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17650 Highway 65 NE 2,500 SF Retail Building Andover, MN 55304 $650,000 ($260/SF)
INVESTMENT HIGHLIGHTS
- Established QSR Location with Equipment
- Flexible Purchase or Lease Options
- Spacious Layout & Recent Upgrades
EXECUTIVE SUMMARY
*Price Reduced*
Former Dairy Queen then burger QSR
Ice Cream & Burger QSR with equipment
Could use a good cleaning before use, I plan to clean it when time is available.
Built in 1972
0.73 Acres
1,664 sq/ft with a big basement approx 1,000 sq/ft additional
Private well and septic
2015/2016 new AC unit on roof
2015/2016 new roof
Formerly a Dairy Queen then a quick service burger restaurant for a bit.
Most equipment still there, here is a short list to name a few:
48" flat top grill
2 vat 4 basket fryer
Fry dump station
Refrigerated prep station
(2) large Duke ice cream machines
Stand alone single door freezer
Approx. 8'x5' walk in cooler
Approx. 6'x5' walk in freezer
3 door reach in refrigerated display cooler in the front
Seller financing available
Will entertain leasing
Former Dairy Queen then burger QSR
Ice Cream & Burger QSR with equipment
Could use a good cleaning before use, I plan to clean it when time is available.
Built in 1972
0.73 Acres
1,664 sq/ft with a big basement approx 1,000 sq/ft additional
Private well and septic
2015/2016 new AC unit on roof
2015/2016 new roof
Formerly a Dairy Queen then a quick service burger restaurant for a bit.
Most equipment still there, here is a short list to name a few:
48" flat top grill
2 vat 4 basket fryer
Fry dump station
Refrigerated prep station
(2) large Duke ice cream machines
Stand alone single door freezer
Approx. 8'x5' walk in cooler
Approx. 6'x5' walk in freezer
3 door reach in refrigerated display cooler in the front
Seller financing available
Will entertain leasing
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
C
Year Built
1972
Price
$650,000
Price Per SF
$260
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Parking
20 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
127’ on Highway 65 NE
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 05-32-23-24-0007 | Improvements Assessment | $0 (2025) |
| Land Assessment | $11,700 (2025) | Total Assessment | $11,700 (2025) |
PROPERTY TAXES
Parcel Number
05-32-23-24-0007
Land Assessment
$11,700 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$11,700 (2025)
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17650 Highway 65 NE
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