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Active
$529,900
/mo Edit
Commercial:  Business Opportunity
Built 2002
0.06 acres
Burnsville-Eagan-Savage schools
MLS# 6601815
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    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.

    Listing

    Contingency: None
    City: Burnsville
    County: Dakota
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55337
    Subdivision Name: Mn Valley Town Office Park

    Interior

    Appliances Included: None
    Basement Details: Finished

    Exterior

    Garage Spaces: 1
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,452 ft2
    Foundation Dimensions: 44x33
    Handicap Accessible: Grab Bars In Bathroom, Partially Wheelchair
    Heating System: Forced Air
    Parking Features: Detached
    Shared Amenities: Fire Sprinkler System
    Unit Amenities:
    • Balcony
    • Indoor Sprinklers
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.06
    Geolocation: 44.788665, -93.267529
    Inclusions: Fixture/Equipment
    Lot Dimensions: 0
    Zoning: Business/Commercial

    Schools

    School District: 191
    District Phone: 952-707-2000

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $12,600
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,600

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Office
    • Professional/Office
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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