Paffrath & Schmid 1st Add
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About this home
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.
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 3/4
- Heating
- Geothermal
- Cooling
- Geothermal
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Property
- Levels / stories
- Two
- Garage
- 1 space · 288 sqft
- Parking features
- Detached Garage, Gravel, Asphalt, Garage Door Opener
- Exterior features
- Vinyl
- Pool
- None
- Fencing
- Privacy, Wood
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Brick, Concrete, Frame
- Foundation
- Combination, Concrete Perimeter · 670 sqft
- Roof
- Age Over 8 Years, Asphalt
- Year built
- 1915
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Electric
- Electric
- 150 Amp Service
Community & HOA
- Subdivision
- Paffrath & Schmid 1st Add
- HOA
- No HOA
- School district
- 85 - Springfield
- High school district
- Springfield
Financial & listing details
- Annual tax
- $1,602 (2026)
- Listed
- Jun 18, 2026
- Days on market
- 103
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
101 Wilson Street, Springfield, MN, 56087
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
