11972 Portland Avenue Burnsville, MN 55337
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.
- Property TypeCommercial
- NeighborhoodMn Valley Town Office Park
- CountyDakota
- Taxes$12,600
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID Number6601815
- Home Size Source N/A
- Year Built2002
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 11972 Portland Avenue Burnsville, MN 55337
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General Features
- Construction Stucco
- Parking Detached
- Basement Finished
- Zoning Business/Commercial
- Property Sub Type Business
- Garage Spaces 1
- Contingency None
- Sewer City Sewer - In Street
- Water City Water/ Connected
Interior Features
- Cooling Central Air
- Heating Forced Air
- Appliances None
Exterior Features
- Construction Details Brick/ StoneStucco
Community Features
- Association Amenities Fire Sprinkler System