$529,900

11972 Portland Avenue, Burnsville, MN 55337, US

Summary

Year Built: 2002

Moving Quotes

primary photo for 11972 Portland Avenue, Burnsville, MN 55337, US

Remarks

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.

Details

MLS#: 6601815
Price: $529,900

Year Built: 2002

County: Dakota
Subdivision: Mn Valley Town Office Park
Tax Fee: 12600.00

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Broker Contact


RE/MAX Advantage Plus
The Difference Is In The Advantage
13875 Highway 13 South
Savage, MN, 55378
US
Eric Malmberg
! (952) 226-7700
! kate.osborn@therealestateadvantage.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Regional Multiple Listing Service of Minnesota [NorthStarMLS]
Last updated: 2024-09-16T11:45:16.000-05:00.
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