE1 LTS 5&6 BLK1 PRT OF NW1/4OF NE1/4SEC1-120-24EX TH PRT LY E OF LN DES COM NE COR OF LT6 TH W ALG N LN61.46FT TO POB TH S DEF90D03'51"L99.91FT TO PT ON S LN OF LT5 58.94FT W OF SE COR OF LT5BLK1&TER
  • Inclusions: Building, Business, Fixture/Equipment, Land
  • Property ID: 101500011212

Listed by Compass
Sold by LPT Realty, LLC

Listing agents

— 5986 Main Ave NE —

  • Compass

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5986 Main Ave NE

School District:St. Michael-Albertville School District
NameGradesDistance
Albertville Primary School
5386 Main Avenue Northeast, Albertville, MN 55301
K-0.5 mi
St Michael-Albertville Middle West
11343 50th Street Northeast, Albertville, MN 55301
5-81 mi
Big Woods Elementary School
13470 Frankfort Parkway Northeast, Saint Michael, MN 55376
1-42 mi
St. Michael-Albertville Senior High School
5800 Jamison Avenue Northeast, Saint Michael, MN 55376
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5986 Main Ave NE

Date
Details
Price
Change
Source
9/28/2026
Sold
$400,000
—
MLS
7/31/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass
Sold by LPT Realty, LLC

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5986 Main Avenue NE, Albertville, MN 55301 (MLS# 7119152) is a Commercial property that was sold at $400,000 on September 28, 2026. Want to learn more about 5986 Main Avenue NE? Do you have questions about finding other Commercial real estate for sale in Albertville? You can browse all Albertville real estate or contact a Coldwell Banker agent to request more information.