514 Summit Avenue Detroit Lakes, MN 56501

Building Details

Year Built

1990

Listing agency Coldwell Banker At The Lakes Show Phone

Listed by Steven Larson Show Phone

Source Juverealestate

Added: Nov 10, 2025 Updated: Jul 21 at 2:15AM Checked: Jul 21 at 2:15AM

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Investment Insights

Based on property information with market context.

This commercial building presents a flexible layout for a new owner. The main floor includes three units with studio options, while the lower level offers a full open area that can support retail and other adaptable uses. The property is reported to be mostly full, with the owner operating a salon and agreeing to remain as a tenant if the new owner chooses.

Situated on the edge of Hwy 10 in Detroit Lakes, the building is described as having high traffic count and strong street-level exposure. Parking is available both on-street and in the rear, supporting convenient customer and employee access.

The entire building is reported to be in excellent condition, offering a straightforward option for buyers seeking a multi-unit commercial property with an on-site, continuing tenant relationship.

Key Highlights

• Commercial building built in 1990 with three studio‑style units on the main level
• Lower level offers a full open area for retail or other uses
• Mostly full building with great rental income reported in the remarks

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FAQs

What type of property is this?

Storefront property - Commercial building features three studio-style units on the main level and a large open lower level.

Where is this storefront property located?

The property is located at 514 Summit Avenue Detroit Lakes, MN.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Commercial building built in 1990 with three studio‑style units on the main level; Lower level offers a full open area for retail or other uses; Mostly full building with great rental income reported in the remarks