Hoffman, MN Commercial Real Estate for Sale

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Lakefront Agricultural Land
Updated: Sep 18
Lakefront Agricultural Land

1 Tower Rd SW, Hoffman, MN 56339

Contact for pricing
210.90 AC lot
210.9 +/- acres offered in its entirety
Red Rock Lake frontage in Douglas County, Minnesota
Productive agricultural land with established farm use
Natural areas suited to hunting and wildlife recreation
Lake access and private recreational use potential
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Vacant Land Parcel with City Utilities
Updated: Feb 18, 2025
Vacant Land Parcel with City Utilities

1st Street N, Hoffman, MN 56339

$105,000
5.86 AC lot
5.85‑acre vacant land parcel in Hoffman
Between 1st Street N and 2nd Street N
City sewer available with three connections
City water available
Versatile land use potential for private estates, multi‑unit development, or agricultural uses such as community gardens, greenhouses, or cropland
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Lakefront Agricultural Land
Lakefront Agricultural Land

1 Tower Rd SW, Hoffman, MN 56339

Contact for pricing

Productive farmland combines agricultural utility with hunting, wildlife, and private lake-oriented recreation.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 3 Active listings in Hoffman, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

Mixed-Use Property with Storage Units
Mixed-Use Property with Storage Units

107 State Street NW, Evansville, MN 56326

$165,000
0.11 AC lot

Includes a residential apartment and separately rented storage units.

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Self-Storage Facility With Apartment
Self-Storage Facility With Apartment

107 State Street Nw, Evansville, MN 56326

$165,000

Five storage units and a one-bedroom, two-bath apartment create a mixed rental configuration.

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Land For Sale Alexandria, MN
Land For Sale Alexandria, MN

7060 10th Avenue SW, Alexandria, MN 56308

$59,900
1.80 AC lot

1.8 acre commercial land with easy I-94 access.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

View details

Off-Market Properties in Hoffman, MN

Consider similar Off-Market properties in Hoffman, 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.

Elk Lk SW Rd
INDUSTRIAL (GENERAL)

Elk Lk SW Rd, Hoffman, MN 56339

Estimated value:
$90,000
3.83 AC lot
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10490 State Hwy 27
COMMERCIAL (GENERAL)

10490 State Hwy 27, Hoffman, MN 56339

Estimated value:
$260,000
0.95 AC lot
View details
117 Memorial NW Dr
COMMERCIAL (GENERAL)

117 Memorial NW Dr, Hoffman, MN 56339-4015

Estimated value:
$310,000
View details
127 Memorial SE Dr
COMMERCIAL (GENERAL)

127 Memorial SE Dr, Hoffman, MN 56339-4024

Estimated value:
$250,000
1.00 AC lot
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101 Memorial SE Dr
COMMERCIAL (GENERAL)

101 Memorial SE Dr, Hoffman, MN 56339-4024

Estimated value:
$240,000
16,080 sqft 6.04 AC lot
View details
129 Memorial NW Dr
COMMERCIAL (GENERAL)

129 Memorial NW Dr, Hoffman, MN 56339-4015

Estimated value:
$270,000
1.27 AC lot
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123 Memorial NW Dr
COMMERCIAL (GENERAL)

123 Memorial NW Dr, Hoffman, MN 56339-4015

Estimated value:
$315,000
9,232 sqft 0.69 AC lot
View details
135 Main Ave, Unit 141
COMMERCIAL (GENERAL)

135 Main Ave, Hoffman, MN 56339-8139

Unit 141
Estimated value:
$255,000
4,290 sqft
View details
132 Main Ave, Unit 134
COMMERCIAL (GENERAL)

132 Main Ave, Hoffman, MN 56339-8139

Unit 134
Estimated value:
$260,000
7,000 sqft
View details
117 Main Ave, Unit 121
COMMERCIAL (GENERAL)

117 Main Ave, Hoffman, MN 56339-8139

Unit 121
Estimated value:
$320,000
6,800 sqft
View details
113 Main Ave
COMMERCIAL (GENERAL)

113 Main Ave, Hoffman, MN 56339

Estimated value:
$245,000
1,050 sqft
View details
114 Main Ave
COMMERCIAL (GENERAL)

114 Main Ave, Hoffman, MN 56339-8139

Estimated value:
$285,000
3,850 sqft
View details
110 Main Ave
COMMERCIAL (GENERAL)

110 Main Ave, Hoffman, MN 56339

Estimated value:
$280,000
5,896 sqft
View details
115 Main Ave
COMMERCIAL (GENERAL)

115 Main Ave, Hoffman, MN 56339

Estimated value:
$175,000
1,568 sqft
View details
131 Main Ave
COMMERCIAL (GENERAL)

131 Main Ave, Hoffman, MN 56339

Estimated value:
$140,000
280 sqft
View details

Hoffman, MN Commercial Real Estate Market Trends and Statistics

Explore 60 commercial real estate for sale in Hoffman, MN, showcased through 3 active listings on our real estate platform.

Sale prices for business properties in Hoffman, MN average $105,000 — 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 1,068
Population Growth (5Y) -2.4%
Median Household Income $57,143
College Educated 23.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56339 $105K

Taxes & Financing

Tax Rate (average for all types) 1.98%
Property Tax per SF $13.73 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

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