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$2,600,000
3 Days On Site

3050 Coon Rapids Boulevard NW
Coon Rapids, MN 55433

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
31,500
SqFt
$83
/SqFt
1978
Built
Subdivision:
Auditors Sub 74
County:
Anoka
Listing courtesy of Keller Williams Integrity Realty
3050 Coon Rapids Boulevard NW3050 Coon Rapids Boulevard NW3050 Coon Rapids Boulevard NW3050 Coon Rapids Boulevard NW
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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.

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Listing Snapshot
Price 
$2,600,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
31,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.8 Acres
Year Built 
1978
MLS® Number 
7159413
Status 
Active
Property Tax 
$24,295
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
1.8
Additional Property Use 
CommercialIndustrialRetailWarehouse
Foundation 
Other
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Parking Lot
Sewer 
Public Sewer
SqFt Total 
31500
Water Source 
Public
Zoning 
Business/Commercial
Interior Features
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Other
Roof 
Metal
Community Features
School District 
11 - Anoka-Hennepin
Township 
Coon Rapids
Schools
School District
11 - Anoka-Hennepin
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Integrity Realty



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-10-17 02:43 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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