Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$247,500

  • For Sale
  • Active
  • Lots/Land
  • 0.52 Acres
See This Home
Save This Home
See This Home
Save This Home
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

General

  • Price: $247,500
  • Taxes: $2,406 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6780412
  • Updated: 1/1/2026
  • Added to Site: 143 day(s) ago

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

Utilities

  • Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Lot Features

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

Financial Considerations

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

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME EAST SHAKOPEE LOT 009 BLOCK 008 SUBDIVISIONCD 27004 & 10 & W2/3 OF LOT 8
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Platted

Listed by RE/MAX Advantage Plus

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 720 Bluff 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

Get a Great Insurance Rate

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!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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 720 Bluff Ave

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 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

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.

Estimate the Cost for 720 Bluff Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Advantage Plus

Similar Properties near 720 Bluff Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4311 Deere Trl, Chaska, MN 55318 - Photo 1
$245,000

4311 Deere Trl  Chaska, MN 55318

  • Lots/Land
  • Active
  • Updated 12 days ago
  • 0.25
    Acres
Listed by DDK Real Estate Company LLC

Just Listed near 720 Bluff Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1976 Clover Ridge Dr, Chaska, MN 55318 - Photo 1 Just Listed
$279,900

1976 Clover Ridge Dr  Chaska, MN 55318

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,584
    Sq. Ft.
Listed by RE/MAX Results
4311 Deere Trl, Chaska, MN 55318 - Photo 1 Just Listed
$975,000

4311 Deere Trl  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 3,875
    Sq. Ft.
Listed by DDK Real Estate Company LLC
561 Dresden Dr, Chaska, MN 55318 - Photo 1 Just Listed
$405,000

561 Dresden Dr  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,936
    Sq. Ft.
Listed by National Realty Guild
3110 N Chestnut St, Chaska, MN 55318 - Photo 1 Just Listed
$300,000

3110 N Chestnut St  #209  Chaska, MN 55318

  • Condo
  • Active
  • Updated 1 day ago
  • 1
    Bed
  • 1
    Total Bath
  • 1,086
    Sq. Ft.
Listed by Keller Williams Premier Realty Lake Minnetonka

Price Reduced near 720 Bluff Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1737 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
-$10,000 (-1.48%)
$665,000
Open House

1737 Oak creek pass  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,084
    Sq. Ft.
Listed by D.R. Horton, Inc.
3866 Founders Path, Chaska, MN 55318 - Photo 1 Price Reduced
-$10,000 (-1.29%)
$764,999

3866 Founders Path  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,944
    Sq. Ft.
Listed by RE/MAX Results
1732 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
-$4,990 (-0.73%)
$675,000
Open House

1732 Oak creek pass  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 5
    Total Baths
  • 3,156
    Sq. Ft.
Listed by D.R. Horton, Inc.
1741 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
-$25,000 (-3.85%)
$625,000

1741 Oak creek pass  Chaska, MN 55318

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,776
    Sq. Ft.
Listed by D.R. Horton, Inc.

Recent Sales near 720 Bluff Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

624 Milwaukee Ct, Shakopee, MN 55379 - Photo 1 Sold
$262,000

624 Milwaukee Ct  Shakopee, MN 55379

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,140
    Sq. Ft.
Listed by RE/MAX Advantage Plus
Sold by Kubes Realty Inc
418 Roundhouse St, Shakopee, MN 55379 - Photo 1 Sold
$259,000

418 Roundhouse St  Shakopee, MN 55379

  • Townhouse
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,517
    Sq. Ft.
Listed by Compass
Sold by Cottage Realty
306 6th Ave W, Shakopee, MN 55379 - Photo 1 Sold
$241,000

306 6th Ave W  Shakopee, MN 55379

  • Single Family
  • Closed
  • 4
    Beds
  • 1
    Total Bath
  • 1,421
    Sq. Ft.
Listed and Sold by Kitty Oates
438 Sarazin St, Shakopee, MN 55379 - Photo 1 Sold
$272,000

438 Sarazin St  Shakopee, MN 55379

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,184
    Sq. Ft.
Listed by Good Move Realty
Sold by Chris Grimes

720 Bluff Avenue, Shakopee, MN 55379 (MLS# 6780412) is a Lots/Land property with a lot size of 0.52 acres. 720 Bluff Avenue is currently listed for $247,500 and was received on August 28, 2025. Want to learn more about 720 Bluff Avenue? Do you have questions about finding other Lots/Land real estate for sale in Shakopee? You can browse all Shakopee real estate or contact a Coldwell Banker agent to request more information.

Tour this property