For Sale
$445,000

522 Faxon Rd Norwood Young America, MN 55368

Multi-tenant office/retail building in Norwood Young America.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3,566 square foot commercial property, located at 522 Faxon Road in Norwood Young America, Minnesota, presents a compelling investment or owner-user opportunity. Situated on a generous 1.09-acre lot, this building boasts 36+ parking spaces and benefits from a highly visible location on the Hwy 212 Business Corridor. The property features a newly renovated roof and mansard (2022), a new monument sign (2022), and ample plumbing throughout, making it ideally suited for a variety of uses, including medical offices or daycare centers, as permitted by the C-2 General Commercial zoning. Currently configured to accommodate one, two, or three tenants, the building includes 2,758 square feet currently available and 808 square feet leased to a local law firm until July 31, 2026, generating a gross monthly income of $1,200. The property's prime location offers excellent signage opportunities and close proximity to Old National Bank, retail shops, restaurants, and a growing workforce. Norwood Young America's pro-business environment and active chamber further enhance the investment potential. This turnkey property is offered at $445,000. The building's recent renovations and strategic location make it an attractive option for both investors and owner-users seeking a versatile and well-maintained commercial space.

Highlights

  • 3,566 SF office/retail building, divisible for 1-3 tenants.
  • 2,758 SF available for owner-occupant.
  • 808 SF leased to local law firm ($1,200/month gross) through 7/31/2026.
  • 1.09-acre lot.
  • 36+ parking spaces.
  • Abundant plumbing, ideal for medical or similar use.

Property Details for 522 Faxon Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
3,566 SF
Year Renovated
2022
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Norwood Young America
County
Carver
State
Minnesota

FAQs

What type of property is this?
Day care center & nursery - Multi-tenant office/retail building in Norwood Young America.
Where is the day care center & nursery located?
The property is located at 522 Faxon Rd Norwood Young America, MN.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 3,566 SF office/retail building, divisible for 1-3 tenants.; 2,758 SF available for owner-occupant.; 808 SF leased to local law firm ($1,200/month gross) through 7/31/2026.
How can I contact the broker?
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522 Faxon Rd
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