18 E Central Street, Springfield, MN 56087 (MLS# 7079886)

18 E Central Street, Springfield, MN 56087

$175,000
Property Type: Commercial Square Footage: 6,804 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $175,000 List Date: 5/27/2026 Last Modified: 8/27/2026

Overview

Description

Prime downtown commercial opportunity with endless potential! This high-visibility property offers approximately 2,268 sq. ft. of main-level commercial space ideally suited for retail, office, restaurant, boutique, or service-based business use. Located in the heart of downtown Springfield, the property benefits from excellent traffic counts, strong visibility, and easy access for customers and clients alike. Above the commercial space is a spacious upper-level 2-3 bedroom apartment, offering comfortable living with scenic downtown views and providing excellent income-producing potential or owner-occupant flexibility. The full basement provides ample storage space. In addition to the real estate, there is also the opportunity to purchase a well-established turnkey business that has successfully served the community for many years, making this an exceptional investment opportunity for entrepreneurs and investors alike. Whether you are looking to expand your business, invest in mixed-us ...

Listing Details MLS# 7079886

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2268
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
0.083
Assessment Pending
No

Property Features

Accessible: No Stairs External CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Residential; Retail Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
175000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
18
Street Direction Prefix
E
Street Name
Central
Street Suffix
Street
Postal City
Springfield
County
Brown
State
MN
Zip Code
56087
Complex/Dev/Subdivision
Original Plat/Springfield

Assessments

Assessment Balance
40
Tax With Assessments
1040

Building Information

Building Finished SqFt
4536
Building SqFt
6804

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
Yes
IDX
Listing Office: Reiner Real Estate
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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