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    123 W 2Nd Ave Shakopee, MN 55379

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    For Sale
    $1,895,000

    13360 SF building with large parking lot in downtown Shakopee.

    Property size:
    16,688 SF
    Lot size:
    0.73 Acres

    Property Features for 123 W 2Nd Ave

    General Information

    Size
    16,688 SF
    Lot size
    0.73 Acres

    Source: Kubes Realty Agent Randy Kubes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Shakopee Building For Sale

    This 13360 square-foot building is located in downtown Shakopee. It features 10 to 13-foot high ceilings and an open floor plan. The property is zoned B-3 and includes a large parking lot. The building offers possibilities and potential for various business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Shakopee Florist

    Location Insight

    • Map
    • Local Demand
    City
    Shakopee
    County
    Scott
    State
    Minnesota
    Longitude
    -93.5274816
    Latitude
    44.7978231

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    FAQs

    What type of property is this?
    Storefront property - 13360 SF building with large parking lot in downtown Shakopee.
    Where is this storefront property located?
    The property is located at 123 W 2Nd Ave Shakopee, MN.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Large 13360 sf building; - Downtown Shakopee location; - Large parking lot
    (612) 599-7440
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    123 W 2Nd Ave Shakopee, MN 55379
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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
    123 W 2Nd Ave Shakopee, MN 55379
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