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Historic Retail Space
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12740 Lake Boulevard, Lindstrom, MN 55045

Finished ground-floor merchandising area pairs with an unfinished basement and two stairways.

Property Size9,500 SF
Days on Market7

Property Features for 12740 Lake Boulevard

General Information

Standard status Active
Size 9,500 SF
Property subtype Commercial
Zoning Business/Commercial
Lease Type Gross

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $7,338

Building Details

Building Size 9,500 SF
Year Built 1915
Stories 2
Units 1
Listing Agency: Real Estate Masters, Ltd.
Listed By: Anthony Heggerston
Source: Getyoumoved
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 4:12AM

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 Real Estate Masters, Ltd.

Rey
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Investment Insights

Based on property information with market context.

This retail property in a 1915 building has a finished first floor with an open layout and high ceilings, plus a full unfinished basement reached by two stairways. Original hammered tin ceilings and large display windows retain historic architectural details. The space is zoned Business/Commercial, and ownership plans upgrades before occupancy. Five third-floor apartments are separate from the commercial space.

At the corner of Highway 8 and downtown Lindstrom’s pedestrian corridor, the property has a corner entrance and the potential for a second entry. A public parking lot with 30+ spaces is next door, and street parking is also available. Recent streetscape work includes crosswalks and landscaping.

Key Highlights

  • Finished first floor and unfinished basement are each 4,750 square feet
  • Original hammered tin ceilings and large display windows
  • Two stairways provide access to the basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Finished ground-floor merchandising area pairs with an unfinished basement and two stairways.
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: Finished first floor and unfinished basement are each 4,750 square feet; Original hammered tin ceilings and large display windows; Two stairways provide access to the basement
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