Highlights 5,347 SF Building on 0.15 Acre Lot 50 Feet of Frontage on Paul Ave South Existing Restaurant Build Out in Place 2nd Floor Apartment Units are Fully Rented ($22,000 Annually) Aggressive Offering Price of $260,000 ($48 PSF) Perfect Opportunity for New Restaurant Operator
Newly available for sale is a 5,347 SF commercial building in the heart of Cologne, Minnesota. Existing restaurant and full kitchen on the first floor is ready for a new operator! 2nd level consists of two (2) large apartment units with newer appliances, cabinetry, and flooring. Apartments are fully occupied and have an excellent rental history. $22,000 existing annual income from apartment rents.
Cologne is located 25 miles west of the Twin Cities on Highway 212. Contact brokers for additional information and a tour.
Contact Brokers for additional information and for a tour.
107 Paul Ave South, Cologne. - Tenancy: Single Tenant
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