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Elgin, MN

Elgin, MN Commercial Real Estate for Sale

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Plainview, MN Hammond, MN Zumbro Falls, MN Oronoco, MN Rochester, MN Eyota, MN Mazeppa, MN Dover, MN

Combination Farm and Recreational Land

Updated: Jun 10

Combination Farm and Recreational Land

8615 50th Ave NE, Elgin, MN 55932

$819,000

78.00 AC lot

78+/- acre tract in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932).
42+/- tillable acres with an 87.4 CPI.
Tillable soils include Downs, Tama, and Lindstrom silt loam (well‑drained).
36+/- timber acres for recreation and hunting.
Includes a potential building site and additional natural areas for recreational use.

Active Mining Pit Land

Updated: Mar 21, 2025

Active Mining Pit Land

County Rd 67, Elgin, MN 55932

$5,995,000

38.40 AC lot

1 of 3 family‑owned mining pits with operations dating back to 1937
Permits and approvals included to support day‑one continued mining operations
38.4+/- acres with abundant reserves
Includes enough processed inventory (bedding sand) for close to one year of operations
Equipment for operations available for purchase as negotiated with the sale

Elgin Business Park Land

Elgin Business Park Land

705 Industrial Dr SE, Elgin, MN

Contact for pricing

1.16 AC lot

Land for sale in Elgin Business Park with city utilities.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Elgin Business Park Commercial Lots

Elgin Business Park Commercial Lots

680 Industrial Drive SE, Elgin, MN 55932

Contact for pricing

Commercial lots available in Elgin Business Park, city water/sewer.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Elgin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Property with Two Shops

Industrial Property with Two Shops

7450 Highway 14 E, Rochester, MN 55904

$1,200,000

4.00 AC lot

Totally fenced industrial property with 438' highway frontage, two lifts, and multiple attached shop areas.

Commercial Development Land Parcels

Commercial Development Land Parcels

2nd Ave SE, Oronoco, MN 55960

Contact for pricing

5.57 AC lot

Two land parcels totaling 5.57 acres are planned for commercial and R-2 development with sewer and water at the property lines.

Heated Car Wash and Retail Buildings

Heated Car Wash and Retail Buildings

2335 26TH ST NE, Rochester, MN 55906

Contact for pricing

Highly visible lot with a leased retail building and a heated former car wash available for lease or owner-use.

Land Parcels Near Rochester, MN

Land Parcels Near Rochester, MN

2nd Ave SE, Oronoco, MN 55960

Contact for pricing

5.57 AC lot

5.57 acres near Rochester, MN, for commercial or residential development.

Off-Market Properties in Elgin, MN

Consider similar Off-Market properties in Elgin, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

29105 County Rd 25

MINI-WAREHOUSE, STORAGE

29105 County Rd 25, Elgin, MN 55932-5211

Value Estimation by Request

6,000 sqft 2.97 AC lot

645 1st SE St

COMMERCIAL (GENERAL)

645 1st SE St, Elgin, MN 55932-2804

$360,000

Estimated value

180 Rolling Hls Dr

COMMERCIAL (GENERAL)

180 Rolling Hls Dr, Elgin, MN 55932-2807

$75,000

Estimated value

140 Rolling Hls Dr

COMMERCIAL (GENERAL)

140 Rolling Hls Dr, Elgin, MN 55932-2807

$80,000

Estimated value

Elgin, MN 55932

COMMERCIAL (GENERAL)

Elgin, MN 55932

$65,000

Estimated value

132 2nd SE Ave

AUTO REPAIR, GARAGE

132 2nd SE Ave, Elgin, MN 55932-9762

$160,000

Estimated value

4,800 sqft 0.37 AC lot

20 Main E St

COMMERCIAL (GENERAL)

20 Main E St, Elgin, MN 55932-9700

$130,000

Estimated value

2,000 sqft 0.07 AC lot

65 Rolling Hls Dr

COMMERCIAL (GENERAL)

65 Rolling Hls Dr, Elgin, MN 55932-9672

$65,000

Estimated value

95 Rolling Hls Dr

COMMERCIAL (GENERAL)

95 Rolling Hls Dr, Elgin, MN 55932-9672

Value Estimation by Request

675 Industrial SE Dr

VACANT COMMERCIAL LAND

675 Industrial SE Dr, Elgin, MN 55932-9699

$60,000

Estimated value

1.30 AC lot

680 Industrial SE Dr

VACANT COMMERCIAL LAND

680 Industrial SE Dr, Elgin, MN 55932-9699

$115,000

Estimated value

2.73 AC lot

190 Rolling Hls Dr

COMMERCIAL (GENERAL)

190 Rolling Hls Dr, Elgin, MN 55932-2807

$80,000

Estimated value

720 Industrial SE Dr

WHOLESALE OUTLET, DISCOUNT STORE

720 Industrial SE Dr, Elgin, MN 55932-9747

$85,000

Estimated value

12,000 sqft 2.32 AC lot

50946 315th Ave

COMMERCIAL (GENERAL)

50946 315th Ave, Elgin, MN 55932-5310

$260,000

Estimated value

1,511 sqft 5.22 AC lot

COMMERCIAL (GENERAL)

55 Main E St, Elgin, MN 55932-9702

$135,000

Estimated value

2,144 sqft 0.04 AC lot

30 Main E St

BAR, TAVERN

30 Main E St, Elgin, MN 55932-9700

$305,000

Estimated value

4,440 sqft 0.21 AC lot

520 Industrial SE Dr

COMMERCIAL (GENERAL)

520 Industrial SE Dr, Elgin, MN 55932-9698

$280,000

Estimated value

3,700 sqft 2.37 AC lot

15 5th SE Ave

COMMERCIAL (GENERAL)

15 5th SE Ave, Elgin, MN 55932-9730

Value Estimation by Request

45 Main E St

BAR, TAVERN

45 Main E St, Elgin, MN 55932

$240,000

Estimated value

2,080 sqft 0.04 AC lot

Elgin, MN 55932

COMMERCIAL (GENERAL)

Elgin, MN 55932

$55,000

Estimated value

5.00 AC lot

Elgin, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Elgin, MN, showcased through 4 active listings on our real estate platform.

Sale prices for business properties in Elgin, MN start at $819,000, averaging $3,407,000, and reaching up to $5,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,080

Population Growth (5Y) -0.1%

Median Household Income $102,727

College Educated 38.3%

High-Yield Neighborhoods for Investment

Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55932	$3.4M

Taxes & Financing

Tax Rate (average for all types) 1.68%

Property Tax per SF $36.34 per SF

Tax Rate vs County Average 0.31 pp below county avg

Average Loan-to-Value 65.0%

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