Detroit Lakes, MN
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    Detroit Lakes, MN Mixed-use Properties for Sale

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    Frazee, MN Vergas, MN Lake Park, MN
    Detroit Lakes Development Opportunity
    $6,000,000
    47,000 SF
    Detroit Lakes Development Opportunity

    1240 Randolph Road, Detroit Lakes, MN 56501

    Prime 75+ acre site for commercial or multifamily development.
    • Over 80 acres of prime real estate just off Highway 10 in Detroit Lakes.
    • Excellent potential for commercial, multi‑family, mixed‑use, or other development.
    • Located directly off Randolph Rd and Highland Dr, providing amazing accessibility and visibility.
    • City water, sewer, and natural gas are available on site.
    • Includes 10 buildings with approximately 47,000 sq ft of space.
    Updated: Mar 12
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    Highway 10 Shop with Acreage
    $719,000
    4,080 SF
    Highway 10 Shop with Acreage

    TBD 28428 US-10, Detroit Lakes, MN 56501

    4,000+ sqft shop on 2 acres with highway frontage.
    • Prime location with 175 feet of frontage on Highway 10.
    • 4,000+ square foot shop with 16' sidewalls.
    • Includes 2 acres of land.
    • Finished and heated shop with office space and a bathroom.
    • Room to expand on the back half of the property.
    Updated: Feb 6
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    Highway Frontage Shop in Detroit
    $899,000
    4,080 SF
    Highway Frontage Shop in Detroit

    4.38 acres with 4,000+ sq ft shop on Highway 10.

    28428 US-10, Detroit Lakes, MN 56501

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Mixed-Use Buildings
    $349,900
    2,700 SF
    Commercial Mixed-Use Buildings

    Two-building setup offers office, retail, or light industrial flexibility plus cold-storage capacity.

    2066 College Way, Fergus Falls, MN 56537

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    Stately Brick Office-Retail Building
    $139,900
    3,000 SF
    Stately Brick Office-Retail Building

    Flexible downtown brick building with client-ready reception space and a versatile lower-level flex area.

    109 N Court Street, Fergus Falls, MN 56537

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    Freestanding Pharmacy Building with Drive-Thru
    $667,000
    3,000 SF
    Freestanding Pharmacy Building with Drive-Thru

    Pharmacy with drive-thru in a close-knit rural community.

    211 S Main St, Mahnomen, MN 56557

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    Mahnomen Mixed-Use Investment Opportunity
    $90,000
    3,876 SF
    Mahnomen Mixed-Use Investment Opportunity

    Commercial storefront with updated 2-bedroom apartment in Mahnomen, MN.

    109 Main Street N, Mahnomen, MN 56557

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land on Highway
    $19,957,450
    57.31 Acres
    Prime Commercial Land on Highway

    84.22 acres of commercial land with highway frontage in Alexandria, MN.

    34th Avenue W, Alexandria, MN 56308

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    Commercial Land on Highway 94
    $2,583,490
    6.59 Acres
    Commercial Land on Highway 94

    84.22 acres of prime commercial land in Alexandria, MN.

    Xxx 34th Avenue W, Alexandria, MN 56308

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    Prime Commercial Land Opportunity
    $7,095,053
    20.36 Acres
    Prime Commercial Land Opportunity

    84.22 acres of commercial land with highway frontage in Alexandria.

    Tbd 34th Avenue W, Alexandria, MN 56308

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    Waite Park Commercial Investment Land
    $1,414,000
    24.26 Acres
    Waite Park Commercial Investment Land

    24 acres of commercial land with development potential.

    Tbd State Highway 23, Waite Park, MN 56301

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    Detroit Lakes, MN Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Detroit Lakes, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 55,160 square feet of properties for sale, with an estimated market value of $7,618,000.

    Sale prices for multi use buildings in Detroit Lakes, MN start at $719,000, averaging $2,539,333, and reaching up to $6,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $68,980
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Detroit Lakes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56501 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Property Tax per SF $34.24 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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