Active

11972 Portland Avenue

Burnsville MN, 55337

$529,900


$136.26 per sqft

Active

3,889 sqft

Commercial

Built in 2002

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.

6601815

MLS ID

September 16, 2024

Listed

November 22, 2024

Updated

Map

11972 Portland Avenue
Burnsville MN, 55337

Interior Features

Appliances

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.06 Acres


Sewer

City Sewer - In Street

School Information

School District

Burnsville-Eagan-Savage

Other Property Details

Taxes

$12,600


Tax Frequency

Annually


Association Amenities

Fire Sprinkler System


Garage

Yes


Garage Spaces

1


Parking

Detached


View

No


County

Dakota


Water Source

City Water/Connected


Pool

No

 

Courtesy of RE/MAX Advantage Plus

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Maggie Trenary shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 7:21 AM UTC, 11/22/2024

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