602 N Jackson Avenue, Springfield, MN 56087 (MLS# 7115720)

602 N Jackson Avenue, Springfield, MN 56087

$495,000
Property Type: Commercial Square Footage: 8,458 Lot Size (sq. ft.): 25,700 Status: Active
Current Price: $495,000 List Date: 7/27/2026 Last Modified: 7/31/2026

Overview

Description

Don’t miss this exceptional investment opportunity in the heart of Springfield! This well-maintained professional commercial building features four fully leased spaces, providing immediate and reliable rental income with established, reputable businesses already in place. Situated on a highly visible corner lot with a dedicated parking lot, this property offers excellent accessibility and strong curb appeal. The building has been meticulously maintained with numerous updates, including a new roof in 2009, new furnaces installed in 2024, and a spacious addition completed in 2015, along with many other improvements throughout the years. Whether you’re looking to expand your investment portfolio or secure a turnkey commercial property, this income-producing building is an opportunity you won’t want to miss!

Listing Details MLS# 7115720

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Owner Occupied
No
Waterfront YN
No
Year Built
1959
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8626
For Sale or Lease
For Sale
Acres
0.59
Lot Dimensions
25862 sq ft
Assessment Pending
No

Property Features

Accessible: Partially Wheelchair; Other Air Conditioning: Central Air Amenities Shared: Other Assumable Loan: Not Assumable Basement: Concrete Block; Partially Finished; Storage Space; Other CMU Style: Other Construction Materials: Frame Construction Status: Previously Owned Current Use: Professional Service Existing Financing: Other Exterior: Brick/Stone Flooring: Carpet; Vinyl/Linoleum Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; Other Location Description: Free Standing Lot Description: Corner Lot Miscellaneous Information: Building Sign; Exterior Lighting On Site Utilities: Electric Common; Electric Separate; Heating Separate Parking Characteristics: Parking Lot Potential Use: Income; Other; Professional Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sewer: City Sewer/Connected Shared Rooms: Other Stories: One Wall Description: Concrete/Block Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
495000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
602
Street Direction Prefix
N
Street Name
Jackson
Street Suffix
Avenue
Postal City
Springfield
County
Brown
State
MN
Zip Code
56087
Complex/Dev/Subdivision
Schwarzrock 5th Add

Assessments

Tax With Assessments
14094

Building Information

Building Finished SqFt
6214
Building SqFt
8458

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

Unit Number
Dental of
Monthly Rent
2798
Level
Main Level
Unit Total SqFt
3600
Leased?
Yes
Lease Expiration Date
2030-06-01

Unit 2

Lease Expiration Date
2027-04-06
Leased?
Yes
Level
Main Level
Monthly Rent
500
Unit Number
Daycare
Unit Total SqFt
2062

Unit 3

Lease Expiration Date
2027-06-30
Leased?
Yes
Level
Main Level
Monthly Rent
250
Unit Number
Massage t
Unit Total SqFt
266

Unit 4

Lease Expiration Date
2026-09-01
Leased?
Yes
Monthly Rent
1457
Unit Number
Avera opt
Unit Total SqFt
1630

Unit Details

Total Units
4

Documents

IDX
Listing Office: Kerkhoff Auction & Real Estate
Last Updated: July - 31 - 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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