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112 Sommerville St S 7,000 SF Vacant Retail Building Shakopee, MN 55379 $875,000 ($125/SF)
Investment Highlights
- Signage
- Dedicated Parking
Executive Summary
NO CANNABIS USES
• Approx 7,000 SF Total (3,800 SF Main Level)
• Retail Building in Heart of Downtown Shakopee
• Corner Lot in Main Business District
• 9 Dedicated Parking Spaces
• Growing Community with Strong Demographics
• Unmatched Signage Opportunity
• Approx 7,000 SF Total (3,800 SF Main Level)
• Retail Building in Heart of Downtown Shakopee
• Corner Lot in Main Business District
• 9 Dedicated Parking Spaces
• Growing Community with Strong Demographics
• Unmatched Signage Opportunity
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
1980
Price
$875,000
Price Per SF
$125
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.20 AC
Parking
9 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-001-182-0 | Improvements Assessment | $329,700 |
| Land Assessment | $168,700 | Total Assessment | $498,400 |
Property Taxes
Parcel Number
27-001-182-0
Land Assessment
$168,700
Improvements Assessment
$329,700
Total Assessment
$498,400
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112 Sommerville St S
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