$310,000

2424 E 117th Street, Burnsville MN, 55337

Price per sqft$117.25

Built in2001

Property size2,644 sqft

Property typeCommercial

Courtesy of Re/Max Advantage Plus, Steve McDonald Listing Contact:

Overview

Sold

Listed Oct 24, 2025

Updated May 8

Great investment opportunity, easy to manage. A chiropractic clinic has been located in this location since the building was constructed in 2001. The previous owners of the clinic sold the business to the current owners who have leased the past 3 years and have signed a new 2 year lease. This is both a great cash on cash investment with a return over 9% and a high cap rate over 10%. The HOA is well run and the reserve fund is in great shape. A majority of the units are owner occupied, and the buildings and grounds are well maintained. If you are looking for a real estate investment that is very easy to manage with a nice return this is it.

Additional information

MLS^® ID: 6801894

Interior Features

Bedrooms: 0
Bathrooms: 2
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.04 Acres

Other Property Details

Taxes: $6,976
Tax Frequency: Annually

Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 11:36 PM UTC on 5/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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