4
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$529,900
Est. payment /mo
2,613 Sqft Lot
Active
11972 Portland AVE Burnsville, MN 55337
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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
Parking Features Detached
Garage Spaces 1.0
Utilities Available Electric Separate, Heating Separate
Present Use Professional/Office,Office
Building
Foundation 1452
Sewer City Sewer - In Street
Water City Water/Connected
Structure Type Brick/Stone,Stucco
Schools
School District Burnsville-Eagan-Savage
Listed by Nematullah JanetKhan • RE/MAX Advantage Plus