20 E Central Street, Springfield, MN 56087 (MLS# 7079054)

20 E Central Street, Springfield, MN 56087

$75,000
Property Type: Commercial Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $75,000 List Date: 5/27/2026 Last Modified: 8/27/2026

Overview

Description

Excellent downtown Springfield investment opportunity! This mixed-use commercial property features a prime main-level commercial space with 1,782 sq ft currently occupied by Community Treasures, offering strong visibility and a well-established downtown presence. The upper level includes a two spacious apartments (a one bedroom and a two bedroom) creating additional income potential or the perfect owner-occupant setup. The property also features a full basement, providing ample storage space and added functionality for business or tenant use. Located in a high-traffic downtown area with easy access and excellent exposure, this property offers outstanding potential for investors, entrepreneurs, or those seeking a live/work opportunity. Don’t miss your chance to own a versatile downtown property in the heart of Springfield!

Listing Details MLS# 7079054

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1782
For Sale or Lease
For Sale
Acres
0.1
Lot Dimensions
0,105
Assessment Pending
No

Property Features

Accessible: No Stairs External CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Other; Retail Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
75000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
20
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
80
Tax With Assessments
908

Basement

Foundation Dimensions
22' x 81'

More Information

Building Information

Building Finished SqFt
1782

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Land

Unit 1

No. of 1 Bedroom Units
Yes

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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