$247,500

720 Bluff Ave E Shakopee, MN 55379

Estimated payment $1,547/month

Total Views 11,065
3 Beds
1 Bath
1,616 Sq Ft
$153 Price per Sq Ft

Highlights

  • Hot Property
  • 22,651 Sq Ft lot
  • Forced Air Heating System
  • Eagle Creek Elementary School Rated A-
  • No HOA

About This Home

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 1⁄2 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!

Listing Agent

Thomas Scott

RE/MAX Advantage Plus Listed on: 08/28/2025

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1900

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 159x142

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • East Shakopee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270040580

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1292
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Living Area: 1616
  • Fireplace: No
  • Below Grade Finished Sq Ft: 324
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • PoolFeatures: None

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 396

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictNumber: 720
  • SchoolDistrictPhone: 952-496-5006

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 159x142
  • Lot Size Sq Ft: 22651.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 270040580
  • Tax Annual Amount: 2406
  • TaxWithAssessments: 2406.0000

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,406 $255,200 $158,100 $97,100
2024 $2,420 $247,500 $158,100 $89,400
2023 $2,722 $238,100 $152,100 $86,000
2022 $2,502 $261,000 $152,100 $108,900
2021 $2,102 $211,100 $127,300 $83,800
2020 $2,230 $197,900 $114,000 $83,900
2019 $2,134 $186,800 $100,200 $86,600
2018 $1,832 $0 $0 $0
2016 $1,636 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $247,500 -10.0% $153 / Sq Ft
08/28/2025 08/28/25 For Sale $275,000 -- $170 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Thomas Scott

RE/MAX Advantage Plus

(651) 650-3803

Section Image

#1 Shakopee Selling Realtor

I have been a licensed Realtor since 2001 and licensed Broker since 2010. In that time I have closed over 1000 homes.
#1 Shakopee Real Estate Agent. Over 500 Homes Sold In Shakopee Since 2001

Why Work With Me

I believe real estate isn’t about sales, it’s about trust, guidance, and building long-term relationships. I’m honest, transparent, and direct in everything I do, whether I’m working with buyers or sellers.

For buyers:

I’m

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Source: NorthstarMLS

MLS Number: 6780238

NorthstarMLS

APN: 27-004-058-0