$247,500
Shakopee, MN 55379
MLS# 6780412
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Property Description
Prime Development Opportunity in Downtown Shakopee! Don’t miss this excellent corner lot located at Bluff Avenue and Market Street in the heart of Shakopee. With over ½ acre (159x142), alley access, and great visibility, this site offers endless potential. Zoned B-1 Highway Business, the property allows for a wide variety of uses. Possibilities include multi-family housing with potential for up to 30 units and building heights up to 45 feet, mixed-use development combining residential with retail or office space, or office and medical buildings. Businesses will also benefit from the highly visible and easily accessible location. The property currently features a small older home in need of repair, a garage, and established utility access. With its size, zoning flexibility, and prime downtown location, the true value is in the land and its development potential. Bring your business, development, or multi-family ideas to this outstanding site and take advantage of one of Shakopee’s most versatile opportunities!
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: $247,500
Original List Price: 275000
ListPrice: 247500
List Date: 2025-08-28
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 159x142
Acres: 0.52
Location Tax and Other Information
House Number: 720
Street Name: Bluff
Street Suffix: Avenue
Postal City: Shakopee
County: Scott
State: MN
Zip Code: 55379
Complex/Dev/Subdivision: East Shakopee
Assessments
Tax With Assessments: 2406
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Property Features
Assumable Loan: Not Assumable
Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Development Status: Other
Improvements: Paved Streets
Land Inclusions: Platted
Sellers Terms: Cash; Conventional
Topography: Level
Listing Office: RE/MAX Advantage Plus
Last Updated: January - 27 - 2026
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