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    Hoffman, MN

    Hoffman, MN Commercial Real Estate for Sale

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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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    Turnkey Restaurant and Grocery
    Updated: Apr 16
    Turnkey Restaurant and Grocery

    121 Main Avenue, Hoffman, MN 56339

    Contact for pricing
    Turnkey restaurant and grocery store located downtown on Main Ave in the heart of the city
    Separate entrance already in place for added flexibility of use
    City approval already in place to move forward with beer/wine licensing
    Additional expansion space available, with space designed for potential add‑ons
    Separate entrance and plumbing‑related space already in place for ideas such as a laundromat or other services
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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 63 Potential Opportunities for your consideration. Besides 2 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.

    Industrial Warehouse with Truck Parking
    Industrial Warehouse with Truck Parking

    511 Industrial Park Blvd, Elbow Lake, MN 56531

    Contact for pricing
    47,257 sqft 5.00 AC lot

    Industrial warehouse on 5 acres featuring paved parking and space for truck access and operations.

    View details
    Seasonal Campground Lot with Private Boat Slip
    Seasonal Campground Lot with Private Boat Slip

    5181 Fish Hook Dr Sw, Alexandria, MN 56308

    $75,000

    Seasonal lot in Eden Acres on Lake Mary with a private boat slip, seasonal operation April to October, and multiple on-site amenities.

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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.

    View details
    Heated Auto Shop with Overhead Doors
    Heated Auto Shop with Overhead Doors

    17 2nd Street Nw, Elbow Lake, MN 56531

    Contact for pricing

    Auto shop building features heated used-oil system and overhead garage doors, including a large west shop opening.

    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

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

    10490 State Hwy 27, Hoffman, MN 56339

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

    117 Memorial NW Dr, Hoffman, MN 56339-4015

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

    127 Memorial SE Dr, Hoffman, MN 56339-4024

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

    101 Memorial SE Dr, Hoffman, MN 56339-4024

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

    129 Memorial NW Dr, Hoffman, MN 56339-4015

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

    123 Memorial NW Dr, Hoffman, MN 56339-4015

    $315,000
    Estimated value
    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
    $255,000
    Estimated value
    4,290 sqft
    View details
    132 Main Ave, Unit 134
    COMMERCIAL (GENERAL)

    132 Main Ave, Hoffman, MN 56339-8139

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

    117 Main Ave, Hoffman, MN 56339-8139

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

    113 Main Ave, Hoffman, MN 56339

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

    133 Main Ave, Hoffman, MN 56339-8139

    Value Estimation by Request
    View details
    103 Main Ave
    COMMERCIAL (GENERAL)

    103 Main Ave, Hoffman, MN 56339-8139

    Value Estimation by Request
    View details
    114 Main Ave
    COMMERCIAL (GENERAL)

    114 Main Ave, Hoffman, MN 56339-8139

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

    120 Main Ave, Hoffman, MN 56339-8139

    Value Estimation by Request
    View details
    205 Main Ave
    COMMERCIAL (GENERAL)

    205 Main Ave, Hoffman, MN 56339

    Value Estimation by Request
    View details
    110 Main Ave
    COMMERCIAL (GENERAL)

    110 Main Ave, Hoffman, MN 56339

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

    115 Main Ave, Hoffman, MN 56339

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

    128 Main Ave, Hoffman, MN 56339-8139

    Value Estimation by Request
    View details
    131 Main Ave
    COMMERCIAL (GENERAL)

    131 Main Ave, Hoffman, MN 56339

    $140,000
    Estimated value
    280 sqft
    View details
    118 Main Ave
    COMMERCIAL (GENERAL)

    118 Main Ave, Hoffman, MN 56339

    Value Estimation by Request
    View details
    130 Main Ave
    COMMERCIAL (GENERAL)

    130 Main Ave, Hoffman, MN 56339

    Value Estimation by Request
    View details

    Hoffman, MN Commercial Real Estate Market Trends and Statistics

    Explore 59 commercial real estate for sale in Hoffman, MN 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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