Midwestrealtymn.com Search Results

$580,000

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.

7064453 MLS

1240 Floyd Wild Drive, Marshall

Listing courtesy of Edina Realty, Inc..

$375,000

Prime commercial opportunity on West College Drive in Marshall! For nearly 100 years, this property was home to a family-operated business and is now ready for its next chapter. Offering more than 8,000 sq ft of space, the building is conveniently located across from the Marshall Aquatic Center and just a short walk from downtown. The property includes 2,662 sq ft of finished retail space with central heat and air, along with large storefront windows providing excellent natural light and visibility. An additional 5,918 sq ft offers flexible space for a variety of uses and includes a 9x9 overhead garage door with alley access. With its size, layout, and location, the property could accommodate retail, office space, a fitness center, salon, indoor storage, restaurant/café, or another commercial concept. Property is being sold as-is. Seller is offering a $25,000 credit toward furnace/HVAC. A unique opportunity to bring a new vision to a property that has been part of Marshall's business community for nearly a century.

6685884 MLS

202 W College Drive, Marshall

Listing courtesy of Edina Realty, Inc..