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For Sale:  Buffalo MLS# 7155076

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Active NEW!
$1,200,000
/mo Edit
Commercial:  Other
Built 2002
0.38 acres
Buffalo-Hanover-Montrose schools
MLS# 7155076
763-576-8286
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    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.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $1,200,000
    Property Type: Commercial
    City: Buffalo
    Garage Spaces: 0
    County: Wright
    Year Built: 2002
    State: MN
    Property Style: Other
    Zip Code: 55313
    Subdivision Name: Ruffs Add

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 4,066 ft2
    Handicap Accessible: No Stairs External, Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    • Paved Lot

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.38
    Geolocation: 45.178917, -93.872671
    Inclusions: Building, Land
    Lot Dimensions: 16374
    Zoning: Business/Commercial

    Schools

    School District: 877
    District Phone: 7636828707

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $20,416
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $20,416

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Food Service
    • Restaurant
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Re/Max Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.