Additional details

$1,200,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Ruffs Add
MLS Listing ID 7155076
Year Built 2002
Annual Tax Amount $20,416
Tax Year 2026
Contingent None
Lot Size 0.380 Acres
Lot Dimensions 16374
Property Description
Here's a great opportunity to own an established commercial property in Buffalo with two businesses already operating on-site: Subway and Mi Ranchito Market. The approximately 4,066-square-foot property sits on roughly 0.38 acres and offers a strong combination of established tenancy, convenient access, and a proven commercial location. The current owner also owns and operates the Subway and is willing to provide a leaseback, giving a buyer the potential for continued occupancy and rental income from an established business. Mi Ranchito Market provides an additional tenant and brings another established local business to the property, creating a diversified income stream within the building. The property is positioned near Highway 55 and surrounded by a mix of retail, restaurants, services, and residential development, helping make this a convenient location for both businesses and their customers. The seller is also offering two additional commercial properties, PID 06-118-23-340089 and PID 19-00116-01, creating an opportunity for an investor to acquire multiple income-producing assets from the same owner. Whether purchased individually or as part of the larger portfolio, 701 Soo Ln offers an appealing combination of existing tenants, leaseback potential, and a well-established commercial location in Buffalo.
Location
State MN
County Wright
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot, Paved Lot
Utilities Available Electric Common, Heating Common
Present Use Food Service,Restaurant,Retail
Building
Foundation 4066
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Buffalo-Hanover-Montrose
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Listed by Diego Correa Bravo • Re/Max Results
Nearby School & Business
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