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Retail Space with Entertainment Improvements
For Sale
$2,550,000

900 Clarice Ave, Marshall, MN 56258

B-3-zoned commercial property with restaurant, recreation, parking, and reuse potential on a large parcel.

Property Size4,926 SF
Price / SF$517.66
Days on Market192

Property Features for 900 Clarice Ave

General Information

Standard status Active
Size 4,926 SF
Property subtype Street Retail
Zoning B-3

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 4,926 SF
Year Built 2012
Year Renovated 2019
Listing Agency: Prime Net Lease
Listed By: Filip Hernas · License #02035814
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 3:01PM

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 Prime Net Lease

Investment Insights

Based on property information with market context.

Located at 900 Clarice Avenue in Marshall, Minnesota, this retail property comprises approximately 4,926 SF on a parcel exceeding 4 acres. Constructed in 2012 and renovated in 2019, the improvements include restaurant and bar areas, an arcade, an 18-hole mini golf course, sand volleyball courts, and a go-kart track. The site also provides ample parking and established infrastructure for continued operation or redevelopment.

The property has access and visibility from U.S. Route 59 and Highway 23, with reported traffic volumes of 9,875 VPD and 9,523 VPD, respectively. Nearby commercial context includes Runnings, Harbor Freight, AT&T, Cold Stone, Walmart, Menards, McDonald’s, Starbucks, and other national and regional retailers. The site directly borders the Stone Meadow Apartments development, planned with approximately 108 units, and is 1.4 miles from Southwest Minnesota State University, which has more than 2,800 students. The property is zoned B-3.

Key Highlights

  • ±4,926 SF retail property on over 4 acres
  • Constructed in 2012 and renovated in 2019
  • Restaurant, bar, arcade, 18‑hole mini golf, sand volleyball, and go‑kart improvements

Property Analytics

Current Use

The Gym Of Marshall Restaurant AJ's FAMILY ARCADE ... Arcade & Gaming Center ATM Atm

Suggested Use

Top Pick HVAC Service Building Supply Skin Care Clinic Storage Facility Plumbing Service Hair 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 30% Dining 18% Home Improvements & Furnishings 17% Apparel 14%
Walmart Superstores
58,919 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
28,560 visits/mo 0.4 miles
Runnings Apparel
23,721 visits/mo 0.1 miles
Culver's Dining
18,096 visits/mo 0.2 miles
Aldi Groceries
14,667 visits/mo 0.4 miles

Demographics for 56258, MN

15,480
Population
6,976
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
193.8 sq mi
ZIP Area
80
Density / Sq Mi
$70,640
Median Household Income
$41,159
Median Earnings
$742
Median Rent
$210,100
Median Home Value

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 - B-3-zoned commercial property with restaurant, recreation, parking, and reuse potential on a large parcel.
Where is this retail space located?
The property is located at 900 Clarice Ave Marshall, MN.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: ±4,926 SF retail property on over 4 acres; Constructed in 2012 and renovated in 2019; Restaurant, bar, arcade, 18‑hole mini golf, sand volleyball, and go‑kart improvements
More about this property
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