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.
| MLS # | 7095297 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 133 |
| Listing Provided By | Savvy Avenue, LLC | Moe Mossa |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,193 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.16 |
| Cooling | Geothermal |
|---|---|
| Heating | Geothermal |
| Appliances | Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned |
| Roof | Age Over 8 Years, Asphalt |
|---|---|
| Construction Materials | Brick, Concrete, Frame |
| Lot Features | Corner Lot, Tree Coverage - Light |
| Parking Features | Detached Garage, Gravel, Asphalt, Garage Door Opener |
|---|
| Property | 1602 |
|---|
| State | MN |
|---|---|
| County | Brown |
| City | Springfield |
| Zip Code | 56087 |
| Community Name | Paffrath & Schmid 1st Add |
| School District | 85 |
| High School | Springfield |
| Listing VS Median (in Paffrath & Schmid 1st Add) | |
Price: $325,000 low | high Med: $325,000 sqft: 1,193 low | high Med: 1,193 $ / sqft: $272 low | high Med: $272 On site: 133 low | high Med: 133 | |
| State | MN |
|---|---|
| County | Brown |
| City | Springfield |
| Zip Code | 56087 |
| Community Name | Paffrath & Schmid 1st Add |
| School District | 85 |
| High School | Springfield |
| Listing VS Median (in Paffrath & Schmid 1st Add) | |
Price: $325,000 low | high Med: $325,000 sqft: 1,193 low | high Med: 1,193 $ / sqft: $272 low | high Med: $272 On site: 133 low | high Med: 133 | |