5986 Main Avenue NE, Albertville, MN 55301 - Photo 1

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$400,000 Just Listed

For Sale
Active
Commercial
0.19 Acres
Updated 1 hour ago

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Property Description

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

Full Property Details for 5986 Main Ave NE

General

Price: $400,000
Taxes: $4,960 (2026)
Status: Active
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 7119152
Updated: Today (7/31/2026)
Added to Site: Today

Additional Information

Amenities: Tile Floors

Parking

Parking Features: Paved Lot

Location

County: Wright
Township: Albertville
Driving Directions: 94 W, get off on exit 202, left onto Cty Rd 37 NE, SW onto Main Ave Ne.

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

Structural Information

Foundation Size: 953
Roof: Flat
Disability Access: Grab Bars In Bathroom
Current Bldg. Use: Food Service, Restaurant
Year Built: 1983

Lot Features

Lot Size (Acres): 0.19
Lot Dimensions: 100 x 85 x 100 x 82
Frontage: City Street, Paved Streets
Zoning: Business/Commercial
Lot Description: Corner Lot, Light Tree Coverage

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

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Schools

Schools serving 5986 Main Ave NE

School District:St. Michael-Albertville School District

Name	Grades	Distance
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	5-8	1 mi
Big Woods Elementary School 13470 Frankfort Parkway Northeast, Saint Michael, MN 55376	1-4	2 mi
St. Michael-Albertville Senior High School 5800 Jamison Avenue Northeast, Saint Michael, MN 55376	9-12	1.8 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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/31/2026

Listed

$400,000

110.53%

MLS

6/18/2018

Sold

$190,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 5986 Main Ave NE

Year

Property Taxes

Change

Tax Assessment

Change

2026

$4,960

—

$220,200

2026

$4,960

19%

$216,000

2024

$4,178

-35%

$211,700

2023

$6,429

54%

$203,500

13%

2022

$4,188

-2%

$180,000

2021

$4,258

$170,400

2020

$4,108

$163,500

2019

$4,016

$158,700

—

2018

$3,980

-16%

$158,700

—

2017

$4,714

-3%

$158,700

—

2016

$4,836

-3%

$158,700

-1%

2015

$5,010

-2%

$160,500

—

2014

$5,132

-4%

$161,200

—

2013

$5,362

—

$160,400

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 5986 Main Ave NE

5986 Main Avenue NE, Albertville, MN 55301 (MLS# 7119152) is a Commercial property. 5986 Main Avenue NE is currently listed for $400,000 and was received on July 31, 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.

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5986 Main Ave NE Albertville, MN 55301