# 3050 Coon Rapids Boulevard NW, Coon Rapids, MN 55433

> **TL;DR:** commercial, $2,600,000, built 1978. Est. $11,267/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,600,000 |
| Year Built | 1978 |
| Lot Size | 78,408 sqft (1.80 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,267 |
| **Total** | **$11,267** |

## Property Highlights

- Built in 1978
- 1.80 acre lot

## Description

### Agent Description
This large multi-tenant commercial building presents a compelling
investment opportunity, particularly for buyers seeking value-add
potential with built-in stability. The property benefits from zoning that
allows for both automotive and o?ice warehouse uses through a
Conditional Use Permit (CUP), which greatly expands the scope of
allowable tenants and maximizes long-term leasing flexibility.
Currently, the building is leased at below-market rental rates, leaving
significant room for future income upside as leases turn over or are
renegotiated. The tenant base is composed of a solid mix of occupants
from various industries, providing diversification and reducing the risk
associated with vacancy or market shifts.
In addition to its favorable zoning and tenant structure, the property
has recently undergone major renovations totaling approximately
$750,000. These capital improvements were completed by the current
ownership and address many of the typical deferred maintenance
items, positioning the building for reduced operational costs in the near
term and increased attractiveness to new tenants.
Overall, this asset combines strong fundamentals with meaningful
upside potential, making it an ideal candidate for investors seeking
both stability and growth in a well-located commercial property.

## Location

- **Address:** 3050 Coon Rapids Boulevard NW, Coon Rapids, MN 55433
- **County:** Anoka
- **Neighborhood:** Auditors Sub 74
- **Coordinates:** 45.172553, -93.344642
- **Google Maps:** https://www.google.com/maps?q=45.172553,-93.344642

## Listing Agent

- **Name:** Rustam Muharamov
- **Brokerage:** Keller Williams Integrity Realty
- **Phone:** 6124443333
- **Email:** Rustammoore@gmail.com

## Primary Photo

![3050 Coon Rapids Boulevard NW - Primary Photo](http://lh.rdcpix.com/6d87b7bb3d52dab3d724aca6c7e3956el-f1066345514r.jpg)

*43 total photos available on [listing page](https://www.propertysimple.com/listing/3050-coon-rapids-boulevard-nw-coon-rapids-mn-55433-7076932)*

---

**MLS#:** 7076932 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3050-coon-rapids-boulevard-nw-coon-rapids-mn-55433-7076932)

---

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  "name": "3050 Coon Rapids Boulevard NW, Coon Rapids, MN 55433",
  "description": "This large multi-tenant commercial building presents a compelling\ninvestment opportunity, particularly for buyers seeking value-add\npotential with built-in stability. The property benefits from zoning that\nallows for both automotive and o?ice warehouse uses through a\nConditional Use Permit (CUP), which greatly expands the scope of\nallowable tenants and maximizes long-term leasing flexibility.\nCurrently, the building is leased at below-market rental rates, leaving\nsignificant room for future inco",
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  "datePosted": "2026-06-17",
  "price": 2600000,
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