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23-Unit Shopping Center
New
For Sale
$1,900,000

1420 College, Marshall, MN 56258

Multi-unit commercial center with B-3 zoning and access from Highway 23.

Property SizeContact for details
Lot Size15.20 Acres
Days on Market2

Property Features for 1420 College

General Information

Standard status Active
Lot size 15.20 Acres
Property subtype Commercial
Zoning B-3

Additional Details

Highway Access Yes

Building Details

Year Built 1976
Tenancy Multi
Listing Agency: Exit Realty Refined
Listed By: The Antonov Group
Source: Theantonovgroup
Added: Sep 7 Last Checked: Sep 7 at 3:00PM

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 Exit Realty Refined

Investment Insights

Based on property information with market context.

This shopping center comprises 23 individual units across approximately 15.2 acres. The property was built in 1976 and is identified as being within the B-3 General Business District. Its existing multi-unit configuration provides a substantial commercial footprint for retail, office, service, or combined business uses, subject to verification of permitted uses, utilities, measurements, and other site information.

Access is available from Highway 23, with the property located at 1420 College in Marshall, Minnesota. The current layout gives a buyer an established framework to evaluate for continued occupancy, reconfiguration, or redevelopment based on the intended use and applicable approvals.

Key Highlights

  • Approximately 15.2 acres
  • 23 individual commercial units
  • B‑3 General Business District zoning

Property Analytics

Current Use

Dr. Michael K. ... Physician Jill M. Vroman, ... Pediatrician Dr. Joseph R. ... Physician Dr. Laurie M. ... Pediatrician Susan R. Norgaard, ... Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Hair Salon 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby
91k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 23% Hotels & Casinos 7% Apparel 3%
Hobby Lobby Shops & Services
18,714 visits/mo 0.1 miles
Taco Bell Dining
14,724 visits/mo 0.4 miles
Applebee's Dining
11,611 visits/mo 0.3 miles
Arby's Dining
10,855 visits/mo 0.2 miles
Caribou Coffee Dining
9,672 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-unit commercial center with B-3 zoning and access from Highway 23.
Where is this shopping center located?
The property is located at 1420 College Marshall, MN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 15.2 acres; 23 individual commercial units; B‑3 General Business District zoning
More about this property
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