23-Unit Shopping
For Sale
$1,900,000
1420 E College Drive, Marshall, MN 56258
Commercial Sale, Marshall, MN
Property SizeContact for details
Lot Size15.22 Acres
Days on Market17
Property Features for 1420 E College Drive
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Business/Commercial
Parking features
Parking Lot
High school district
Marshall
Directions
From the intersection of Hwy 23 and East College Drive go West on East College Drive until Market Street. Then go south onto Market Street until you have entered the mall parking lot.
Standard status
Active
Lot size
15.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
36920
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1976
Listing Agency:
RE/MAX Advantage Plus · RE/MAX International
(952) 226-7700
Listed By:
Laura Deslauriers
(507) 626-0745
Added: Sep 5
Changed: Sep 18
Last Checked: Sep 21 at 3:06AM
MLS# 7139761
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 shopping center property encompasses 15.215 acres and includes 23 individual commercial units. The existing improvements date to 1976 and are equipped with central air conditioning and forced-air heating, with a parking lot serving the property.
The site is located at 1420 E College Drive in Marshall, Minnesota, with access from Highway 23. B-3 General Business District zoning is in place. The property is positioned for continued multi-unit commercial use or evaluation of redevelopment concepts, subject to verification of zoning, permitted uses, measurements, utilities, and other intended-use requirements.
The site is located at 1420 E College Drive in Marshall, Minnesota, with access from Highway 23. B-3 General Business District zoning is in place. The property is positioned for continued multi-unit commercial use or evaluation of redevelopment concepts, subject to verification of zoning, permitted uses, measurements, utilities, and other intended-use requirements.
Key Highlights
- 15.215‑acre commercial property at 1420 E College Drive, Marshall, MN 56258
- 23 individual commercial units
- B‑3 General Business District zoning
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Ace Home & Hardware
Shops & Services
3,213 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - The property has B-3 General Business District zoning, central air, forced-air heat, and a parking lot.
Where is this shopping center located?
The property is located at 1420 E College Drive 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: 15.215‑acre commercial property at 1420 E College Drive, Marshall, MN 56258; 23 individual commercial units; B‑3 General Business District zoning
