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$247,500 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,616 Sq. Ft.
  • 2 Car Garage
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Prime Development Opportunity in Downtown Shakopee! Don't miss this excellent corner lot located at Bluff Avenue and Market Street in the heart of Shakopee. With over ½ acre (159x142), alley access, and great visibility, this site offers endless potential. Zoned B-1 Highway Business, the property allows for a wide variety of uses. Possibilities include multi-family housing with potential for up to 30 units and building heights up to 45 feet, mixed-use development combining residential with retail or office space, or office and medical buildings. Businesses will also benefit from the highly visible and easily accessible location. The property currently features a small older home in need of repair, a garage, and established utility access. With its size, zoning flexibility, and prime downtown location, the true value is in the land and its development potential. Bring your business, development, or multi-family ideas to this outstanding site and take advantage of one of Shakopee's most versatile opportunities!

Full Property Details for 720 Bluff Ave E

General

  • Price: $247,500
  • Taxes: $2,406 (2025)
  • Status: Contingent
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6780238
  • Updated: 2/10/2026
  • Added to Site: 183 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Scott
  • Township: Shakopee
  • Subdivision: East Shakopee
  • Driving Directions: Marschall Rd South to 1st Ave, West to Market St, North to Bluff

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Partially Finished
  • Foundation Size: 620
  • Disability Access: Other
  • Square Feet: 1,616
  • Above Ground: 1,292 Sq. Ft.
  • Below Ground: 324 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Dimensions: 159 x 142
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $2,406
  • Tax Year: 2025
  • Terms: Conventional Rehab, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME EAST SHAKOPEE LOT 009 BLOCK 008 SUBDIVISIONCD 27004 & 10 & W2/3 OF LOT 8
  • Property ID: 270040580

Listed by RE/MAX Advantage Plus

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— 720 Bluff Ave E —

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Schools serving 720 Bluff Ave E

School District:Shakopee Public School District
NameGradesDistance
Eagle Creek Elementary School
6855 Woodward Avenue, Shakopee, MN 55379
K-54.9 mi
Shakopee West Junior High School
200 10th Avenue East, Shakopee, MN 55379
6-80.9 mi
Shakopee Senior High School
100 17th Avenue West, Shakopee, MN 55379
9-121.1 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 720 Bluff Ave E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2025
Price Reduced
$247,500
-10%
MLS
8/28/2025
Listed
$275,000
—
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 720 Bluff Ave E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,420
—
$255,200
3%
2024
$2,420
-11%
$247,500
4%
2023
$2,722
9%
$238,100
-9%
2022
$2,502
19%
$261,000
24%
2021
$2,102
-6%
$211,100
27%
2020
$2,230
—
$166,372
-16%
2020
$2,230
4%
$197,900
31%
2019
$2,134
16%
$150,700
21%
2018
$1,832
7%
$125,000
4%
2017
$1,718
5%
$119,800
10%
2016
$1,636
23%
$109,400
6%
2015
$1,334
14%
$103,000
26%
2014
$1,166
-5%
$81,600
-1%
2013
$1,228
—
$82,300
—
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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720 Bluff Avenue E, Shakopee, MN 55379 (MLS# 6780238) is a Single Family property with 3 bedrooms and 1 full bathroom. 720 Bluff Avenue E is currently listed for $247,500 and was received on August 28, 2025. Want to learn more about 720 Bluff Avenue E? Do you have questions about finding other Single Family 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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