For Sale: Springfield MLS# 7079886
Active
NEW!
$175,000
Commercial: 2 Stories
Built 1920
0.083 acres
Springfield schools
MLS# 7079886
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Property Description
Prime downtown commercial opportunity with endless potential! This high-visibility property offers approximately 2, 268 sq. ft. of main-level commercial space ideally suited for retail, office, restaurant, boutique, or service-based business use. Located in the heart of downtown Springfield, the property benefits from excellent traffic counts, strong visibility, and easy access for customers and clients alike. Above the commercial space is a spacious upper-level 2-3 bedroom apartment, offering comfortable living with scenic downtown views and providing excellent income-producing potential or owner-occupant flexibility. The full basement provides ample storage space. In addition to the real estate, there is also the opportunity to purchase a well-established turnkey business that has successfully served the community for many years, making this an exceptional investment opportunity for entrepreneurs and investors alike. Whether you are looking to expand your business, invest in mixed-use property, or take advantage of a proven business location, this property delivers outstanding potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$175,000
Property Type:
Commercial
City:
Springfield
Garage Spaces:
0
County:
Brown
Year Built:
1920
State:
MN
Property Style:
2 Stories
Zip Code:
56087
Subdivision Name:
Original Plat/Springfield
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,268 ft2
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
City Street
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.083
Geolocation:
44.239269, -94.975013
Inclusions:
Building
Lot Dimensions:
0.083
Zoning:
Business/Commercial
Schools
School District:
85
District Phone:
5077234283
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,000
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,040
Units
Total Units:
1
Miscellaneous
Current Use:
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Reiner Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.