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936 1st Ave E

3,078 SF Retail Building Shakopee, MN 55379 $1,146,215 CAD ($372 CAD/SF)

Investment Highlights

  • First building 1650 finished sf, new 97% furnace. 12' doors, updated exterior, partially replaced roof (the rubber is good on the flat) 240 electric
  • Each building is metered separately for electric and heat. Water is shared.
  • LED lights, new asphalt with construction of new secondary building 1428 sq ft. 42 x 36 with infloor heat, bathroom, epoxy floors, 10' doors, 16 wide.

Executive Summary

Prime business property in booming downtown Shakopee! Location, Location, Location! Seize the opportunity to own this highly desirable business/commercial property with main Street exposure in the heart of downtown Shakopee. Perfect for businesses looking to thrive in a bustling, high-visibility area with street and alley access.Main Building: 1,650 sq. ft. of versatile space, ideal for retail, office, or service-based businesses, 12' garage doors, newer 97% efficiency furnace, updated exterior, roof replacement, restroom, fresh paint. 240 electric panels, LED lights, new asphalt. New Secondary Building (built 2024) 1428 sq ft. 42’ x 34’ w/Separate metering for utilities, heated floors for year round comfort and energy efficiency, epoxy floors, additional restroom, 10' garage doors x 16 wide, perfect for vehicle and equipment access, storage space to suit your growing needs. Property is situated on a large double corner lot. Plenty of parking and space to accommodate outdoor business activities. Additional Storage Shed is convenient for tools, inventory, or seasonal items.This property is your chance to establish or grow your business in a thriving downtown community with increasing foot and vehicle traffic. The flexible layout and outstanding amenities make it a fantastic investment. Call to see this property soon!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,078 SF
Building Class
C
Year Built
1949
Price
$1,146,215 CAD
Price Per SF
$372 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.39 AC
Zoning
B-1 Highway Commercial
Parking
12 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
45 ft on 1st Ave

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Wells Fargo Home Mortgage
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-004-101-0
Land Assessment
$267,323 CAD
Improvements Assessment
$84,894 CAD
Total Assessment
$352,218 CAD
  • Listing ID: 34309661

  • Date on Market: 2024-12-28

  • Last Updated:

  • Address: 936 1st Ave E, Shakopee, MN 55379

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