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Prime downtown commercial opportunity! 18 E Central St 6,804 SF Retail Building Springfield, MN 56087 $175,000 ($25.72/SF)



Investment Highlights
- Attractive downtown storefront with strong street presence on Central St
- Prominent signage band above storefront enhances branding exposure
- Large display windows provide excellent visibility and natural light
- Established retail location currently operating as a paint & home décor shop
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,804 SF
Building Class
C
Year Built
1920
Price
$175,000
Price Per SF
$25.72
Tenancy
Single
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.13 AC
Zoning
Business / Commercial - Business / Commercial
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00300001009094 | Improvements Assessment | $33,700 |
| Land Assessment | $12,100 | Total Assessment | $45,800 |
Property Taxes
Parcel Number
00300001009094
Land Assessment
$12,100
Improvements Assessment
$33,700
Total Assessment
$45,800
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Prime downtown commercial opportunity! | 18 E Central St
