11972 Portland AVE, Burnsville, MN 55337 - 6601815

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Jamie Albertsen

jamie@pedersonrealty.com +1(507) 581-7094

$529,900

Est. payment - /mo

2,613 Sqft Lot

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UPDATED:

09/17/2024 02:04 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Mn Valley Town Office Park

MLS Listing ID 6601815

Year Built 2002

Annual Tax Amount $12,600

Tax Year 2024

Contingent None

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Exceptional opportunity, a ranch-style office condo divided into two units, each with separate entries, perfect for business owners looking to own their own space instead of renting. This setup not only offers independence but also the potential to subsidize mortgage payments through rental income. For investors, this property is a dream come true, boasting a potential cap rate of over 13% based on current market rents. Strategically located with effortless access to major highways and transportation hubs, it ensures convenience for tenants and maximum visibility for businesses. Whether you're looking to secure your business's future or expand your investment portfolio, this property promises both stability and significant returns. Don?t miss out on this prime opportunity ? schedule your viewing today and take the next step towards owning a lucrative piece of real estate.

Location

State MN

County Dakota

Zoning Business/Commercial

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Inclusions Fixture/Equipment

Fireplace No

Appliance None

Exterior

Garage Detached

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate

Present Use Professional/Office,Office

Parking Type Detached

Building

Foundation 1452

Sewer City Sewer - In Street

Water City Water/Connected

Structure Type Brick/Stone,Stucco

Schools

School District Burnsville-Eagan-Savage

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Listed by Nematullah JanetKhan • RE/MAX Advantage Plus

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Jamie Albertsen

+1(507) 581-7094