$850,000
$900,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
421 1st AVE E Shakopee, MN 55379
8,712 Sqft Lot
Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision City Of Shakopee
MLS Listing ID 5563315
Sold Date 09/09/20
Year Built 1967
Annual Tax Amount $14,674
Tax Year 2019
Contingent None
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 142x60
Property Description
Rare opportunity for owner occupant or investor. Well maintained building in the heart of downtown Shakopee. Tons of traffic, and great street frontage/ signage. Recent capital improvements include new roof (2020), updated plumbing (2020), updated electrical (2020). High demand 1 BR apartments with many big employers near by including Amazon, My Pillow, and many more. Opportunity to increase rent on some units to increase investment value.
Location
State MN
County Scott
Zoning Business/Commercial
Rooms
Basement Egress Window(s), Walkout
Interior
Heating Baseboard, Forced Air
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Parking Features Paved
Utilities Available Heating Common
Roof Type Age 8 Years or Less, Flat
Present Use Professional Service, Residential
Building
Story Three Or More
Foundation 2608
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone
Schools
School District Shakopee
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