8696 Eagle Creek CirSavage, MN 55378
- Commercial real estate
- 3,810 SF
Property Details for 8696 Eagle Creek Cir
- Year built
- 2007
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 3,810 SF
- Property type
- Commercial real estate
- APN
- 26-414017-0
- APU
- 264140170
Description
This exceptional end-unit office condo, located at 8696 Eagle Creek Circle in Savage, Minnesota, presents a compelling investment opportunity. The property boasts a total of 3,810 square feet, strategically divided between two levels. The main level, comprising approximately 2,100 square feet, is available for immediate occupancy, offering flexibility for a variety of business needs. The upper level, encompassing roughly 1710 square feet, is currently leased to a long-term tenant with a proven track record, providing a stable income stream. This tenant has occupied the space for several years, demonstrating a commitment to the location. A significant advantage of this property is its inclusion of a drive-in door, a rare feature in office condos, enhancing accessibility and operational efficiency. Situated within the Eagle Creek Office Condo Association, this property benefits from the amenities and professional environment of a well-managed community. The 0.05-acre lot provides ample space for parking and potential future expansion. Priced at $610,000, this property offers a unique blend of immediate occupancy potential and long-term rental income, making it an attractive investment for discerning buyers seeking a versatile and well-located office space in the thriving Savage market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $717,866
- Hospitality
- $657,562
- Educational
- $547,083
- Medical
- $565,898
- Retail
- $851,019
Location Insight
- City
- Savage
- County
- Scott
- State
- Minnesota
- Latitude
- 44.7731
- Longitude
- -93.3876
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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