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    Underwood, MN

    Underwood, MN Commercial Real Estate for Sale

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    Fiske Lake Waterfront Land
    Updated: Oct 19
    Fiske Lake Waterfront Land

    2XXXX Oakdale Rd Parcel A, Underwood, MN 56586

    $299,900
    20.00 AC lot
    20 acres of land with tillable acreage
    Nearly 2,100 feet of undeveloped shoreline on Fiske Lake
    Fiske Lake spans 253 acres and reaches depths of 26 feet
    Electricity available
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    Lakefront Acreage
    Updated: Oct 19
    Lakefront Acreage

    3XXXX 200th St Parcel B, Underwood, MN 56586

    $299,900
    57.00 AC lot
    57+/- acres of waterfront land
    Nearly 500 feet of Fiske Lake shoreline
    Fiske Lake covers 253 acres and reaches depths of 26 feet
    Electricity available
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    Agricultural Land at Highway Intersection
    Agricultural Land at Highway Intersection

    29xxx County Highway 1, Underwood, MN 56586

    $299,000

    Agricultural parcel where two highways meet; commercial or mixed-use conversion may require a boundary survey.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Country Acreage with Building Potential
    Country Acreage with Building Potential

    28015 Redhead Dr, Underwood, MN 56586

    $49,900
    2.50 AC lot

    2.5+- acre parcel is offered for sale, with seller surveying planned at their cost.

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    4 active listings match your search: For sale in Underwood, MN. Based on your search, we've also compiled 46 Potential Opportunities for your consideration: 4 properties in nearby cities and 42 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.

    Flex Space with Shop and Offices
    Flex Space with Shop and Offices

    3327 E Fir Ave, Fergus Falls, MN 56537

    $899,900
    4,200 sqft

    Versatile commercial property combines professional offices, attached living quarters, substantial shop space, and paved parking.

    View details
    Multi-Use Commercial Building
    Multi-Use Commercial Building

    112 W Main St, Battle Lake, MN 56515

    $359,000
    10,000 sqft

    Well-maintained commercial building with elevator access, new roof, kitchen, meeting spaces, offices, and off-street parking.

    View details
    Motel with Attached RV Park
    Motel with Attached RV Park

    102 Glenhaven Dr, Battle Lake, MN 56515

    $1,250,000
    5,312 sqft

    Rebuilt lodging property combines updated guest rooms, seasonal RV sites, and a separate lodge with guest amenities.

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    Farm with Tillable Acreage
    Farm with Tillable Acreage

    25599 State Highway 210, Fergus Falls, MN 56537

    $1,100,000
    800 sqft

    The property combines cultivated fields with fenced pasture, a residence, outbuildings, and a shop.

    View details

    Off-Market Properties in Underwood, MN

    Consider similar Off-Market properties in Underwood, 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.

    29346 State Hwy 210
    COMMERCIAL (GENERAL)

    29346 State Hwy 210, Underwood, MN 56586-9600

    Estimated value:
    $260,000
    4,620 sqft 2.50 AC lot
    View details
    26820 State Hwy 210
    APARTMENT HOUSE (5+ UNITS)

    26820 State Hwy 210, Underwood, MN 56586-9503

    Estimated value:
    $190,000
    672 sqft 31.25 AC lot
    View details
    29338 State Hwy 210
    COMMERCIAL (GENERAL)

    29338 State Hwy 210, Underwood, MN 56586-9600

    Estimated value:
    $315,000
    3,040 sqft 27.40 AC lot
    View details
    107 Shr Dr
    COMMERCIAL (GENERAL)

    107 Shr Dr, Underwood, MN 56586

    Estimated value:
    $260,000
    2,400 sqft
    View details
    31449 Shady Nook Dr
    INDUSTRIAL (GENERAL)

    31449 Shady Nook Dr, Underwood, MN 56586

    Estimated value:
    $185,000
    4,080 sqft 5.77 AC lot
    View details
    110 Main S St
    COMMERCIAL (GENERAL)

    110 Main S St, Underwood, MN 56586

    Estimated value:
    $265,000
    4,940 sqft
    View details
    114 Main S St
    COMMERCIAL (GENERAL)

    114 Main S St, Underwood, MN 56586

    Estimated value:
    $75,000
    660 sqft
    View details
    121 Main S St
    COMMERCIAL (GENERAL)

    121 Main S St, Underwood, MN 56586

    Estimated value:
    $175,000
    1,653 sqft
    View details
    100 Main N St
    COMMERCIAL (GENERAL)

    100 Main N St, Underwood, MN 56586

    Estimated value:
    $340,000
    28,616 sqft
    View details
    103 Main N St
    COMMERCIAL (GENERAL)

    103 Main N St, Underwood, MN 56586

    Estimated value:
    $275,000
    10,000 sqft
    View details
    101 Main S St
    COMMERCIAL (GENERAL)

    101 Main S St, Underwood, MN 56586-7000

    Estimated value:
    $250,000
    1,564 sqft
    View details
    113 Main S St
    COMMERCIAL (GENERAL)

    113 Main S St, Underwood, MN 56586-9998

    Estimated value:
    $240,000
    1,560 sqft
    View details
    201 Main S St
    COMMERCIAL (GENERAL)

    201 Main S St, Underwood, MN 56586

    Estimated value:
    $160,000
    1,434 sqft
    View details
    107 Main S St
    COMMERCIAL (GENERAL)

    107 Main S St, Underwood, MN 56586

    Estimated value:
    $255,000
    2,400 sqft
    View details
    116 Main S St
    COMMERCIAL (GENERAL)

    116 Main S St, Underwood, MN 56586

    Estimated value: by Request
    View details
    115 Main N St
    COMMERCIAL (GENERAL)

    115 Main N St, Underwood, MN 56586

    Estimated value:
    $265,000
    2,856 sqft
    View details
    106 Highland E Ave
    COMMERCIAL (GENERAL)

    106 Highland E Ave, Underwood, MN 56586-7012

    Estimated value:
    $140,000
    1,500 sqft
    View details
    404 Frontage W Ave
    INDUSTRIAL (GENERAL)

    404 Frontage W Ave, Underwood, MN 56586

    Estimated value:
    $280,000
    2,496 sqft 0.41 AC lot
    View details
    408 Frontage W Ave
    COMMERCIAL (GENERAL)

    408 Frontage W Ave, Underwood, MN 56586-7216

    Estimated value:
    $230,000
    3,365 sqft 0.36 AC lot
    View details
    304 Frontage W Ave
    COMMERCIAL (GENERAL)

    304 Frontage W Ave, Underwood, MN 56586-7211

    Estimated value:
    $110,000
    1,120 sqft
    View details

    Underwood, MN Commercial Real Estate Market Trends and Statistics

    Explore 46 commercial real estate for sale in Underwood, MN, showcased through 4 active listings on our real estate platform.

    Sale prices for business properties in Underwood, MN start at $49,900, averaging $237,175, and reaching up to $299,900 — 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 1,798
    Population Growth (5Y) -6.7%
    Median Household Income $82,333
    College Educated 34.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56586 $258.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $14.83 per SF
    Tax Rate vs County Average 0.47 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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