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2483 109th Ave NW
Minneapolis, MN 55433
Health Care Property For Sale
·
12 Beds
Investment Highlights
- Two identical care buildings featuring functional layouts designed for resident comfort and caregiver oversight.
- Each building includes six bedrooms for residents, one staff bedroom, accessible bathrooms, and complete living accommodations.
- Property located on a ±0.89-acre lot within a developed residential and commercial corridor with highway access nearby.
- Recently obtained Community Residential Services (RCS) home license; previously licensed as an Intermediate Care Facility (ICF).
- Detached storage garage of approximately 576 SF included on site.
Executive Summary
This offering presents a fully developed residential care property in Coon Rapids with two identical buildings totaling approximately 6,620 square feet. Each building features six resident bedrooms plus one staff bedroom with an attached bathroom, two additional full bathrooms with wheelchair-accessible showers, a full kitchen and dining area, a spacious living room, and a laundry area. The property is complemented by a detached storage garage of approximately 576 square feet.
The site spans nearly 0.89 acres, providing outdoor space and ample parking, and includes two structures recently licensed as a six-bed Community Residential Services home. The layout supports operational efficiency with clear separation of living spaces and communal areas, aligning with current demands for specialized care environments. Previously licensed as an Intermediate Care Facility (ICF), the property maintains versatile potential for a variety of care-related uses under current zoning allowances.
Positioned in a well-established Coon Rapids community with convenient access to main roadways, this property offers a unique opportunity for investors or operators seeking a licensed care facility in a stable suburban location.
The site spans nearly 0.89 acres, providing outdoor space and ample parking, and includes two structures recently licensed as a six-bed Community Residential Services home. The layout supports operational efficiency with clear separation of living spaces and communal areas, aligning with current demands for specialized care environments. Previously licensed as an Intermediate Care Facility (ICF), the property maintains versatile potential for a variety of care-related uses under current zoning allowances.
Positioned in a well-established Coon Rapids community with convenient access to main roadways, this property offers a unique opportunity for investors or operators seeking a licensed care facility in a stable suburban location.
Property Facts
| Price Per Bed | $82,500 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 6,620 SF |
| Property Type | Health Care | No. Beds | 12 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | C | Year Built | 1972 |
| Price Per Bed | $82,500 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 6,620 SF |
| No. Beds | 12 |
| No. Stories | 1 |
| Year Built | 1972 |
Amenities
- Wheelchair Accessible
Property Taxes
| Parcel Number | 16-31-24-44-0001 | Improvements Assessment | $554,000 |
| Land Assessment | $108,800 | Total Assessment | $662,800 |
Property Taxes
Parcel Number
16-31-24-44-0001
Land Assessment
$108,800
Improvements Assessment
$554,000
Total Assessment
$662,800
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