For Sale: Andover MLS# 6776686
Active
NEW!
$85,000
Commercial: Business Opportunity
Built 1978
9.51 acres
Anoka-Hennepin schools
MLS# 6776686
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Property Description
THIS SALE IS FOR THE BUSINESS ONLY. Presenting a rare opportunity to acquire the only smoke lounge in Andover, a turnkey operation with strong fundamentals and room for growth.
The business is fully equipped with a walk-in humidor, comfortable lounge area, and established customer base. Current revenue is generated through premium cigar sales, vape products, tobacco accessories, and cigarettes. There is also potential to expand into hemp products, subject to compliance.
Located in a high-traffic, high-visibility corridor with no direct competition, this business is well-positioned for continued success. Opportunities exist to increase revenue through events, memberships, expanded product lines, and enhanced retail offerings. Sale includes:
product, inventory, furniture, fixtures, equipment, and lease assignment. This is an excellent opportunity for an operator or investor seeking a stable, specialty business with growth potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$85,000
Property Type:
Commercial
City:
Andover
Garage Spaces:
0
County:
Anoka
Year Built:
1978
State:
MN
Property Style:
Business Opportunity
Zip Code:
55304
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
22
Foundation Size:
3,000 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Open
- Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
9.51
Geolocation:
45.260258, -93.376337
Inclusions:
Business, Fixture/Equipment, Inventory, Leases
Lot Dimensions:
385 x 131 x 321 x 63 x 284 x 299 x 208 x 209 x 126 x 150 x 14 x 488
Zoning:
Business/Commercial
Schools
School District:
11
District Phone:
763-506-1000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$19,921
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$19,921
Units
Total Units:
1
Miscellaneous
Current Use:
Retail
Fuel System:
Natural Gas
Sewer System:
Septic System Compliant - Yes
Available Utilities:
Electric Common
Water System:
Well
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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!
Listing provided by RMLS,
courtesy of LPT Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.