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Investment Highlights

  • Prime frontage on Highway 65 with strong visibility
  • Ideal for owner-user or multi-tenant investment
  • Flexible layout with three units or one large space
  • Surrounded by residential and commercial activity

Executive Summary

This listing is the southern half of the entire building. Positioned directly on the high-visibility corridor of Highway 65, this 4,320-square-foot commercial property offers a rare opportunity for owner-operators or investors seeking a flexible, income-generating asset in the growing Cedar market. With excellent frontage and signage potential, the site benefits from consistent traffic flow and strong regional connectivity, making it ideal for a wide range of business uses.
Currently configured into three separate units, the building provides immediate multi-tenant cash flow potential while also offering the flexibility to be reconfigured into a single larger space. This adaptability makes it well-suited for retail, office, service, or showroom operations. The property’s layout supports both private and public-facing functions, and its standalone nature ensures ease of access and parking.
The surrounding area is a mix of residential neighborhoods, local businesses, and regional retail, contributing to a steady stream of customers and visibility. Cedar’s proximity to Blaine, Ham Lake, and the northern Twin Cities suburbs adds to its appeal for businesses looking to serve both local and commuter populations. With Highway 65 serving as a major north-south artery, the property is well-positioned for long-term growth and sustained demand.
A standout feature of this offering is the seller’s openness to owner financing, providing a unique opportunity for buyers to structure a deal that aligns with their financial goals. Whether you're expanding your footprint or investing in a high-traffic corridor, this property delivers location, flexibility, and upside.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,320 SF
Building Class
C
Year Built
1976
Price
$646,767
Price Per SF
$149.71
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.25 AC
Parking
20 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
160’ on NE Highway 65

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Kragness Chiropractic
  • Health Care and Social Assistance
  • -
  • -
  • -
  • North Anoka Emergency Food
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Road Warrior Ink
  • Manufacturing
  • -
  • -
  • -
  • Xtreme Body Workx
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Kragness Chiropractic Health Care and Social Assistance - - -
North Anoka Emergency Food Health Care and Social Assistance - - -
Road Warrior Ink Manufacturing - - -
Xtreme Body Workx Services - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 32-33-23-13-0016
  • 32-33-23-42-0010
Land Assessment
$143,100
Improvements Assessment
$556,900
Total Assessment
$700,000
  • Listing ID: 37460594

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 18505 Highway 65 NE, East Bethel, MN 55011

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