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Investment Highlights
- Frontage on Interstate 94.
- Businesses in the Area Include: Albertville Premium Outlets, Costco, Premier Bank, St. Michael-Albertville Ice Arena, Taco Bell and more!
- Traffic Counts: County Road 37 NE - 11,703 VPD
- Conveniently Located Between Albertville Outlets & Costco.
- Traffic Counts: I-94 - 55,877 VPD
Executive Summary
This 2nd Generation restaurant can be a turn key operation for an incoming buyer. This is a chef ’s dream kitchen with wood fire grill, smoker, fryers, ovens, grills and more. You really must see it to appreciate it.
There is a sunken center with a dome above that can be used in a number of creative ways for any concept. There is a separate party/meeting room, a lounge with a full bar, both with their own waitress stations.
The game arcade is owned and operated by another company. They are extremely successful and would love the opportunity to stay. The restaurant profits generously from the game arcade, too!
This concrete tip up building is nearly clear span with the exception of columns across the center of the building so it is easy to move walls, add walls and windows or anything else to suit your vision.
Space Aliens has been the only tenant in the building the last 20 years. They are closing this last MN location to focus on their North Dakota restaurants where this concept began.
All the furniture, fixtures and equipment stay with the building.
Even though this is a 2nd generation restaurant, the building lends itself to any number of open floor plan uses such as recreation or retail once you remove the equipment and partitioned walls.
Additional information and full size plans are available, please contact the agents for more detail.
There is a sunken center with a dome above that can be used in a number of creative ways for any concept. There is a separate party/meeting room, a lounge with a full bar, both with their own waitress stations.
The game arcade is owned and operated by another company. They are extremely successful and would love the opportunity to stay. The restaurant profits generously from the game arcade, too!
This concrete tip up building is nearly clear span with the exception of columns across the center of the building so it is easy to move walls, add walls and windows or anything else to suit your vision.
Space Aliens has been the only tenant in the building the last 20 years. They are closing this last MN location to focus on their North Dakota restaurants where this concept began.
All the furniture, fixtures and equipment stay with the building.
Even though this is a 2nd generation restaurant, the building lends itself to any number of open floor plan uses such as recreation or retail once you remove the equipment and partitioned walls.
Additional information and full size plans are available, please contact the agents for more detail.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,252 SF
Building Class
C
Year Built
2006
Price
$1,900,000
Price Per SF
$205.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.92 AC
Zoning
B-3 - Highway Commercial
Parking
125 Spaces (13.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2nd Generation Restaurant Available For Sale and For Lease
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,252 SF | Restaurant | Outparcel | 30 Days |
1st Floor
| Size |
| 9,252 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 30 Days |
1st Floor
| Size | 9,252 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | 30 Days |
2nd Generation Restaurant Available For Sale and For Lease
Nearby Major Retailers
Property Taxes
| Parcel Number | 101-138-001020 | Improvements Assessment | $972,300 |
| Land Assessment | $467,200 | Total Assessment | $1,439,500 |
Property Taxes
Parcel Number
101-138-001020
Land Assessment
$467,200
Improvements Assessment
$972,300
Total Assessment
$1,439,500
1 of 3
Videos
Matterport 3D Exterior
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Photos
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11166 County Road 37 NE
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