2424 117TH STREET
2424 117th Street, Burnsville, 55337, MN
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Price: $320,000
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Status type: For Sale
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City: Burnsville
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Neighborhood: Cliff Cove Town Office Park
Bedrooms: 0
Property Size :0
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Listing Agent: NST16224,NST108018
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Property type : Office
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Zip code: 55337
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Street: 2424 117th Street
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Street: 2424 117th Street
Bathrooms: N/A
Year: 2001
Listing Brokerage: RE/MAX Advantage Plus
FEATURES
- Gas Water Heater
DETAILS
Great investment opportunity, easy to manage. Chiropractic office has been located in this current location since the building was constructed in 2001. The previous owners of the Chiropractic office sold the business to the new owners, they have leased the previous 3 years and have just signed a new 2 year lease. This is both a great cash on cash investment with a return over 9% along with a high cap rate over 10%. The HOA is well run and the reserve fund is in great shape. A majority of the units are owner occupied, and the buildings and grounds are well maintained. If you are looking for a real estate investment that is very easy to manage this is it.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: Daylight/Lookout Windows, Drain Tiled, Finished, Storage Space, Sump Basket, Sump Pump,
Appliances Included:
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- Gas Water Heater
EXTERIOR
Air Conditioning: Central Air,Zoned
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1344ft²
Unit Amenities:
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Heating System:
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- Forced Air
LOT
Acres: N/A
Lot Size Dim.: 28x66
Longitude: 44.7943
Latitude: -93.2413
Zoning: Business/Commercial
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $6,976
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7813643
Listing Brokerage: RE/MAX Advantage Plus
ID: 4240954
Published: October 24, 2025
Last Update: October 24, 2025
Views: 1
