Price $429,000
Status Active
Beds 3
Baths 1.75 Baths
Home size 1,193 sqft
Lot Size 7,057 sqft
Incredible mixeduse opportunity in Springfield, MN! This unique property includes two updated geothermal homes, a 44×88 commercial shop, and three city lots, all sold together as one versatile package. Perfect for investors, business owners, or anyone seeking a live work setup with multiple income streams. The commercial building features a freshly painted brick front, 200 amp electrical, multiple overhead doors, upper storage, and mixed commercial/residential zoning. Ideal for welding, auto work, or rental income. Both homes are updated and energy efficient with geothermal heating/cooling, modern siding, and 1.75 baths. One home is currently rented, providing immediate income. The three city lots offer ample parking, yard space, and future expansion potential. A rare chance to own a turnkey multi property package with exceptional flexibility and value. Property includes two tax parcels and a commercial building that crosses parcel lines. All parcels must be sold together. Property Taxes does not include the 2nd parcel ID Number and lot size.
Property Type(s): Single Family
Tract Paffrath & Schmid 1st Add Year Built 1915
Garage Spaces 1.0 County Brown

SCHOOLS

School District 85 - Springfield

Additional Details

AIR Geothermal
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
BASEMENT Full, Partially Finished, Storage Space, Yes
CONSTRUCTION Brick, Concrete, Frame, Vinyl Siding
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Geothermal
LOT 7057 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 0.162
PARKING Gravel, Asphalt, Garage Door Opener
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Paffrath & Schmid 1st Add
TAXES 1602
WATER Public
ZONING Business/Commercial,Residential-Single Family
Listed with Savvy Avenue, LLC
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