12385 Ottawa Ave, Savage, MN 55378
This exceptional retail property, located at 12385 Ottawa Ave in Savage, Minnesota (zip code 55378), offers two available suites totaling 1,512 square feet within a newly renovated (2023) building. Situated in the desirable Old Town Savage/Burnsville submarket of the Minneapolis Twin City Area, this property presents a unique opportunity for salon, barber, nail, or hair businesses. The building itself is a single, two-story structure situated on one acre of land in Scott County. Each suite offers flexibility, with a minimum divisible space of 662 square feet and a maximum contiguous space of 850 square feet. Currently, the entire 1,512 square feet is vacant, providing a blank canvas for a new tenant or the opportunity to lease both suites to separate businesses. The property's location within the vibrant Old Town Savage/Burnsville area ensures high visibility and accessibility to a strong customer base. This is an ideal location for businesses seeking a well-maintained, modern space in a thriving community. The property's recent renovation ensures modern amenities and a move-in ready condition. Don't miss this chance to establish your business in this prime retail location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.