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Excellent downtown investment opportunity! 20 E Central St 3,564 SF 100% Leased Retail Building Springfield, MN 56087 $104,683 CAD ($29.37 CAD/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
Excellent downtown Springfield investment opportunity! This mixed-use commercial property features a prime main-level commercial space with 1,782 sq ft currently occupied by Community Treasures, offering strong visibility and a well-established downtown presence. The upper level includes a two spacious apartments (a one bedroom and a two bedroom) creating additional income potential or the perfect owner-occupant setup. The property also features a full basement, providing ample storage space and added functionality for business or tenant use. Located in a high-traffic downtown area with easy access and excellent exposure, this property offers outstanding potential for investors, entrepreneurs, or those seeking a live/work opportunity. Don’t miss your chance to own a versatile downtown property in the heart of Springfield!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,564 SF
Building Class
C
Year Built
1920
Price
$104,683 CAD
Price Per SF
$29.37 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.06 AC
Zoning
Business / Commercial - Business / Commercial
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $85,700 CAD | |
| Land Assessment | $23,728 CAD | Total Assessment | $109,428 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$23,728 CAD
Improvements Assessment
$85,700 CAD
Total Assessment
$109,428 CAD
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Excellent downtown investment opportunity! | 20 E Central St
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