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Mixed-Use Building with Apartment
New
For Sale
$275,000

438 Highway 60, Zumbro Falls, MN 55991

Commercial Sale, Zumbro Falls, MN

Property SizeContact for details
Lot Size0.18 Acres
Days on Market2

Property Features for 438 Highway 60

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Basement, Bathroom 1
Parking features On Street
Exterior features Brick/Stone
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision Whaleys Add
High school district Lake City
Directions Heading N on US-63, Go west on Main St. Building will be on the right.
Standard status Active
APN R280005200
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1726

Utilities

Heating system Forced Air

Amenities

in-unit laundry
fenced yard
patio

Building Details

Year built 1920
Listing Agency: Re/Max Results · RE/MAX International
Listed By: Robin Gwaltney
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 22 at 10:06PM
MLS# 7131465

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 mixed-use property pairs an operating hair salon configuration with an attached main-level apartment. The commercial area includes an open work floor, multiple salon stations, built-in cabinetry, a waiting area, restroom, and basement storage with utility space. The residence has an open layout with two bedrooms, a full bathroom, an additional half bath, and in-unit laundry. A fenced yard and patio extend the apartment’s usable space.

Positioned along Highway 60 in Zumbro Falls, the property provides direct roadside exposure and on-street parking. The 0.181-acre parcel includes a brick/stone exterior, forced-air heating, and household appliances including a range, refrigerator, microwave, washer, and dryer. Built in 1920, the building offers a combined commercial and residential layout within one structure.

Key Highlights

  • Commercial space configured as a hair salon with multiple stations and built‑in cabinetry
  • Attached apartment includes 2 bedrooms, 2 bathrooms, and in‑unit laundry
  • 0.181‑acre parcel along Highway 60 in Zumbro Falls

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Veterinary Clinic Building Supply

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

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

Demographics for 55991, MN

1,292
Population
641
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
97%
High-School Grad
54.1 sq mi
ZIP Area
24
Density / Sq Mi
$86,875
Median Household Income
$45,809
Median Earnings
$882
Median Rent
$294,600
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial salon space and an attached two-bedroom apartment support combined business and residential use.
Where is this mixed-use property located?
The property is located at 438 Highway 60 Zumbro Falls, MN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Commercial space configured as a hair salon with multiple stations and built‑in cabinetry; Attached apartment includes 2 bedrooms, 2 bathrooms, and in‑unit laundry; 0.181‑acre parcel along Highway 60 in Zumbro Falls
More about this property
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