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Mixed-Use Ranch Property
New
For Sale
$199,900

117 Memorial Drive, Hoffman, MN 56339

Commercial Sale, Hoffman, MN

Property SizeContact for details
Lot Size0.57 Acres
Days on Market4

Property Features for 117 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Garage - Attached
Patio and Porch features Porch
Subdivision Hoffmans Auditors Sub
Lot features Tree Coverage - Medium
High school district West Central Area
Directions Hoffman, From Highway 27, South on Highway 55 (N Memorial Drive) to property on west side.
Standard status Active
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4686

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1979
Building materials Block, Frame
Roof type Shingle
Listing Agency: Century 21 First Realty, Inc. · Century 21 Real Estate
Listed By: Todd J Whiting
Added: Oct 13 Last Checked: Oct 16 at 12:06PM
MLS# 7159196

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.

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Investment Insights

Based on property information with market context.

This mixed-use property has a ranch-style, three-bedroom layout, with nearly 1,500 square feet on the main floor. Interior features include a stone fireplace, main-floor laundry hookups, and an unfinished basement. Forced-air heat and central air serve the building, which also has an attached garage and front porch. Roof, steel siding, and windows were updated in 2012; a newer furnace is also noted.

Set on 0.573 acres in Hoffman, the property has paved parking and a maintained driveway for access from the main road. The wooded rear yard adjoins open farmland. Its current classification is commercial non-homestead, with the option to convert to residential status.

Key Highlights

  • Three‑bedroom ranch‑style layout with nearly 1,500 square feet on the main level
  • 0.573‑acre site with a wooded backyard adjoining open farmland
  • Unfinished basement and stone fireplace

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Butcher Kitchen & Bath Showroom

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 56339, MN

1,136
Population
579
Households
2
Avg Household Size
39
Median Age
18%
College-Educated
93%
High-School Grad
60.9 sq mi
ZIP Area
19
Density / Sq Mi
$57,143
Median Household Income
$40,052
Median Earnings
$769
Median Rent
$195,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially classified today, the property may be returned to residential status.
Where is this mixed-use property located?
The property is located at 117 Memorial Drive Hoffman, MN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three‑bedroom ranch‑style layout with nearly 1,500 square feet on the main level; 0.573‑acre site with a wooded backyard adjoining open farmland; Unfinished basement and stone fireplace
More about this property
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