Listing Agency: Mid-America Real Estate-Minnesota LLC j***@nmrk.com Show Phone

Listed By: Jen Helm

Source: Nmrk

Added: Jan 27 Changed: Aug 8 Last Checked: Aug 21 at 4:19AM

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Investment Insights

Based on property information with market context.

The property is a former Marcus Theatre site situated in Elk River Plaza. Constructed in 1986, it benefits from strong area demographics and traffic counts. Ample parking is available. The site offers excellent visibility and access to Highway 169, making it a suitable redevelopment opportunity. The property is zoned for mixed-use.

Key Highlights

• Great redevelopment site
• Excellent visibility and access to Highway 169
• Zoned mixed‑use

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Auto Parts Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,069

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Former theater site with redevelopment potential and highway access.

Where is this commercial land located?

The property is located at 570 Freeport Ave NW Elk Elk River, MN.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: Great redevelopment site; Excellent visibility and access to Highway 169; Zoned mixed‑use