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3-Unit Retail Center
New
For Sale
$1,699,900

10-14 Church Street, Elko New Market, MN 55054

Commercial Sale, Elko New Market, MN

Property SizeContact for details
Lot Size0.40 Acres
Days on Market2

Property Features for 10-14 Church Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot, On Street
Window features Aluminum Frames
Appliances Water Heater - Gas, Water Softener - Rented
Lot features Corner Lot
High school district New Prague Area Schools
Directions 35 to County Road 2, West to Main Street/Church Street New Market
Standard status Active
APN 230020020
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17142

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1988
Building materials Block, Concrete, Steel
Roof type Rubber, Tar/Gravel, Flat
Listing Agency: Re/Max Advantage Plus · RE/MAX International
Listed By: James L. Emond Jr. · License #20033626
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 14 at 10:06PM
MLS# 7155414

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3-unit retail center occupies a 0.4-acre site in Elko New Market. Built in 1988, the property features block, concrete, and steel construction with a flat roof finished in tar and gravel or rubber. Forced-air heating and central air conditioning serve the building.

Parking is available in a lot and on the street. A liquor store is adjacent to the property.

Key Highlights

  • Three retail units, all currently occupied
  • 0.4‑acre site in Elko New Market
  • Built in 1988 with block, concrete, and steel construction

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
2,040 visits/mo 0.1 miles

Demographics for 55054, MN

2,489
Population
939
Households
2.7
Avg Household Size
34
Median Age
41%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
2,489
Density / Sq Mi
$151,845
Median Household Income
$64,937
Median Earnings
$2,311
Median Rent
$399,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - All three retail suites are occupied, creating an established multi-tenant configuration.
Where is this shopping center located?
The property is located at 10-14 Church Street Elko New Market, MN.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Three retail units, all currently occupied; 0.4‑acre site in Elko New Market; Built in 1988 with block, concrete, and steel construction
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