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$349,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1,614 Sq. Ft.
  • 0.49 Acres
  • Updated 1 day ago
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Excellent opportunity to own a versatile commercial property just minutes from the heart of Downtown Anoka. Currently operating as a beauty shop, this 1,352-square-foot building offers a flexible layout that can accommodate a variety of service-based or commercial uses, including office, studio, storefront, community resource center, auto sales, and more. A fully finished basement provides valuable additional space for storage, operations, or other business needs. Situated on a generous half-acre commercial lot, the property also includes a detached garage and offers exciting potential for future redevelopment or customization to suit your business vision. The convenient, high-visibility location provides easy access by both vehicle and public transportation, with four bus stops located within approximately 400 feet. Its proximity to Downtown Anoka further connects the property to established businesses, amenities, and the surrounding community. Whether you're looking for a space for your own business, an investment opportunity, or a property with redevelopment potential, this flexible commercial property offers a unique opportunity in a well-connected Anoka location.

Full Property Details for 721 E River Rd

General

  • Price: $349,900
  • Taxes: $5,672 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7104225
  • Updated: 9/18/2026
  • Added to Site: 1 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Open

Location

  • County: Anoka
  • Township: Anoka
  • Subdivision: Auditors Sub 14 Rev
  • Driving Directions: 7TH AVE. S. TO COON RAPIDS BLVD. E TO PROPERTY

School Information

  • School District: 11 - Anoka-Hennepin
  • High School District: Anoka-Hennepin

Heating & Cooling

  • Cooling Type: Dual
  • Heating Type: Baseboard
  • Heating Fuel: Electric

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation Size: 896
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,614
  • Finished Down/Base.: 1,614 Sq. Ft.
  • Current Bldg. Use: Beauty/Barber Shop
  • Year Built: 1944

Lot Features

  • Lot Size (Acres): 0.49
  • Lot Dimensions: 89 x 251 x 80 x 289
  • Frontage: City Street
  • Potential Use: Office, Professional Service, Retail, Shop
  • Zoning: Business/Commercial
  • Lot Description: Public Transit (w/in 6 blks)

Financial Considerations

  • Tax Amount: $5,672
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: LOT 12 AUDITORS SUBDIVISION NO 14 REV
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 73124420006

Listed by Pemberton RE

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Listing agent

— 721 E River Rd —

  • Pemberton RE

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 721 E River Rd

School District:Anoka-Hennepin School District
NameGradesDistance
Lincoln Elementary Entary
540 South Street, Anoka, MN 55303
K-50.2 mi
Anoka Middle School For The Arts
1523 5th Avenue, Anoka, MN 55303
7-80.5 mi
Anoka Senior High School
3939 North 7th Avenue, Anoka, MN 55303
9-122.5 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 721 E River Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$349,900
9.34%
MLS
7/11/2025
Sold
$320,000
—
Public Record
Get Price Alerts and Save Property
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 for 721 E River Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,012
10%
$261,400
4%
2025
$5,455
9%
$250,600
—
2024
$5,002
3%
$249,800
2%
2023
$4,838
4%
$245,200
3%
2022
$4,672
-3%
$238,500
15%
2021
$4,818
-6%
$207,300
100%
2020
$5,118
6%
-100%
2021
$4,818
-1%
$208,100
7%
2018
$4,849
-13%
$194,200
1%
2017
$5,549
—
$192,200
3%
2016
$5,541
-3%
$186,700
1%
2015
$5,695
-11%
$184,100
-5%
2014
$6,428
—
$193,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Pemberton RE

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721 E River Road, Anoka, MN 55303 (MLS# 7104225) is a Commercial property. 721 E River Road is currently listed for $349,900 and was received on September 18, 2026. Want to learn more about 721 E River Road? Do you have questions about finding other Commercial real estate for sale in Anoka? You can browse all Anoka real estate or contact a Coldwell Banker agent to request more information.

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