Mixed-Use Building with Dance
For Sale
$635,000
Pending
251 8th Street NW, Elk River, MN 55330
Commercial Sale, Elk River, MN
Property Size6,000 SF
Lot Size0.76 Acres
Days on Market100
Property Features for 251 8th Street NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
Parking Lot
Exterior features
Brick/Stone, Metal, Stucco
Fencing
Chain Link
Subdivision
Barrington Square
High school district
Elk River
Directions
Hwy 169 to east on School Street. South on Dodge Ave to left on 8th Street.
Standard status
Pending
APN
75004450130
Lot size
0.76 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
13696
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1986
Roof type
Shingle
Listing Agency:
Acuity Group
(763) 633-3535
Listed By:
Dustin Heggem · License #40416985
(612) 242-1653
Added: Jun 10
Changed: Sep 15
Last Checked: Sep 17 at 9:06AM
MLS# 7090337
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.
Built in 1986, this 6,000-square-foot mixed-use building is configured with a 4,000-square-foot dance studio and 2,000 square feet of professional office space that is currently leased. The layout supports the existing dance use while offering adaptable commercial space for other uses. Construction includes brick/stone, metal, and stucco exterior elements, with forced-air heating, central air conditioning, and a shingle roof.
The property occupies 0.76 acres and has direct visibility to Hwy 169. Approximately 1,800 square feet of fenced rear area provides parking and storage, with a chain-link fence and parking lot. Access to and from the property has been improved following completion of the Elk River freeway project.
The property occupies 0.76 acres and has direct visibility to Hwy 169. Approximately 1,800 square feet of fenced rear area provides parking and storage, with a chain-link fence and parking lot. Access to and from the property has been improved following completion of the Elk River freeway project.
Key Highlights
- 6,000 sq ft building with 4,000 sq ft dance studio and 2,000 sq ft leased office space
- Approximately 1,800 sq ft of fenced rear parking and storage
- Direct visibility to Hwy 169
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 55330, MN
43,626
Population
16,796
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
106.6 sq mi
ZIP Area
409
Density / Sq Mi
$111,481
Median Household Income
$59,332
Median Earnings
$1,356
Median Rent
$355,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial property with office occupancy, central air, and fenced rear parking and storage.
Where is this mixed-use property located?
The property is located at 251 8th Street NW Elk River, MN.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 6,000 sq ft building with 4,000 sq ft dance studio and 2,000 sq ft leased office space; Approximately 1,800 sq ft of fenced rear parking and storage; Direct visibility to Hwy 169
