2321 West 66th St., Richfield, MN 55423

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2321 West 66th St. Richfield, MN 55423

Description

This is an amazing investment opportunity.........an impeccably maintained 2 story office / retail building located in the heart of Richfield. Close to all major highways, lots of long term tenants. A Grade level drive in door.This building practically runs itself. Loads of parking behind the building.
8.4% cap rate, gross income of $ 285,000. At a cost of $109.75 / sq ft this building is a steal and will show a positive income for years to come.





Listing Agent: Richard Minn

Contact: 612-325-7879

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Contact Info

Agent: Richard Minn

Coldwell Banker Burnet

P (612) 325-7879

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$2,100,000

2321 West 66th St.
Richfield, MN 55423

Commercial Building

19200 Square Feet (approx.)

Year Built: 1968

ID#: 3649020-55423

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Real Estate Market Info

Median Home Sale Price
$222,250
Annual Turnover Rate
17.98%
In current residence 5+ years
47.88%
Median years in residence
4.72
Homes Owned
64.76%
Homes Rented
28.60%
Homes Vacant
6.64%

*Based on zipcode 55423

Market Info is provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics.
Information is deemed reliable but not guaranteed.

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