18 E Central St - Storefront Retail/Residential FOR SALE


Springfield, MN 56087
$175,000 USD
507-723-5233
18 E Central St, Springfield, MN for Sale
$175,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

18 E Central St
Springfield, MN 56087


HIGHLIGHTS

  • Attractive downtown storefront with strong street presence on Central St
  • Large display windows provide excellent visibility and natural light
  • Prominent signage band above storefront enhances branding exposure
  • Established retail location currently operating as a paint & home décor shop

OVERVIEW

Prime downtown commercial opportunity with endless potential! This high-visibility property offers approximately 2,268 sq. ft. of main-level commercial space ideally suited for retail, office, restaurant, boutique, or service-based business use. Located in the heart of downtown Springfield, the property benefits from excellent traffic counts, strong visibility, and easy access for customers and clients alike. Above the commercial space is a spacious upper-level 2-3 bedroom apartment, offering comfortable living with scenic downtown views and providing excellent income-producing potential or owner-occupant flexibility. The full basement provides ample storage space. In addition to the real estate, there is also the opportunity to purchase a well-established turnkey business that has successfully served the community for many years, making this an exceptional investment opportunity for entrepreneurs and investors alike. Whether you are looking to expand your business, invest in mixed-use property, or take advantage of a proven business location, this property delivers outstanding potential.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime downtown commercial opportunity!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Business / Commercial

APN/PARCEL ID

00300001009094

ASK ABOUT THIS PROPERTY

Amanda FrankReiner Real EstateMore Info
507-723-5233

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Amanda FrankReiner Real EstateMore Info
507-723-5233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.