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Uptown Virginia Mall Investment Opportunity
For Sale
$3,797,000

1414 South 12th Avenue West, Virginia, MN 55792

Grocery-anchored mall with high occupancy and future growth potential.

Property SizeContact for details
Days on Market343

Property Features for 1414 South 12th Avenue West

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1971
Listing Agency: Engel & Volkers North Georgia Mountains
Listed By: Amy Senn · License #274058
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 19 Last Checked: Aug 20 at 4:55AM

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 Engel & Volkers North Georgia Mountains

Investment Insights

Based on property information with market context.

The Uptown Virginia Mall is a retail property located in Virginia, MN, offering an investment opportunity. The 57,248 SF mall is anchored by Aldi, Tractor Supply, and Harbor Freight. It is situated in a location with high visibility on Highway 53, connecting Duluth to the Iron Range. The property benefits from a trade area of over 70,000 people within a 20-mile radius. The mall is near major retailers such as Target, Menards, and Walmart. The property has a 100% occupancy rate. A new Marshall’s store is scheduled to open in 2026, and a renovation plan is underway.

Key Highlights

  • Grocery‑anchored mall featuring Aldi, Tractor Supply, and Harbor Freight.
  • Boasting 100% occupancy with a Year 1 NOI of $341,242.
  • High‑visibility location on Highway 53.

Property Analytics

Current Use

ALDI Specialty Food Shop Tractor Supply Co. Pet Store & Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office 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.

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby
326k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 19% Home Improvements & Furnishings 16% Superstores 16%
Target Superstores
50,617 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
29,712 visits/mo 0.3 miles
McDonald's Dining
29,084 visits/mo 0.1 miles
Super One Foods Groceries
25,234 visits/mo 0.2 miles
Holiday Station Store Shops & Services
23,316 visits/mo 0.1 miles

Demographics for 55792, MN

9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping mall - Grocery-anchored mall with high occupancy and future growth potential.
Where is this shopping mall located?
The property is located at 1414 South 12th Avenue West Virginia, MN.
What is the asking price?
The asking price for this property is $3,797,000.
What are key features of this property?
This property features: Grocery‑anchored mall featuring Aldi, Tractor Supply, and Harbor Freight.; Boasting 100% occupancy with a Year 1 NOI of $341,242.; High‑visibility location on Highway 53.
More about this property
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