Date
Details
Price
Change
Source
5/19/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,600,000 Just Listed
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Property Description
This large multi-tenant commercial building presents a compelling investment opportunity, particularly for buyers seeking value-add potential with built-in stability. The property benefits from zoning that allows for both automotive and o?ice warehouse uses through a Conditional Use Permit (CUP), which greatly expands the scope of allowable tenants and maximizes long-term leasing flexibility. Currently, the building is leased at below-market rental rates, leaving significant room for future income upside as leases turn over or are renegotiated. The tenant base is composed of a solid mix of occupants from various industries, providing diversification and reducing the risk associated with vacancy or market shifts. In addition to its favorable zoning and tenant structure, the property has recently undergone major renovations totaling approximately $750,000. These capital improvements were completed by the current ownership and address many of the typical deferred maintenance items, positioning the building for reduced operational costs in the near term and increased attractiveness to new tenants. Overall, this asset combines strong fundamentals with meaningful upside potential, making it an ideal candidate for investors seeking both stability and growth in a well-located commercial property.
Full Property Details
Full Property Details for 3050 Coon Rapids Blvd NW
General
- Price: $2,600,000
- Taxes: $24,093 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7076932
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Parking Lot
Location
- County: Anoka
- Township: Coon Rapids
- Subdivision: Auditors Sub 74
- Driving Directions: Coon Rapids Blvd & 111th Street
School Information
- School District: 11 - Anoka-Hennepin
- High School District: Anoka-Hennepin
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (In-Street)
- Utility Description: Electric Separate, Heating Separate
Structural Information
- Foundation Size: 31500
- Roof: Age Over 8 Years, Metal
- Disability Access: Other
- Square Feet: 31,500
- Finished Down/Base.: 31,500 Sq. Ft.
- Current Bldg. Use: Automobile Service, Professional/Office, Commercial, Industrial, Professional Service, Retail, Warehouse
- Year Built: 1978
Lot Features
- Lot Size (Acres): 1.8
- Lot Dimensions: x
- Potential Use: Office, Retail, Shop, Warehouse, Wholesale, Industrial
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $24,093
- Tax Year: 2026
Disclosures and Reports
- Legal Description: THAT PART OF LOT 6 AUDITORS SUBDIVISION 74 DESC AS FOL: BEG AT PT ON SWLY R/W LINE OF CSAH NO 1, 728.9 FT NWLY FROM SE COR OF SD LOT, TH NWLY ALG SD SWLY R/W LINE 200 FT, TH SWLY 557.75TFT TO PT ON S LINE OF SD LOT, 973.95 FT W OF SD SE COR OF SD LOT , TH E ALG S LINE OF SD LOT 214.06 FT TH NELY IN STRAIGHT LINE TO POB
- Inclusions: Building, Land, Leases
- Property ID: 163124320007
Listed by Keller Williams Integrity Realty
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Schools
Schools serving 3050 Coon Rapids Blvd NW
School District:Anoka-Hennepin School District
| Name | Grades | Distance |
|---|---|---|
Mississippi Elementary School 10620 Direct River Drive Northwest, Coon Rapids, MN 55433 | K-5 | 0.6 mi |
Coon Rapids Middle School 11600 Raven Street Northwest, Coon Rapids, MN 55433 | 6-8 | 1.1 mi |
Coon Rapids Senior High School 2340 Northdale Boulevard Northwest, Coon Rapids, MN 55433 | 9-12 | 1.1 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 3050 Coon Rapids Blvd NW
Estimate the Cost
Estimate the Cost for 3050 Coon Rapids Blvd NW
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3050 Coon Rapids Boulevard NW, Coon Rapids, MN 55433 (MLS# 7076932) is a Commercial property. 3050 Coon Rapids Boulevard NW is currently listed for $2,600,000 and was received on May 19, 2026. Want to learn more about 3050 Coon Rapids Boulevard NW? Do you have questions about finding other Commercial real estate for sale in Coon Rapids? You can browse all Coon Rapids real estate or contact a Coldwell Banker agent to request more information.