For Sale: Burnsville MLS# 6601815
Active
$529,900
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
Listing Status:
Active
Contingency:
None
List Price:
$529,900
Property Type:
Commercial
City:
Burnsville
Garage Spaces:
1
County:
Dakota
Year Built:
2002
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
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.