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$699,000

  • For Sale
  • Active
  • Commercial
  • 4,125 Sq. Ft.
  • 0.1 Acres
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This approximately 4,125 SF commercial building offers a versatile opportunity in the heart of downtown Shakopee and is available for sale or for lease. The property features a welcoming storefront entrance along 1st Avenue along with rear access for added convenience, making it well suited for retail, office, or creative mixed-use concepts. The building also includes approximately 667 SF of warehouse space with a drive-in door, providing valuable flexibility for storage, operations, or light industrial use. Its downtown location benefits from consistent foot and vehicle traffic, while the flexible interior layout allows a variety of business types to thrive. Seller is open to Contract for Deed financing, creating an attractive opportunity for owner-users or investors seeking flexible acquisition terms.

Full Property Details for 230 1st Ave E

General

  • Price: $699,000
  • Taxes: $7,944 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7020054
  • Updated: 3/10/2026
  • Added to Site: 51 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Scott
  • Township: Shakopee
  • Subdivision: City Of Shakopee
  • Driving Directions: Take the County Road 101 exit into downtown Shakopee, where it becomes 1st Ave E. Continue straight past Holmes St S, and 230 1st Ave E will be on your right in the downtown district.

School Information

  • School District: 2235 - Shakopee
  • High School District: Shakopee

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

Structural Information

  • Foundation Size: 4125
  • Roof: Flat
  • Disability Access: None
  • Square Feet: 4,125
  • Finished Down/Base.: 4,125 Sq. Ft.
  • Current Bldg. Use: Office, Vacant
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Dimensions: 33 x 142
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Potential Use: Office, Other, Retail
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $7,944
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME CITY OF SHAKOPEE LOT 007 BLOCK 024 SUBDIVISIONCD 27001 W1/2 & N 101' OF W 3' OF E 30'
  • Inclusions: Building
  • Property ID: 270011840

Listed by eXp Realty

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— 230 1st Ave E —

  • eXp Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

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

Schools serving 230 1st Ave E

School District:Shakopee Public School District
NameGradesDistance
Eagle Creek Elementary School
6855 Woodward Avenue, Shakopee, MN 55379
K-55.1 mi
Shakopee West Junior High School
200 10th Avenue East, Shakopee, MN 55379
6-80.8 mi
Shakopee Senior High School
100 17th Avenue West, Shakopee, MN 55379
9-121 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 230 1st Ave E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$699,000
-17.76%
MLS
2/11/2026
Listed
$850,000
102.38%
MLS
7/31/2020
Sold
$420,000
—
Public Record
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 230 1st Ave E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,922
30%
$345,500
—
2023
$6,090
-1%
$345,500
30%
2022
$6,146
27%
$265,700
10%
2021
$4,854
-5%
$241,500
17%
2020
$5,128
—
$206,500
3%
2020
$5,128
9%
$201,300
10%
2019
$4,722
5%
$183,700
5%
2018
$4,500
-6%
$175,000
7%
2017
$4,772
14%
$163,900
15%
2016
$4,198
4%
$142,500
—
2015
$4,054
—
$142,500
6%
2014
$4,036
-1%
$135,000
—
2013
$4,060
—
$135,000
—
View All
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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NMLS#: 1598647

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Listed by eXp Realty

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230 1st Avenue E, Shakopee, MN 55379 (MLS# 7020054) is a Commercial property. 230 1st Avenue E is currently listed for $699,000 and was received on February 11, 2026. Want to learn more about 230 1st Avenue E? Do you have questions about finding other Commercial real estate for sale in Shakopee? You can browse all Shakopee real estate or contact a Coldwell Banker agent to request more information.

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