Property summary
This exceptional commercial opportunity encompasses two buildings totaling 4,000 square feet on a 0.04-acre lot in the heart of downtown Springfield, Minnesota. The main building boasts a versatile open floor plan ideal for a variety of businesses, complemented by convenient upstairs living quarters and an attached garage. This provides an owner-operator with the flexibility of living above their business or the option to lease the residential space for additional income. The adjoining building, also single-story, features a central split wall, offering further adaptability for different business needs or potential subdivision. The sale includes both buildings, presenting a unique chance to acquire a substantial footprint in a thriving downtown area. The property's high visibility storefront ensures excellent exposure to foot traffic and passing vehicles. This is a turnkey opportunity for an entrepreneur seeking a well-established presence in a vibrant community. The property includes parcels R003.000.009.04.040 and R003.000.009.04.042, ensuring clear and complete ownership. Don't miss this chance to own a significant piece of Springfield's commercial landscape. The asking price is $249,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.