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Main Street Retail Building
For Sale
$199,000
Pending

350 Main Street, Elko New Market, MN 55054

Commercial Sale, Elko New Market, MN

Property SizeContact for details
Lot Size0.44 Acres
Days on Market137

Property Features for 350 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot
Subdivision Baltes & Kremers Add
Lot features Irregular Lot, Tree Coverage - Light
High school district New Prague Area Schools
Directions I 35 to Elko New Market Exit Turn West on CR 2 which is also 260th Street to New Market which turns into Main Steet. Property opposite the gas station.
Standard status Pending
APN 230020100
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2890

Utilities

Heating system Forced Air, Space Heater
Cooling system Wall Unit(s)

Building Details

Year built 1910
Building materials Block
Roof type Shingle
Listing Agency: RE/MAX RESULTS · RE/MAX International
Listed By: Tim A Guderian
Added: May 15 Changed: Sep 27 Last Checked: Sep 28 at 6:06AM
MLS# 7074351

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 storefront property in Elko New Market sits on a 0.44-acre parcel. Built in 1910, the block-constructed building has a basement, a shingle roof, forced-air and space-heater systems, and wall-unit cooling. A parking lot is part of the property.

The site is on Main Street, with access to I-35 2.5 miles to the east via Main Street. Additional overflow parking is available at the city parking lot next door. The Windmill Feed and Pet store is scheduled to close July 1, 2026.

Key Highlights

  • 0.44‑acre Main Street parcel in Elko New Market
  • Block construction; building dates to 1910
  • Basement and shingle roof

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon Big Box & Wholesale Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
2,040 visits/mo 0.1 miles

Demographics for 55054, MN

2,489
Population
939
Households
2.7
Avg Household Size
34
Median Age
41%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
2,489
Density / Sq Mi
$151,845
Median Household Income
$64,937
Median Earnings
$2,311
Median Rent
$399,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Storefront property - A 0.44-acre parcel includes a block-constructed building with a basement and on-site parking.
Where is this storefront property located?
The property is located at 350 Main Street Elko New Market, MN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 0.44‑acre Main Street parcel in Elko New Market; Block construction; building dates to 1910; Basement and shingle roof
More about this property
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