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$310,000

  • Sold
  • Closed
  • Commercial
  • 2,644 Sq. Ft.
  • 0.042 Acres
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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.

Full Property Details for 2424 E 117th St

General

  • Sold For: $310,000
  • Taxes: $6,976 (2025)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6801894
  • Added to Site: 86 day(s) ago

Parking

  • Parking Features: Guest Parking, Parking Lot, Paved Lot

School Information

  • School District: 931 - Burnsville-Eagan-Savage
  • High School District: Burnsville-Eagan-Savage

Heating & Cooling

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

Utilities

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

Financial Considerations

  • Operating Expenses: $7,660
  • Tax Amount: $6,976
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Other, See Remarks, Taxes
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: CLIFF COVE TOWN OFFICE PARK 12 1 COMMON AREA KNOWN AS LOT 17 BLK 1 & ALL OF LOT 12 BLK 1 SUBJ TO CIC #312
  • Inclusions: Building
  • Property ID: 21781501120

Listed by Re/Max Advantage Plus
Sold by RE/MAX Results

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— 2424 E 117th St —

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Schools serving 2424 E 117th St

School District:Burnsville-Eagan-Savage School District 191
NameGradesDistance
Burnsville Senior High School
600 Highway 13 West, Burnsville, MN 55337
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2424 E 117th St

Date
Details
Price
Change
Source
12/10/2025
Sold
$310,000
-3.12%
MLS
10/24/2025
Listed
$320,000
—
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 Results

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2424 E 117th Street, Burnsville, MN 55337 (MLS# 6801894) is a Commercial property that was sold at $310,000 on December 10, 2025. Want to learn more about 2424 E 117th Street? Do you have questions about finding other Commercial real estate for sale in Burnsville? You can browse all Burnsville real estate or contact a Coldwell Banker agent to request more information.