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4-Suite Office Building
For Sale
$495,000

602 N Jackson Avenue, Springfield, MN 56087

Commercial Sale, Springfield, MN

Property SizeContact for details
Lot Size0.59 Acres
Days on Market84

Property Features for 602 N Jackson Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Driveway, Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Schwarzrock 5th Add
Lot features Corner Lot
High school district Springfield
Directions From Hwy 14 in Springfield, turn north onto Jackson Ave then go 2 blocks and property is on corner of Jackson and Maple
Standard status Active
APN 00327001101010
Lot size 0.59 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14094

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1959
Building materials Frame
Roof type Rubber, Flat
Listing Agency: Kerkhoff Auction & Real Estate
Listed By: Valerie Jean Stephens
Added: Jul 24 Changed: Oct 8 Last Checked: Oct 15 at 1:06AM
MLS# 7115720

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This frame office property contains four commercial spaces, all currently leased. The building dates to 1959 and includes a basement, forced-air heating, central air conditioning, and an accessible ramp approach. A 2015 addition expanded the building, with furnaces installed in 2024 and a roof replacement completed in 2009.

The property occupies a 0.593-acre corner lot in Springfield, Minnesota, with a dedicated parking lot. Its four leased spaces, on-site parking, and building updates form the core of the offering.

Key Highlights

  • Four commercial spaces, all leased
  • 0.593‑acre corner parcel with a dedicated parking lot
  • 2015 building addition

Property Analytics

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Current Use

Avera Medical Group ... Physician Avera Medical Group: ... Physician Buntrock Chris MD Physician Roger Pabst Physician Orthopaedic And Fracture Clinic Medical Clinic

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office (Bike/Boat/Book/etc) Store Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - All four commercial spaces are leased, providing an existing rental configuration.
Where is this office building located?
The property is located at 602 N Jackson Avenue Springfield, MN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four commercial spaces, all leased; 0.593‑acre corner parcel with a dedicated parking lot; 2015 building addition
More about this property
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