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Two-Story Downtown Retail Space
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12740 Lake Boulevard, Lindstrom, MN 55045

Commercial Sale, Lindstrom, MN

Property Size9,504 SF
Lot Size0.11 Acres
Days on Market306

Property Features for 12740 Lake Boulevard

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Rooms Basement
Parking features Covered, Parking Lot
Subdivision Lindstrom Village Of
Lot features Corner Lot, Irregular Lot, Zero Lot Line
High school district Chisago Lakes
Directions Lake Blvd
Standard status Active
APN 150016700
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7338

Utilities

Heating system Forced Air, Oil
Cooling system Central Air

Amenities

soaring ceilings
original hammered tin ceilings
large display windows
corner entrance

Building Details

Year built 1915
Building materials Brick
Roof type Shingle
Listing Agency: Real Estate Masters, Ltd.
Listed By: Anthony Heggerston
Added: Dec 8, 2025 Changed: Oct 8 Last Checked: Oct 10 at 12:06PM
MLS# 6825161

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 brick commercial building contains 9,504 square feet of retail space across a finished first floor and an unfinished basement. The 4,750-square-foot main level has an open layout, high ceilings, original hammered-tin finishes, broad display windows, and a corner entrance. A second entrance may also be possible. The 4,750-square-foot basement is reached by two stairways. Five apartments occupy the third floor and are outside the retail lease area.

The property stands at the corner of Highway 8 and a downtown pedestrian route in Lindstrom. Highway 8 carries more than 10,000 vehicles daily. A public parking lot with over 30 spaces is next door, with additional street parking nearby. The building was constructed in 1915 and has forced-air oil heat, central air conditioning, and covered parking.

Key Highlights

  • 9,504 square feet total: 4,750‑square‑foot finished first floor and 4,750‑square‑foot unfinished basement
  • First‑floor retail features open‑plan space, original hammered‑tin ceilings, and large display windows
  • Basement access via two stairways; a second entrance may be possible

Property Analytics

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Current Use

Lindstrom Antique Mall Home Decor Store

Suggested Use

Top Pick Building Supply Nail Salon Pharmacy Restaurant Electrical Service Hair Salon

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Holiday Station Store Shops & Services
16,153 visits/mo 0.3 miles
Arby's Dining
9,048 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
2,352 visits/mo 0.3 miles
Domino's Pizza Dining
387 visits/mo 0.2 miles

Demographics for 55045, MN

7,804
Population
3,001
Households
2.6
Avg Household Size
43
Median Age
27%
College-Educated
97%
High-School Grad
34.8 sq mi
ZIP Area
224
Density / Sq Mi
$110,685
Median Household Income
$61,155
Median Earnings
$993
Median Rent
$373,500
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?
Retail space - An open-plan sales floor pairs historic interior details with a large unfinished lower level.
Where is this retail space located?
The property is located at 12740 Lake Boulevard Lindstrom, MN.
What are key features of this property?
This property features: 9,504 square feet total: 4,750‑square‑foot finished first floor and 4,750‑square‑foot unfinished basement; First‑floor retail features open‑plan space, original hammered‑tin ceilings, and large display windows; Basement access via two stairways; a second entrance may be possible
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