For Sale: Savage MLS# 7008036
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Property Description
Great financial opportunity. Fully leased strip mall with long-term tenants and excellent payment history. Each unit has their own meter, HVAC unit, bathroom and exterior entrance. Unobstructed exposure to MN Hwy 13 with an average of 44, 000 vehicles per day. Please do not disturb tenants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,500,000
Property Type:
Commercial
City:
Savage
Garage Spaces:
0
County:
Scott
Year Built:
1982
State:
MN
Property Style:
1 Story
Zip Code:
55378
Subdivision Name:
Hansons 1st Add
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
19,489 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal, Other
Heating System:
Forced Air
Parking Features:
- Electric
- Paved Lot
Road Frontage:
City Street
Exterior Material:
Concrete
Roof Details:
- Age Over 8 Years
- Flat
- Rolled/Hot Mop
Lot & Land
Acres:
1.87
Geolocation:
44.778223, -93.335134
Inclusions:
Building
Lot Dimensions:
63 x 89 x 213 x 309 x 282 x 178
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
931
District Phone:
9527072000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$51,830
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$51,830
Income
Annual Gross Income:
$185,302
Rent
Annual Net Income:
$177,319
Units
Total Units:
10
Miscellaneous
Current Use:
- Other
- Restaurant
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
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 Chestnut Realty Inc.
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.