$4,500,000
North Branch, MN 55056
MLS# 7068544

1 / 32
Property Description
Fantastic opportunity to own a terrific building with quick access and great visibility on I35. Located in an a shopping area featuring Starbucks, Chipolte, Holiday Gas Station, KFC, Dickeys, Jerry's Foods and others. Building is in great shape, was previously a Shopko and has been used for a discount store for the past few years. Excellent space with 68,880 in retail, 11,124 in warehouse with an additional 7884 of mezzanine warehouse space. 2 loading docks, overhead rollup door and plenty of parking lot. Front area of store has possibility to have separate areas, previously used as an eye clinic and pharmacy. Small office spaces and also drive through. City is very open to many types of business' that can be located here. Possibility of splitting the land as well. Lease options may be available. Owner is changing directions and that makes this an incredible opportunity for you.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $4,500,000
Contingency: None
ListPrice: 4500000
List Date: 2026-05-03
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 80
Owner Occupied: Yes
Waterfront Present: No
Year Built: 2008
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: irr
Acres: 8.3
Foundation Size: 80004
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: Lot 2 Blk 2 North Branch Marketplace
Listing City: North Branch
Map Page: 242
Municipality: North Branch
School District: North Branch
School District Phone: 651-674-1000
Property ID Number: 110041015
Tax Year: 2026
Tax Amount: 141840
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Fantastic opportunity to own a terrific building with quick access and great visibility on I35. Located in an a shopping area featuring Starbucks, Chipolte, Holiday Gas Station, KFC, Dickeys, Jerry's Foods and others.
Building is in great shape, was previously a Shopko and has been used for a discount store for the past few years. Excellent space with 68,880 in retail, 11,124 in warehouse with an additional 7884 of mezzanine warehouse space.
2 loading docks, overhead rollup door and plenty of parking lot.
Front area of store has possibility to have separate areas, previously used as an eye clinic and pharmacy. Small office spaces and also drive through. City is very open to many types of business' that can be located here. Possibility of splitting the land as well.
Lease options may be available.
Owner is changing directions and that makes this an incredible opportunity for you.
Directions: I3 5 to 95 west to property
Accessible
No Stairs External: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 42000
Assessment Installment: 18546
Tax With Assessments: 160386
Assumable Loan
Not Assumable: 1
Basement
Foundation Dimensions: 280x300
Building Information
Building Finished SqFt: 80004
Building SqFt: 87888
Ceiling Height: 16-20
Construction Status
Previously Owned: 1
Existing Financing
Conventional: 1
Exterior
Stucco: 1
Other: 1
Flooring
Carpet: 1
Concrete Slab: 1
Foundation
Concrete Block: 1
Poured Concrete: 1
Slab: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
2+ Lavatories: 1
Alarms: 1
Building Sign: 1
Delivery Door: 1
Exterior Lighting: 1
Homestead: No
Loading Dock: 1
Overhead Doors: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Road Frontage
Paved Streets: 1
Roof
Age Over 8 Years: 1
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Land
Sewer
City Sewer/Connected: 1
Stories
One: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 15000
Annual Electric Expense: 42532
Annual Fuel Expense: 17898
Annual Insurance Expense: 26700
Annual Water/Sewer Expense: 3905
On Site Utilities
Electric Common: 1
Heating Common: 1
CMU Style
Retail/Shopping Center: 1
Current Use
Retail: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Strip Center: 1
Location Tax and Other Information
House Number: 5360
Street Name: st croix
Street Suffix: Trail
Postal City: North Branch
County: Chisago
State: MN
Zip Code: 55056
Property Features
Accessible: No Stairs External
Air Conditioning: Central Air
Assumable Loan: Not Assumable
CMU Style: Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Retail
Existing Financing: Conventional
Exterior: Stucco; Other
Flooring: Carpet; Concrete Slab
Foundation: Concrete Block; Poured Concrete; Slab
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Strip Center
Miscellaneous Information: 2+ Lavatories; Alarms; Building Sign; Delivery Door; Exterior Lighting; Loading Dock; Overhead Doors
On Site Utilities: Electric Common; Heating Common
Parking Characteristics: Parking Lot
Road Frontage: Paved Streets
Roof: Age Over 8 Years; Flat; Rubber
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Listing Office: RE/MAX Synergy
Last Updated: May - 06 - 2026
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