Presented By: RE/MAX Advantage Plus
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.
Presented By: RE/MAX Advantage Plus
BasementFinished
Basement (Y/N)Yes
Foundation Dimensions44x33
FuelElectric, Natural Gas
AccessibilityGrab Bars In Bathroom, Partially Wheelchair
Additional Parcels Y/NNo
Amenities UnitBalcony, Indoor Sprinklers
AppliancesNone
Association AmenitiesFire Sprinkler System
CityBurnsville
Construction MaterialsBrick/Stone, Stucco
ContingencyNone
CoolingCentral Air
CountyDakota
Current UseProfessional/Office, Office
DirectionsHwy 13 E of 35W on Portland, N to property
Garage Spaces1
HeatingForced Air
High School DistrictBurnsville-Eagan-Savage
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
NumberOfUnitsTotal1
Possible UseOffice
PostalCityBurnsville
Property SubtypeBusiness
Property TypeCommercial Sale
SewerCity Sewer - In Street
Standard StatusActive
Subdivision NameMn Valley Town Office Park
Tax Annual Amount12600
Tax Year2024
UtilitiesElectric Separate, Heating Separate
Year Built2002
Zoning DescriptionBusiness/Commercial
Building Area Total3889
Foundation Area1452
InclusionsFixture/Equipment
Lot Dimensions0
Lot Size Area0.06
Parking FeaturesDetached
Water SourceCity Water/Connected
Realtor® MN