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. Donâ??t miss out on this prime opportunity â?? 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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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.
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!
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.