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Mixed-Use Property with Storage
New
For Sale
$225,000

7918 State Street, Clear Lake, MN 55319

Combines customer-facing retail space with office areas, substantial storage, and on-site parking.

Property Size6,400 SF
Price / SF$35.16
Days on Market6

Property Features for 7918 State Street

General Information

Standard status Active
Size 6,400 SF
Property subtype Commercial
Zoning Business/Commercial, Other

Site & Location

Traffic Count 11,000 vehicles/day
Mixed-Use Components retail, office, storage

Taxes and HOA fees

Annual Taxes $3,244

Building Details

Building Size 6,400 SF
Year Built 1880
Year Renovated 2012
Buildings 2
Units 2
Construction steel siding
Listing Agency: Central MN Realty LLC
Listed By: Ann Riesner
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central MN Realty LLC

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Investment Insights

Based on property information with market context.

This mixed-use commercial property includes a main building with approximately 2,700 SF of retail space and 3,700 SF of storage. A drive-up ramp connects to the storage area, and the main level has a restroom. The lower level provides additional office space. The building has steel siding and was expanded in 2012. A separate 9,300 SF storage building adds substantial capacity alongside the main structure.

The property is located on State Street in Clear Lake, with traffic counts of approximately 11,000 vehicles per day. On-site parking serves the property, which is zoned Business/Commercial, Other. The reported year built is 1880.

Key Highlights

  • Separate storage building measures approximately 9,300 SF
  • Main building includes approximately 2,700 SF of retail space and 3,700 SF of storage
  • Drive‑up ramp provides access to the main building’s storage area

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Furniture & Home Goods Butcher Nail Salon

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

11,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 55319, MN

5,415
Population
2,144
Households
2.5
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
71.3 sq mi
ZIP Area
76
Density / Sq Mi
$111,343
Median Household Income
$58,663
Median Earnings
$950
Median Rent
$349,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines customer-facing retail space with office areas, substantial storage, and on-site parking.
Where is this mixed-use property located?
The property is located at 7918 State Street Clear Lake, MN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Separate storage building measures approximately 9,300 SF; Main building includes approximately 2,700 SF of retail space and 3,700 SF of storage; Drive‑up ramp provides access to the main building’s storage area
More about this property
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