Property Description

RARE 4.37-ACRE COMMERCIAL DEVELOPMENT SITE WITH PRIME HIGHWAY VISIBILITY IN BURNSVILLE. Positioned at a prominent East Burnsville intersection with frontage along US Hwy 19E Bypass, Pensacola Road and East Main Street, this C-2 zoned property presents a rare opportunity to acquire a substantial commercial site in a highly visible location near downtown Burnsville. With approximately 4.37 acres and multiple points of road frontage, the property offers a scale and location well suited for a variety of commercial concepts, redevelopment strategies or continued investment use. The property currently includes 7 existing structures, including a store building and brick home, which are leased month-to-month and collectively generate approximately $5,350 in monthly rental income. The existing improvements provide an opportunity for an investor to maintain interim rental income while evaluating the property's longer-term development potential. No value is assigned to the existing structures, and Seller makes no warranties regarding the condition or suitability of the improvements. C-2 commercial zoning provides for a variety of potential commercial uses, subject to applicable zoning requirements and approvals. Potential concepts may include retail, food service, office, hospitality, mixed-use commercial/residential development and other permitted uses. The property's combination of four-lane highway frontage, city street access, prominent visibility and proximity to downtown Burnsville creates an especially interesting opportunity for developers seeking a larger commercial footprint in the market.City water and sewer are available, with natural gas, cable and fiber optic service also identified for the property. The acreage consists of Tract 1 (3.23 acres) and Tract 2 (1.14 acres), totaling approximately 4.37 acres per the attached survey. For investors, developers or businesses seeking a highly visible commercial site with meaningful acreage and existing interim rental income, opportunities of this size and location are rarely available in Burnsville.

Property Features