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$430,000

  • Sold
  • Closed
  • Business
  • 3,049 Sq. Ft.
  • 0.07 Acres
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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.

Full Property Details for 11970 Portland Ave

General

  • Sold For: $430,000
  • Taxes: $9,524 (2024)
  • Status: Closed
  • Type: Business
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6559714
  • Added to Site: 645 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

School Information

  • School District: 191 - Burnsville-Eagan-Savage
  • High School District: Burnsville-Eagan-Savage

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate

Financial Considerations

  • Tax Amount: $9,524
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: 9 1 CIC #383 MN VALLEY TOWN OFFICE PARK UNIT #9 & INT ATTRIBUTABLE TO COMMON AREA BEING LOT 10 BLK 1
  • Inclusions: Fixture/Equipment
  • Property ID: 24870001090

Listed by RE/MAX Advantage Plus
Sold by RE/MAX Advantage Plus

Listing agents

— 11970 Portland Ave —

  • RE/MAX Advantage Plus

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 11970 Portland Ave

School District:Burnsville-Eagan-Savage School District 191
NameGradesDistance
Sky Oaks Elementary School
100 East 134th Street, Burnsville, MN 55337
K-51.8 mi
Nicollet Junior High School
400 East 134th Street, Burnsville, MN 55337
6-81.8 mi
Burnsville Senior High School
600 Highway 13 West, Burnsville, MN 55337
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11970 Portland Ave

Date
Details
Price
Change
Source
9/06/2024
Sold
$430,000
-2.25%
MLS
6/28/2024
Listed
$439,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Advantage Plus
Sold by RE/MAX Advantage Plus

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9451 138th St W, Savage, MN 55378 - Photo 1 Just Listed
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9451 138th St W  Savage, MN 55378

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Price Reduced near 11970 Portland Ave

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7600 157th St W, Apple Valley, MN 55124 - Photo 1 Price Reduced
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7624 157th St W, Apple Valley, MN 55124 - Photo 1 Price Reduced
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15816 Fleet Trail, Apple Valley, MN 55124 - Photo 1 Price Reduced
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Recent Sales near 11970 Portland Ave

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481 Meadowood Ln, Burnsville, MN 55337 - Photo 1 Sold
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481 Meadowood Ln  Burnsville, MN 55337

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12809 Portland Ave, Burnsville, MN 55337 - Photo 1 Sold
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12809 Portland Ave  Burnsville, MN 55337

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 3,037
    Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Pemberton RE

11970 Portland Avenue, Burnsville, MN 55337 (MLS# 6559714) is a Business property that was sold at $430,000 on September 06, 2024. Want to learn more about 11970 Portland Avenue? Do you have questions about finding other Business real estate for sale in Burnsville? You can browse all Burnsville real estate or contact a Coldwell Banker agent to request more information.