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

7918 State Street, Clear Lake, MN 55319

Commercial Sale, Clear Lake, MN

Property SizeContact for details
Lot Size0.74 Acres
Days on Market51

Property Features for 7918 State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Personal Prop
High school district St. Cloud
Directions From 94E, to Exit 178/Hwy 24 to Clearwater, Hwy 55 to State Street, property is on left.
Standard status Active
APN 70008000004
Lot size 0.74 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3244

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1880
Listing Agency: Central MN Realty LLC
Listed By: Ann Riesner
Added: Sep 10 Changed: Oct 8 Last Checked: Oct 30 at 6:06AM
MLS# 7140430

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.

Rey
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Investment Insights

Based on property information with market context.

The property includes a 2,700-square-foot retail area and 3,700 square feet of storage in the primary building, plus a separate 9,300-square-foot storage building. The main structure was expanded in 2012 and has steel siding, a main-level restroom, and lower-level office space. A drive-up ramp provides access to its storage area. The site also has a parking lot and covers 0.74 acres.

Located on State Street in Clear Lake, the property has reported traffic counts of approximately 11,000 vehicles per day. The listing identifies retail, restaurant, office, salon, auto, lodging, daycare, entertainment, and recreation among potential commercial uses supported by the zoning.

Key Highlights

  • 2,700 SF of retail space and 3,700 SF of storage in the primary building
  • Separate 9,300 SF storage building
  • 0.74‑acre site on State Street with reported traffic counts of approximately 11,000 vehicles per day

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
Yes
Paved road access

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space is complemented by lower-level office area and two separate storage buildings.
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: 2,700 SF of retail space and 3,700 SF of storage in the primary building; Separate 9,300 SF storage building; 0.74‑acre site on State Street with reported traffic counts of approximately 11,000 vehicles per day
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