4466 Centerville Road, Vadnais Heights, MN 55127 (MLS# 7080841)

4466 Centerville Road, Vadnais Heights, MN 55127

$899,000
Property Type: Commercial Bedrooms: 4 Baths: 2 Square Footage: 5,232 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $899,000 List Date: 6/02/2026 Last Modified: 9/08/2026

Overview

Description

Versatile and Well-appointed mixed-use building. Main Floor Currently set up as a restaurant and catering kitchen. Could be adapted to new concept, or taken over as catering/restaurant operation. Walk-in Refrigerator and Freezer, fully-operational hood & bar top, ice-maker, business office and additional common restroom upstairs are all in-place. Or, Could be creative space, gallery, showroom, classrooms, retail outlet, co-working, designer, or architect. High ceilings, private restrooms, off-street parking with opportunity to lease space from adjacent property to the north provide opportunity for so many options. The two upstairs apartments come with many recent updates, including windows and window wells. Both are currently leased. Metered Electric Service in both apartments. Owner provides Heat, shared, internet, trash service and water. Great opportunity for a small business to acquire a building and have income day one!! Recent updates include: new roof 2024, AC and water heater ...

Listing Details MLS# 7080841

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
14
Owner Occupied
No
Waterfront YN
No
Year Built
1983
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2600
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.29
Lot Dimensions
93x136
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air; Wall Unit(s); Window Unit(s) Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Basement: None CMU Style: Apartments/Multi Family; Business Opportunity; Duplex Other; Mixed Use; Office Commercial Kitchen Appliances: Flat Top; Ice Machine; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Walk-In Cooler/Freezer Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Event Space; Other; Residential; Restaurant Exterior: Block Fencing: Partial; Privacy; Wood Flooring: Concrete Slab; Luxury Vinyl Tile Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air; In-Floor Heating; Other Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot; Sod Included in Price; Tree Coverage - Light On Site Utilities: Electric Separate; Hot Water Common Owner Pays: Common Area Maintenance; Fuel; Insurance; Lawn; Lawn; Roof Maintenance; Snow Removal; Taxes; Trash Collection Parking Characteristics: Parking Lot; Driveway - Shared; More Parking Offsite for Fee; Unassigned; Uncovered/Open Pool Description: None Potential Use: Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail Rent Rate per Foot: Other Rental License Type: Standard Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat Sewer: City Sewer/Connected Stories: Two Topography: Level Wall Description: Concrete/Block; Drywall; Finished Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
899000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4466
Street Name
Centerville
Street Suffix
Road
Postal City
Vadnais Heights
County
Ramsey
State
MN
Zip Code
55127
Complex/Dev/Subdivision
Section 21 Town 30 Range 22

Assessments

Assessment Balance
132
Tax With Assessments
11140

Building Information

Building Finished SqFt
5232
Building SqFt
5232
Ceiling Height
11-15

More Information

Income and Expenses

Annual Gross Income
38280

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
21
Township#
30

Sale Options

Sale Includes
Building, Fixture/Equipment, Leases

Unit 1

Unit Number
Yes
Monthly Rent
1595
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Level
2nd Level
Unit Total SqFt
1100
Leased?
Yes
Lease Expiration Date
2027-04-30

Unit 2

No. of 2 Bedroom Units
2
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
2nd Level
Monthly Rent
1595
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2
Unit Total SqFt
1100

Unit Details

Total Units
3
IDX
Listing Office: Keller Williams Premier Realty
Last Updated: September - 08 - 2026
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