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11972 Portland Avenue
Burnsville MN 55337 US

$529,900

Active Listing ID 6601815
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Lot: 0.06 Acres
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Other

$529,900

Active Listing ID 6601815
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11972 Portland Avenue Exceptional opportunity, a ranch-style office condo divided into two units, each with separate entries, perfect for business owners looking to own their own space instead of renting. This setup not only offers independence but also the potential to subsidize mortgage payments through rental income. For investors, this property is a dream come true, boasting a potential cap rate of over 13% based on current market rents. Strategically located with effortless access to major highways and transportation hubs, it ensures convenience for tenants and maximum visibility for businesses. Whether you're looking to secure your business's future or expand your investment portfolio, this property promises both stability and significant returns. Don’t miss out on this prime opportunity – schedule your viewing today and take the next step towards owning a lucrative piece of real estate.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick/Stone, Stucco
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 529900
  • unparsedaddress: 11972 Portland Avenue
  • postalcity: Burnsville
  • stateorprovince: MN
  • country: US
  • postalcode: 55337
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.057
  • lotsizeunits: Acres
  • lotsizearea: 0.057
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.788665
  • longitude: -93.267529
  • listagentfullname: Nematullah G. JanetKhan
  • listagentemail: nemat@janetkhangroup.com
  • listagentkey: 3yd-RMLSMN-502010044
  • listagentmlsid: 502010044
  • listagentpreferredphone: 9524513053
  • listagentofficephone: 9522267700
  • listofficekey: 3yd-RMLSMN-80261
  • listofficemlsid: 80261
  • disclaimer: Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 2002
  • listingcontractdate: 2024-09-16
  • listagenturl: https://www.therealestateadvantage.com/
  • countyorparish: Dakota
  • parcelnumber: 024870001080
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Brick/Stone, Stucco
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.26753, 44.788666
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Advantage Plus", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nemat@janetkhangroup.com", "ListBrokerageCity":"Savage", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kate.osborn@therealestateadvantage.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/30b31fe199b511dfbad600219b9aa4d8/20231106200953586.png", "ListBrokerageName":"RE/MAX Advantage Plus", "ListBrokeragePhone":"(952) 226-7700", "ListBrokeragePostalCode":"55378", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"13875 Highway 13 South", "ListBrokerageWebsiteUrl":"https://www.therealestateadvantage.com/", "ListOfficeAddress1":"13875 Highway 13 South", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Savage", "ListOfficeCountry":"US", "ListOfficeEmail":"kate.osborn@therealestateadvantage.com", "ListOfficePostalCode":"55378", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Burnsville, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6601815/?channel=rexren", "MLSModificationTimestamp":"2024-09-16T11:45:16Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12600, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:08:58 AM GMT
Source Updated Date: 11/27/2024 6:53:58 AM GMT

Courtesy of: Nematullah G. JanetKhan, RE/MAX Advantage Plus, nemat@janetkhangroup.com

Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.