706 S County Road 5 Springfield, MN ^$ 275,000

706 S County Road 5

^$ 275,000

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706 S County Road 5

Springfield, MN, 56087

^$ 275,000

Studio Baths0.0 Sq 9,439

Monthly Estimate*

^$ 1,921

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Studio

Commercial Property for sale in Springfield, MN

for $275,000. This 9,439 square foot building was built in 1970 on a lot size of 0.76.

Turnkey business opportunity with a strong customer base and solid income potential. Currently operating as “Ed’s Repair”, this automotive repair business is situated on the southeast edge of Springfield, on approximately 0.74 acres and includes over 9,400 square feet of building space, with a 6+ stall shop and ample storage capacity. All equipment and inventory included. Call for more details!

Commercial Pending

Price

^$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,062

Style

Business

Lot Size

0.76

Year Built

1970

Town/City

Springfield

County/Region

Brown

MLS | Web ID

6453777

Features

General

Sewer City Sewer/Connected

Heating Other

Utilities Electric Common

Garage Spaces 0

Construction Materials Metal Siding

Year Built 1970

Property SubType Business

Tax Year 2023

Current Use Automotive

Accessibility None

County Brown

Property Type Commercial Sale

Contingency None

Subdivision Name Wendt Add

Directions From Highway 14 turn south on County Road 5. Go past the St. John Lutheran campus and the property is on the right side of the road.

City Springfield

Buyer Agent Compensation 1.50

High School District Springfield

Zoning Description Business/Commercial

Total Units 1

Street Name County Road 5

Land Lease Y/N N

Tax Annual Amount 1062

Additional Parcels Y/N N

Days on Market 168

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Gravel Paved

Water Source City Water/Connected

Inclusions Building Fixture/Equipment Inventory Land

Lot Size Area 0.76

Building Area Total 9439

Lot Dimensions 0.76

Lot Size Units Acres

Foundation Area 9439

Interior

Basement (Y/N) N

Fuel Natural Gas

Internal Only

Street Number 1 706

* Excluded Features

List By

Reiner Real Estate

Broker

amandafrank@newulmtel.net

Affordability Calculator

$2,009

Per Month

Monthly Principal & Interest: $1,921
Monthly Property Taxes: $89
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Springfield, MN

Average List Price ^$387,350

Percent of Sale Price 41%

About Springfield, MN

2,056 Population

-5% Since 2002

^$45,065 Median Income

44.44 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048563 Elementary School

3048721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2023	$275,000		Listed Price

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706 S County Road 5, Springfield, MN, 56087 is a Commercial Property for sale at $275,000 with 9,439 sqft and a lot size of 0.76. 706 S County Road 5 is a studio with 0.0 baths and was built in 1970. The property's zip code is 56087 which is in Springfield, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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706 S County Road 5

Commercial Property for sale in Springfield, MN

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