Marshall Homes with Mixed Use Style

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Newest Marshall Homes with Mixed Use Style

$610,000

7064453 MLS

Well-maintained and income-producing commercial investment opportunity features a 5,092 sq. ft. single-story building with a proven operating history. The property is currently occupied by two established tenants—K Nails and Savvy Salon—each operating with multiple individual contractors, providing a diversified and consistent income stream. Strategically located in a high-traffic area across from major national retailers including Walmart, Aldi, and Runnings, this property benefits from excellent visibility and consistent consumer draw. The Savvy Salon side features 8 individual suites, each equipped with a shampoo bowl, chair, mirror, vanity, and hood dryer. The salon is currently home to 8 renters (4 full-time and 4 part-time) with capacity to accommodate up to 2 additional full-time renters, offering immediate upside potential. This investment offers strong expense ratio efficiency with recent capital improvements already completed, minimizing near-term maintenance needs. Updates since 2023 include parking lot resurfacing and striping, landscaping enhancements, HVAC system updates, interior paint, and numerous tenant-facing upgrades such as new LVP flooring (K Nails), salon chairs, shampoo sinks, TV monitors, and washer/dryer units. Additional upside potential exists through future rent adjustments and the opportunity to optimize tenant mix or expand occupancy. A turnkey asset ideal for investors seeking stable cash flow with value-add potential OR turn this awesome building into your business's next home.

1240 Floyd Wild Drive, Marshall

Listing courtesy of Edina Realty, Inc..

$375,000

6685884 MLS

Prime Commercial Property Available on West College Drive - Exceptional Opportunity! Located in the heart of a high-traffic area near downtown Marshall, 202 W. College Drive offers a remarkable 8,000+ sq ft building, packed with potential for a wide range of businesses. This long-standing property has been operated by the same family for 99 years and is now ready for a new vision. Boasting expansive display windows that flood the space with natural light, the building features a flexible layout, ideal for a variety of uses. Whether you're looking to continue the legacy of Carrow’s Dry Cleaning (with all equipment included) or reimagine the space for a fresh concept, this property has it all. The property includes: 2,662 sq ft of finished retail space, complete with central air/heat, and stunning storefront windows perfect for high-visibility displays. 5,918 sq ft of additional space, offering endless possibilities, including a 9x9 overhead garage door with alley access for easy deliveries or additional use. The property is perfect for businesses like a hair salon, indoor storage, a large fitness center, restaurant/café, or office space – the potential is limitless! Situated across from the upcoming Aquatic Center and just a short walk from downtown, this location offers unmatched visibility and convenience. Please note, this property is being sold "as is." Whether you're looking to expand or start something new, this iconic building provides the perfect foundation for your next business venture. Don’t miss out on this unique opportunity to own a piece of Marshall’s history and invest in a property with exceptional commercial potential!

202 W College Drive, Marshall

Listing courtesy of Edina Realty, Inc..

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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