Mixed-Use Building with
New
For Sale
$175,000
18 E Central Street, Springfield, MN 56087
The 2,268-square-foot commercial level is complemented by an upper-floor residence and full basement storage.
Property Size6,804 SF
Price / SF$25.72
Days on Market5
Property Features for 18 E Central Street
General Information
Standard status
Active
Size
6,804 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Business Included
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Annual Taxes
$1,000
Building Details
Building Size
6,804 SF
Year Built
1920
Units
1
Listing Agency:
Reiner Real Estate
Listed By:
Amanda Frank
(507) 828-6238
Source:
Getyoumoved
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reiner Real Estate
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Investment Insights
Based on property information with market context.
Built in 1920, this mixed-use property at 18 E Central Street in downtown Springfield, Minnesota, combines 2,268 square feet of main-level commercial space with an upper-level apartment. The residence has two to three bedrooms, and a full basement provides additional storage. The property is zoned Business/Commercial.
A separate opportunity is available to purchase the established business operating at the property. The real estate and business are presented as distinct purchase components.
A separate opportunity is available to purchase the established business operating at the property. The real estate and business are presented as distinct purchase components.
Key Highlights
- 2,268 square feet of main‑level commercial space
- Upper‑level apartment with 2–3 bedrooms
- Full basement for storage
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
SUBWAY
Dining
1,899 visits/mo
0.3 miles
Cenex
Shops & Services
1,762 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
710 visits/mo
0.1 miles
Demographics for 56087, MN
3,026
Population
1,442
Households
2.1
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
146.1 sq mi
ZIP Area
21
Density / Sq Mi
$64,566
Median Household Income
$45,417
Median Earnings
$777
Median Rent
$139,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The 2,268-square-foot commercial level is complemented by an upper-floor residence and full basement storage.
Where is this mixed-use property located?
The property is located at 18 E Central Street Springfield, MN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,268 square feet of main‑level commercial space; Upper‑level apartment with 2–3 bedrooms; Full basement for storage
