Elgin, MN Commercial Real Estate for Sale

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Active Mining Land and Claims
Updated: Mar 21, 2025
Active Mining Land and Claims

County Rd 67, Elgin, MN 55932

$4,499,000
38.40 AC lot
38.4+/- acres with active mining permits and operational approvals
Bedding sand inventory sufficient for close to one year's operations
Mining pit operated by the same family since 1937
Reserves described as available for generations of production
Located on County Rd 67 south of 33707 County Rd 67
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Dollar General Retail Space
Updated: Oct 7
Dollar General Retail Space

35 2nd Ave SE, Elgin, MN 55932

$2,071,000
9,042 sqft
9,042‑square‑foot retail property
Dollar General tenant
15‑year absolute NNN lease
Located at 35 2nd Ave SE in Elgin, Minnesota, within the Rochester MSA
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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.

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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.

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4 active listings match your search: For sale in Elgin, MN. Based on your search, we've also compiled 72 Potential Opportunities for your consideration: 4 properties in nearby cities and 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.

Restaurant Property with Golf Course Patio
Restaurant Property with Golf Course Patio

25188 534th St, Plainview, MN 55964

$649,000
11,530 sqft

A commercial kitchen, deck, and patio support food-service or hospitality operations.

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Fenced Flex Space
Fenced Flex Space

7450 Highway 14 E, Rochester, MN 55904

$1,200,000
3.97 AC lot

Two buildings provide office areas, attached shop space, and open storage on a highway-fronting site.

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Kim’s Conventional Restaurant
Kim’s Conventional Restaurant

45 4th St SW, Plainview, MN 55964

Contact for pricing

Operating dining venue with a full bar, covered patio, party room, and weekend live music.

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Rolling Farmland
Rolling Farmland

50XX 70th Avenue SE, Rochester, MN 55904

$370,000

A spring-fed stream crosses the property and supplies water for cattle.

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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

Estimated value: by Request
6,000 sqft 2.97 AC lot
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645 1st SE St
COMMERCIAL (GENERAL)

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

Estimated value:
$360,000
View details
180 Rolling Hls Dr
COMMERCIAL (GENERAL)

180 Rolling Hls Dr, Elgin, MN 55932-2807

Estimated value:
$75,000
View details
140 Rolling Hls Dr
COMMERCIAL (GENERAL)

140 Rolling Hls Dr, Elgin, MN 55932-2807

Estimated value:
$80,000
View details
Elgin, MN 55932
COMMERCIAL (GENERAL)

Elgin, MN 55932

Estimated value:
$65,000
View details
132 2nd SE Ave
AUTO REPAIR, GARAGE

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

Estimated value:
$160,000
4,800 sqft 0.37 AC lot
View details
20 Main E St
COMMERCIAL (GENERAL)

20 Main E St, Elgin, MN 55932-9700

Estimated value:
$130,000
2,000 sqft 0.07 AC lot
View details
65 Rolling Hls Dr
COMMERCIAL (GENERAL)

65 Rolling Hls Dr, Elgin, MN 55932-9672

Estimated value:
$65,000
View details
95 Rolling Hls Dr
COMMERCIAL (GENERAL)

95 Rolling Hls Dr, Elgin, MN 55932-9672

Estimated value: by Request
View details
675 Industrial SE Dr
VACANT COMMERCIAL LAND

675 Industrial SE Dr, Elgin, MN 55932-9699

Estimated value:
$60,000
1.30 AC lot
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680 Industrial SE Dr
VACANT COMMERCIAL LAND

680 Industrial SE Dr, Elgin, MN 55932-9699

Estimated value:
$115,000
2.73 AC lot
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190 Rolling Hls Dr
COMMERCIAL (GENERAL)

190 Rolling Hls Dr, Elgin, MN 55932-2807

Estimated value:
$80,000
View details
720 Industrial SE Dr
WHOLESALE OUTLET, DISCOUNT STORE

720 Industrial SE Dr, Elgin, MN 55932-9747

Estimated value:
$85,000
12,000 sqft 2.32 AC lot
View details
50946 315th Ave
COMMERCIAL (GENERAL)

50946 315th Ave, Elgin, MN 55932-5310

Estimated value:
$260,000
1,511 sqft 5.22 AC lot
View details
55 Main E St
COMMERCIAL (GENERAL)

55 Main E St, Elgin, MN 55932-9702

Estimated value:
$135,000
2,144 sqft 0.04 AC lot
View details
30 Main E St
BAR, TAVERN

30 Main E St, Elgin, MN 55932-9700

Estimated value:
$305,000
4,440 sqft 0.21 AC lot
View details
520 Industrial SE Dr
COMMERCIAL (GENERAL)

520 Industrial SE Dr, Elgin, MN 55932-9698

Estimated value:
$280,000
3,700 sqft 2.37 AC lot
View details
15 5th SE Ave
COMMERCIAL (GENERAL)

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

Estimated value: by Request
View details
45 Main E St
BAR, TAVERN

45 Main E St, Elgin, MN 55932

Estimated value:
$240,000
2,080 sqft 0.04 AC lot
View details
Elgin, MN 55932
COMMERCIAL (GENERAL)

Elgin, MN 55932

Estimated value:
$55,000
5.00 AC lot
View details

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. These investment opportunities span a total of 9,042 square feet of properties for sale, with an estimated market value of $6,570,000.

Sale prices for business properties in Elgin, MN start at $2,071,000, averaging $3,285,000, and reaching up to $4,499,000 — 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 $3.3M

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%

Listings Trend

New vs delisted commercial listings in Wabasha County

New Delisted

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