3845 Lexington Avenue N, Arden Hills, 55126

Commercial Sale - Business For Sale in Roberts Add To Arden Hills

$150,000

Beds
Baths
Sqft
2.01Acres
2018Built
30DOM
MLS® #: 5729476
Active, 30 Days on Market

Great restaurant business opportunity! About 3,900 sqfts of high-end design restaurant with 14 BBQ tables with hoods, booths and tables, a bar with TVs, and a full commercial kitchen with 22 fts kitchen hood, 4 wok burners, 2 fryers, 6 burner stove, a grill, walk-in cooler, walk-in freezer, and other business appliances and equipment. The seller has spent about $700,000 into the build-out of this entire restaurant in 2019. There is also a large storage room. The restaurant has a liquor license. No real estate. Sale excludes inventory. The restaurant serves Asian fusion food and Korean BBQ. Current lease expires on July 2028. Rent, property tax, insurance, and maintenance is $14,643/mo plus electricity and gas. Seller is selling since he prefers to spend more time in another business. Seller will accept cash and guaranteed installment loan of 50% down and 50% to be paid off in 2 years. Ample shared parking spaces available and easy access to Hwy 694 and Hwy 51.

Essential Information

MLS® #: 5729476
Price: $150,000
Acres: 2.01
Year Built: 2018
Type: Commercial Sale
Sub-Type: Business
Style: Business
Status: Active

Community Information

Address: 3845 Lexington Avenue N
Subdivision: Roberts Add To Arden Hills
City: Arden Hills
County: Ramsey
State: MN
Zip Code: 55126

Amenities

Garages: Open

Interior

Heating: Forced Air

Exterior

Construction: Brick/Stone

Additional Information

Days on Market: 30
Zoning: Business/Commercial

Listing Details

Listing Office: RE/MAX Results

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on April 23rd, 2021 at 5:35am CDT.