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Active NEW!
$275,000
/mo Edit
Single Family:  1.5 Stories
3 br • 1 ba • Built 1900
1,616 sqft • 0.52 acres
Shakopee schools
MLS# 6780238
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    Property Description

    Prime Development Opportunity in Downtown Shakopee! Don’t miss this excellent corner lot located at Bluff Avenue and Market Street in the heart of Shakopee. With over ½ acre (159x142), alley access, and great visibility, this site offers endless potential. Zoned B-1 Highway Business, the property allows for a wide variety of uses. Possibilities include multi-family housing with potential for up to 30 units and building heights up to 45 feet, mixed-use development combining residential with retail or office space, or office and medical buildings. Businesses will also benefit from the highly visible and easily accessible location. The property currently features a small older home in need of repair, a garage, and established utility access. With its size, zoning flexibility, and prime downtown location, the true value is in the land and its development potential. Bring your business, development, or multi-family ideas to this outstanding site and take advantage of one of Shakopee’s most versatile opportunities!

    Listing

    Contingency: None
    Price per sq ft: $170
    City: Shakopee
    County: Scott
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55379
    Subdivision Name: East Shakopee

    Interior

    Living Area: 1,616 ft2
    Common Wall: No
    Basement Details: Partially Finished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Size: 396 ft2
    Air Conditioning: None
    Foundation Size: 620 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Detached
    Exterior Material: Fiber Board
    Pool: None

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath

    Lot & Land

    Acres: 0.52
    Geolocation: 44.800433, -93.517851
    Lot Dimensions: 159 x 142
    Zoning: Business/Commercial

    Schools

    School District: 720
    District Phone: 952-496-5006

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,406
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,406
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.