11972 Portland Avenue Burnsville, MN 55337

$529,900
3,889
SQFT
136
$/SQFT
$529,900
3,889   sf
$136 / sf
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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.

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.

  • Neighborhood
  • Type
  • County
    Dakota
  • Tax Amount
    $12,600
  • Status
    Active
  • Listing #
    6601815
  • Built
    2002
  • Listed on site
    31 days

Listed by:
RE/MAX Advantage Plus

© 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Listing courtesy of RE/MAX Advantage Plus. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Last Updated: 10/01/2024 06:37
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School Info

  • school district191

Property details

Community Features

  • No HOA

Property Features

  • Gas Utilities

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
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