2412 E 117th St
Burnsville, MN 55337

Description

Great investment opportunity, main level has been rented out for the last 9 years. Office out of the lower level or rent out the lower level unit and let it cash flow. Both levels have kitchennettes/conference rooms and offices. Offices are large enough to rent out as individual offices. Association is in very strong financial position with newer roofs and siding. Updates incluse freshly painted lower level, new carpet in main level being installed shortly, new A.C unit in 2013. Main level is rented with monthly rents at $1925/month, lower level tenant just moved out because they retired and rents for them were $1250/month. This is a great opportunity on many different levels for an investor or someone looking for an office space.

Details

MLS#5212873
Sub-TypeResale
StatusActive
Year2000
Days On Site12

Features

SQ Feet2,464
Story(s)1
Units2
ZoningBusiness/Commercial

Market Activity 55337

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Area Information

StateMN
CountyDakota
CityBurnsville
Zip Code55337
AreaBurnsville (MN)
Listing VS Median (in 55337)
Price:
$265,000
low | high
Med:
$285,000
42.452830188679% of Average
SqFt:
2,464
low | high
Med:
1,870
74.107142857143% of Average
$ / SqFt:
$108
low | high
Med:
$157
4.206236197138% of Average
On Site:
12
low | high
Med:
28
42.857142857143% of Average
Listing Updated: 04/22/2019
MLS Number: 5212873
Listing Provided By:
Stephen McDonald  of  RE MAX Advantage Plus
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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