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    2424 E 117Th St Burnsville, MN 55337

    Pending
    For Sale
    $320,000

    Commercial - Burnsville, MN

    Lot size:
    0.04 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 2424 E 117Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Business/Commercial
    APN
    021781501120
    Parking features
    Guest, Parking Lot, Paved or Surfaced
    Exterior features
    Brick Veneer, Fiber Board
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    2001
    Flooring type
    Carpet, Tile
    Building materials
    Block, Frame
    Architectural style
    Other

    RE/MAX Advantage Plus (952) 226-7700 [email protected]

    Listing agent Steve McDonald (952) 226-7700

    Listing date Nov 6, 2025

    MLS# 6801894 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burnsville Commercial Investment Opportunity

    This commercial property in Burnsville, Minnesota, presents an investment opportunity with an established chiropractic clinic as a tenant. The clinic has operated at this location since the building's construction in 2001. The previous clinic owners sold the business to the current owners, who have leased the space for the past three years and have recently signed a new two-year lease. The property is located within a well-managed Homeowners Association (HOA) with a healthy reserve fund. The buildings and grounds are well-maintained, with a majority of the units being owner-occupied. The lot size is 0.042 acres. The zoning is designated for Business/Commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Teresa A. Buechel, LAC Acupuncture Clinic Lecander Howard DC Chiropractor Christine I. Lynch, ... Chiropractor Kristina M. Fruechtl, ... Chiropractor Kari J. Mcdonald, ... Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.241277
    Latitude
    44.794324

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    FAQs

    What type of property is this?
    Medical office - Commercial property in Burnsville, MN with established tenant.
    Where is this medical office located?
    The property is located at 2424 E 117Th St Burnsville, MN.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - High cap rate (over 10%) and cash-on-cash return (over 9%) make this a lucrative investment.; - Existing tenant (chiropractic clinic) provides immediate income with a new 2-year lease.; - Easy to manage investment property.
    (952) 226-7700
    Request Owner's contact information
    2424 E 117Th St Burnsville, MN 55337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2424 E 117Th St Burnsville, MN 55337
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