8-Suite Retail Salon
For Sale
$599,000
1240 Floyd Wild Drive, Marshall, MN 56258
Single-story retail building occupied by K Nails and Savvy Salon, featuring eight salon suites in a high-traffic area.
Property Size5,092 SF
Price / SF$117.64
Days on Market113
Property Features for 1240 Floyd Wild Drive
General Information
Standard status
Active
Size
5,092 SF
Property subtype
Commercial
Zoning
Business/Commercial
Taxes and HOA fees
Annual Taxes
$12,406
Building Details
Building Size
5,092 SF
Year Built
2006
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Edina Realty, Inc.
(507) 828-5461
Listed By:
Troy Deutz â€" The Deutz Group
(507) 828-5461
Source:
Juverealestate
Added: May 5
Changed: Aug 25
Last Checked: Aug 25 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.
Investment Insights
Based on property information with market context.
This well-maintained, income-producing retail space includes a 5,092 sq. ft. single-story building with a proven operating history. The property is currently occupied by two established tenants: K Nails and Savvy Salon. Savvy Salon operates through eight individual suites, each equipped with a shampoo bowl, chair, mirror, vanity, and hood dryer. The salon is home to eight renters (four full-time and four part-time) with capacity to accommodate up to two additional full-time renters.
The property is located in a high-traffic area across from major national retailers including Walmart, Aldi, and Runnings, supporting strong visibility and consistent consumer draw.
Recent capital improvements include parking lot resurfacing and striping, landscaping enhancements, HVAC system updates, and interior paint. Tenant-facing upgrades completed since 2023 include new LVP flooring at K Nails, salon chairs, shampoo sinks, TV monitors, and washer/dryer units.
The property is located in a high-traffic area across from major national retailers including Walmart, Aldi, and Runnings, supporting strong visibility and consistent consumer draw.
Recent capital improvements include parking lot resurfacing and striping, landscaping enhancements, HVAC system updates, and interior paint. Tenant-facing upgrades completed since 2023 include new LVP flooring at K Nails, salon chairs, shampoo sinks, TV monitors, and washer/dryer units.
Key Highlights
- 5,092 sq. ft. single‑story retail building with proven operating history
- Occupied by K Nails and Savvy Salon
- Savvy Salon side has 8 individual suites with shampoo bowl, chair, mirror, vanity, and hood dryer
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
240k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Groceries 23%
Dining 15%
Home Improvements & Furnishings 14%
Walmart
Superstores
58,919 visits/mo
0.2 miles
Hy-Vee
Groceries
41,584 visits/mo
0.5 miles
Menards
Home Improvements & Furnishings
28,560 visits/mo
0.4 miles
Runnings
Apparel
23,721 visits/mo
0.3 miles
Culver's
Dining
18,096 visits/mo
0.2 miles
Demographics for 56258, MN
15,480
Population
6,976
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
193.8 sq mi
ZIP Area
80
Density / Sq Mi
$70,640
Median Household Income
$41,159
Median Earnings
$742
Median Rent
$210,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-story retail building occupied by K Nails and Savvy Salon, featuring eight salon suites in a high-traffic area.
Where is this retail space located?
The property is located at 1240 Floyd Wild Drive Marshall, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,092 sq. ft. single‑story retail building with proven operating history; Occupied by K Nails and Savvy Salon; Savvy Salon side has 8 individual suites with shampoo bowl, chair, mirror, vanity, and hood dryer
