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$54,000 -$1,000 (-1.82%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 2,400 Sq. Ft.
  • 0.143 Acres
  • Updated 3 days ago
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This versatile 2,400 sq. ft. commercial building in the heart of downtown offers endless potential for your business vision. With a history of serving as both a medical office and a mechanic shop, the fairly open interior provides flexibility to adapt the space to your needs. The building is freestanding with durable metal siding and a metal roof, and it features central air and forced air heat for year-round comfort. A 9' x 12' sliding garage door with alley access adds convenience, while inside you'll find a sectioned-off kitchen area and a half bathroom. Positioned among other downtown businesses, this property benefits from excellent visibility and steady foot traffic-making it an ideal spot to bring your entrepreneurial plans to life. Don't miss this opportunity to establish your business in a great location with the space, visibility, and potential to grow.

Full Property Details for 121 W Saxon St

General

  • Price: $54,000
  • Taxes: $804 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6773299
  • Updated: 1/26/2026
  • Added to Site: 157 day(s) ago

Interior

  • Flooring: Concrete Slab

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: On-Street Parking Only

Location

  • County: Lincoln
  • Township: Ivanhoe
  • Driving Directions: From Hwy 19, turn north on to N Sherwood St. Then right on to W Saxon. Building is on the north side next to Panka Insurance building.

School Information

  • School District: 1620 - Ivanhoe
  • High School District: Ivanhoe

Heating & Cooling

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

Utilities

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

Structural Information

  • Foundation Size: 2400
  • Roof: Metal
  • Disability Access: Grab Bars In Bathroom, No Stairs External, No Stairs Internal
  • Square Feet: 2,400
  • Finished Down/Base.: 2,400 Sq. Ft.
  • Current Bldg. Use: Professional/Office, Office, Professional Service
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.143
  • Lot Dimensions: 50 x 130
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Potential Use: Office, Professional Service, Retail, Service Station, Medical/Dental
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $804
  • Tax Year: 2024
  • Terms: Conventional, VA, FHA, Cash, USDA

Disclosures and Reports

  • Legal Description: LOTS 15 & 16
  • Inclusions: Building
  • Property ID: 180137000

Listed by Edina Realty, Inc.

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Listing agents

— 121 W Saxon St —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 121 W Saxon St

School District:Ivanhoe Public School District
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 121 W Saxon St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$54,000
-1.82%
MLS
11/03/2025
Price Reduced
$55,000
-4.35%
MLS
10/21/2025
Price Reduced
$57,500
-4.17%
MLS
8/25/2025
Listed
$60,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 121 W Saxon St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$754
-15%
$26,000
3%
2023
$888
-13%
$25,300
—
2022
$1,020
2%
$25,300
—
2021
$1,000
-10%
$25,300
—
2020
$1,110
-1%
$25,300
—
2019
$1,126
-6%
$25,300
100%
2016
$1,198
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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121 W Saxon Street, Ivanhoe, MN 56142 (MLS# 6773299) is a Commercial property. 121 W Saxon Street is currently listed for $54,000 and was received on August 25, 2025. Want to learn more about 121 W Saxon Street? Do you have questions about finding other Commercial real estate for sale in Ivanhoe? You can browse all Ivanhoe real estate or contact a Coldwell Banker agent to request more information.

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