Johnson Hoiseth Lake Minnetonka Real Estate Logo
Description Open House Details Location Market Trends Schools Recent Sales
$429,000 Est. $1,580 / mo.*

101 Wilson Street Springfield , MN 56087

Listing courtesy of Savvy Avenue, LLC.

Description

3 Beds
2 Baths
1,193 Sqft
7,056 Sqft lot
0.16 Acre lot
Status: Active
Property Type: Single Family
Year Built: 1915
Neighborhood: Paffrath & Schmid 1st Add
Days on Website: 12
Incredible mixeduse opportunity in Springfield, MN! This unique property includes two updated geothermal homes, a 44×88 commercial shop, and three city lots, all sold together as one versatile package. Perfect for investors, business owners, or anyone seeking a live work setup with multiple income streams. The commercial building features a freshly painted brick front, 200 amp electrical, multiple overhead doors, upper storage, and mixed commercial/residential zoning. Ideal for welding, auto work, or rental income. Both homes are updated and energy efficient with geothermal heating/cooling, modern siding, and 1.75 baths. One home is currently rented, providing immediate income. The three city lots offer ample parking, yard space, and future expansion potential. A rare chance to own a turnkey multi property package with exceptional flexibility and value. Property includes two tax parcels and a commercial building that crosses parcel lines. All parcels must be sold together. Property Taxes does not include the 2nd parcel ID Number and lot size.

Open House

Property Details and Features

Appliances & Equipment
Description:
"Dishwasher", "Dryer", "Electric Water Heater", "Exhaust Fan", "Microwave", "Range", "Refrigerator", "Washer", "Water Softener Owned"
Basement
Description:
"Full", "Partially Finished", "Storage Space", "Tile Shower"
Bathrooms
Description:
"3/4 Basement", "Upper Level Full Bath"
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Contact an Agent

Johnson|Hoiseth

9526416500 9522127103

Location

$429,000 -
101 Wilson Street Springfield , MN 56087
Subdivision: Paffrath & Schmid 1st Add

Street View

Nearby Schools

Recent Sales in the Area

This data is up-to-date as of June 30, 2026 5:14PM. For the most current information, contact Lakes Sotheby's International Realty, 952-641-6500, Paul@JohnsonHoiseth.com

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