For Sale: Norwood Young America MLS# 7104739
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Excellent opportunity to own a two-unit commercial building at 510 Faxon Rd N! This property offers flexibility for an owner-user, investor, or business looking to occupy one unit while generating rental income from the other. The two-unit configuration allows for multiple business uses, separate operations, or the potential to customize the space to fit your needs.
Conveniently located with easy access and visibility from Highway 212, this property provides a great opportunity to establish or expand your business. Whether you're looking for office, retail, service, or investment space, this commercial property offers many of possibilities. Use one unit and lease the other, lease both units, or utilize the entire building for your own operation. A great opportunity to invest in commercial real estate and create a space that works for you!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$184,900
Property Type:
Commercial
City:
Norwood Young America
Garage Spaces:
0
County:
Carver
Year Built:
1975
State:
MN
Property Style:
1 Story
Zip Code:
55368
Interior
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
2,480 ft2
Handicap Accessible:
No Stairs Internal
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Paved Lot
Road Frontage:
- City Street
- Sidewalks
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.25
Geolocation:
44.772219, -93.918634
Inclusions:
Building, Land
Lot Dimensions:
239 x 40
Zoning:
Business/Commercial
Schools
School District:
108
District Phone:
9524677000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,798
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,798
Units
Total Units:
2
Miscellaneous
Current Use:
Vacant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Experience.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.