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Location
Mortgage
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Sold for $850,000
Sold for $850,000
421 1st Ave E Shakopee, MN 55379
$850,000
CLOSEDBeds
0
Baths
10
Sqft
0
Acres
0.203
Year
1967
Close Date
Sep 9, 2020
Property Type
Commercial Sale
Sub Type
Date Listed
May 8, 2020
Description of 421 1st Ave E, Shakopee, MN 55379
Listing details for 421 1st Ave E, Shakopee, MN 55379 : Rare opportunity for owner occupant or investor. Well maintained building in the heart of downtown Shakopee. Tons of traffic, and great street frontage/ signage. Recent capital improvements include new roof (2020), updated plumbing (2020), updated electrical (2020). High demand 1 BR apartments with many big employers near by including Amazon, My Pillow, and many more. Opportunity to increase rent on some units to increase investment value.
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Listing Updated : 08-24-2026 at 7:40 AM CDT
Property Details
Property Overview
Listing Price
$900,000
MLS #ID
5563315
Close Price
$850,000
Close Date
Sep 9, 2020
Bedrooms
0
Bathrooms
10
Square Footage
0
Acres
0.203
Year
1967
Days on Site
73 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
May 8, 2020
Location
Street Address
421 1st Ave E
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
On the north side of 1st Ave E in downtown Shakopee. Straight across the street from Holiday Gas Station.
Schools
School District
Home Specification
Bathrooms
10 Full
Construction / Architecture
Year Built
1967
Construction Materials
Brick and Concrete
Roof
Age 8 Years or Less and Flat
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
0.203
Lot Dimensions
142x60
Interior Details
Fireplace
No
Heating
Baseboard and Forced Air
Cooling
Central Air and Window Unit(s)
Exterior Details
Garage
No
Parking Features
Paved Lot
Exterior Features
Stone
Fencing
None
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$14,674.00
HOA Fee Includes
None
Association Amenities
Coin-op Laundry Owned
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 5563315
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Property History
DateEventPrice
9/9/2020
Sold
$850,000
Source:NorthstarMLS #NST5563315
NorthstarMLS #NST5563315 5/8/2020
Listed for sale
—
Source:NorthstarMLS #NST5563315
NorthstarMLS #NST5563315Location of 421 1st Ave E, Shakopee, MN 55379
Streetview of 421 1st Ave E, Shakopee, MN 55379
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Based on information submitted to the MLS GRID as of 2026-08-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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