Home › , Savage, MN 55378 (MLS# 7008036)

, Savage, MN 55378 (MLS# 7008036)

$2,500,000
Savage, MN 55378
MLS# 7008036
Status: Closed
19489 sqft
Savage, MN 55378
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Savage, MN 55378 Savage, MN 55378 Savage, MN 55378 Savage, MN 55378 Savage, MN 55378

Property Description
Great financial opportunity. Fully leased strip mall with long-term tenants and excellent payment history. Each unit has their own meter, HVAC unit, bathroom and exterior entrance. Unobstructed exposure to MN Hwy 13 with an average of 44,000 vehicles per day. Please do not disturb tenants.

Details
Contract Information
Status: Closed
Off Market Date: 2026-04-07
Current Price: 2000000
Closed Date: 2026-04-07
Sales Close Price: 2000000
Contingency: None
ListPrice: 2500000
List Date: 2026-01-13
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 63
Owner Occupied: No
Waterfront YN: No
Year Built: 1982
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 19489
For Sale or Lease: For Sale
Acres: 1.87
Lot Dimensions: 63x89x213x309x282x178
Assessment Pending: Unknown
Location Tax and Other Information
Postal City: Savage
County: Scott
State: MN
Zip Code: 55378
Complex/Dev/Subdivision: Hansons 1st Add
Assessments
Tax With Assessments: 51830
Building Information
Building Finished SqFt: 19489
Building SqFt: 19489
Income and Expenses
Annual Gross Income: 185301.83
Annual Net Income: 177319.44
Total Annual Expenses: 7982.39
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit Details
Total Units: 10
Property Features
Accessible: No Stairs External; No Stairs Internal; Other
Air Conditioning: Central Air
CMU Style: Retail/Shopping Center
Construction Materials: Concrete
Construction Status: Previously Owned
Current Use: Other; Restaurant; Retail
Exterior: Other
Financing Terms: Other
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Downtown; Strip Center
Miscellaneous Information: 2+ Lavatories; Building Sign; Exterior Lighting
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Paved Lot
Potential Use: Other; Restaurant; Retail
Rent Rate per Foot: Net
Road Frontage: City Street
Roof: Age Over 8 Years; Asphalt-Rolled; Flat
Sewer: City Sewer/Connected
Stories: One
Topography: Level
Wall Description: Concrete/Block
Water: City Water/Connected

Listing Office: Chestnut Realty Inc

Last Updated: August - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 12th of October 2026 01:40 PM

218-998-4400

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