Shakopee, MN 55379,421 1st AVE E
Shakopee, MN 55379,421 1st AVE E
Shakopee, MN 55379,421 1st AVE E
Shakopee, MN 55379,421 1st AVE E
Shakopee, MN 55379,421 1st AVE E
Shakopee, MN 55379,421 1st AVE E
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$850,000

$900,000

5.6%
Est.Price: ?

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Est. payment /mo

8,712 Sqft Lot


SOLD DATE : 09/09/2020

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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Listed by RES Realty
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