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Retail Building with On-Site Parking
For Sale
$599,900

609 Minnesota Avenue W, Walker, MN 56484

Commercial Sale, Walker, MN

Property Size9,200 SF
Lot Size0.23 Acres
Price / SF$65.21
Days on Market441

Property Features for 609 Minnesota Avenue W

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Business/Commercial
Parking features Parking Lot, Covered
Subdivision Original
High school district Walker-Hackensack-Akeley
Directions Main street Walker across from First National Bank North, Next to Piggy BBQ.
Standard status Active
APN 963372131
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7460

Utilities

Heating system Baseboard, Oil
Water source Well

Building Details

Year built 1940
Listing Agency: Cedar Point Realty · Coldwell Banker Real Estate
Listed By: Susan Ostlund
Added: Jul 28, 2025 Changed: Oct 8 Last Checked: Oct 11 at 4:06PM
MLS# 6762656

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 9,200-square-foot retail building in downtown Walker is divided into five rental units, all occupied by tenants. The sale covers the real estate only; businesses operating in the building are excluded. Heating is provided by baseboard and oil systems, and the property has a well water source.

A parking lot, including covered parking, serves the property. The site encompasses 0.2337 acres at 609 Minnesota Avenue W. The building was constructed in 1940, and the parking lot has been newly paved.

Key Highlights

  • 9,200‑square‑foot retail building
  • Five tenant‑occupied rental units
  • 0.2337‑acre site at 609 Minnesota Avenue W in downtown Walker

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Bakery Garden Center Butcher 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Shops & Services 38% Dining 17% Hotels & Casinos 2%
Super One Foods Groceries
15,656 visits/mo 0.1 miles
Cenex Shops & Services
7,704 visits/mo 0.2 miles
Hardee's Dining
6,125 visits/mo 0.3 miles
Dollar General Shops & Services
5,075 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
905 visits/mo 0.2 miles

Demographics for 56484, MN

3,517
Population
2,592
Households
1.4
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
91.8 sq mi
ZIP Area
38
Density / Sq Mi
$64,688
Median Household Income
$35,024
Median Earnings
$625
Median Rent
$292,900
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?
Retail space - Five tenant-occupied units provide a multi-suite retail configuration in downtown Walker.
Where is this retail space located?
The property is located at 609 Minnesota Avenue W Walker, MN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 9,200‑square‑foot retail building; Five tenant‑occupied rental units; 0.2337‑acre site at 609 Minnesota Avenue W in downtown Walker
More about this property
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