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Active NEW!
$589,000
/mo Edit
Commercial:  1 Story
Built 2005
0.656 acres
Marshall schools
MLS# 7160581
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    Property Description

    Position your business for success in the heart of Marshall's retail district. Offering nearly 2, 000sqft of commercial space, this property presents an exciting opportunity for investors, entrepreneurs, retailers, or small restaurants looking to establish or expand their presence in a desirable location. This property is currently being leased by a tenant with the potential to continue leasing.

    Listing

    Contingency: None
    City: Marshall
    County: Lyon
    State: MN
    Property Style: 1 Story
    Zip Code: 56258
    Subdivision Name: Shopko Add

    Interior

    Flooring: Carpet, Tile
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,930 ft2
    Foundation Dimensions: 73x26
    Handicap Accessible: Doors 36"+, Fully Wheelchair, No Stairs External, No Stairs Internal
    Heating System:
    • Forced Air
    • Outdoor Furnace
    Parking Features:
    • Parking Lot
    • Paved Lot
    Unit Amenities: Patio
    Road Frontage: City Street
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.656
    Geolocation: 44.43409, -95.770019
    Inclusions: Building
    Lot Dimensions: Irregular
    Zoning: Business/Commercial

    Schools

    School District: 413
    District Phone: 5075376924

    Expenses

    Annual Insurance Expense: $4,800
    Tenant Expenses: All Utilities, Common Area Maintenance, Insurance, Lawn Care, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,226
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,226

    Income

    Annual Gross Income: $58,476

    Rent

    Annual Net Income: $42,737

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Full Circle Realty Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.