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    Detroit Lakes, MN
    Retail

    Detroit Lakes, MN Retail Properties & Spaces for Sale

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    Frazee, MN Audubon, MN Vergas, MN Lake Park, MN Pelican Rapids, MN Dent, MN Perham, MN Osage, MN
    Multi-Use Retail and Office Building
    Updated: Nov 10, 2025
    Multi-Use Retail and Office Building

    514 Summit Avenue, Detroit Lakes, MN 56501

    $650,000
    5,192 sqft
    Commercial building built in 1990 with three studio‑style units on the main level
    Lower level offers a full open area for retail or other uses
    Mostly full building with great rental income reported in the remarks
    On‑street parking plus parking in the rear of the building
    Owner‑operator salon is currently a tenant with an agreement to stay if the new owner wants
    View details
    Highway 10 Shop with Acreage
    Updated: Feb 6
    Highway 10 Shop with Acreage

    TBD 28428 US-10, Detroit Lakes, MN 56501

    Contact for pricing
    4,080 sqft 2.00 AC lot
    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.
    View details
    Retail Building with City Utilities
    Retail Building with City Utilities

    111 Union St W, Detroit Lakes, MN 56501

    $174,900

    Formerly used as a pet grooming business in a versatile downtown retail building served by city water and sewer.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Highway Frontage Shop in Detroit
    Highway Frontage Shop in Detroit

    28428 US-10, Detroit Lakes, MN 56501

    Contact for pricing
    4,080 sqft 4.38 AC lot

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

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, 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.

    Auto Repair Shop with Garage Bays
    Auto Repair Shop with Garage Bays

    559 E Centennial 84 Dr, New York Mills, MN 56567

    $679,000
    1.60 AC lot

    For-sale auto repair property with three lift-equipped bays, paved parking, and storage for automotive operations.

    View details
    Movie Theater Conversion Opportunity
    Movie Theater Conversion Opportunity

    146 1st Ave S, Perham, MN 56573

    $220,000

    Currently operating movie theater with a wide-open interior suited for flexible retail, dining, events, or mixed use.

    View details
    Flex Building with Showroom
    Flex Building with Showroom

    315 Aristotle Ave, New York Mills, MN 56567

    $329,000

    Flex building with showroom space, offices, paved parking, steel roof and siding, and an 8-foot overhead door.

    View details
    Retail or Office Space with Updates
    Retail or Office Space with Updates

    139 1st Avenue S, Perham, MN 56573

    Contact for pricing

    Tastefully updated retail or office space in a high-traffic area in Perham, Minnesota.

    View details

    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.

    Detroit Lakes 80+ Acre Property
    Detroit Lakes 80+ Acre Property

    1240 Randolph Rd, Detroit Lakes, MN 56501

    Contact for pricing
    80.00 AC lot

    Unique 80+ acre property in Detroit Lakes, Minnesota.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    10XX S Broadway, Pelican Rapids, MN 56572

    $65,000
    0.71 AC lot

    Undeveloped 0.71-acre commercial lot in the central business district with MNDOT-estimated traffic of 6,091 vehicles daily.

    View details
    Commercial Land on Lincoln Avenue
    Commercial Land on Lincoln Avenue

    125 W Lincoln Avenue Suite 3, Fergus Falls, MN 56537

    Contact for pricing

    Commercial land available on Lincoln Avenue in Fergus Falls.

    View details
    Commercial Land with Rail Access
    Commercial Land with Rail Access

    507 Ash Avenue NW, Wadena, MN 56482

    $100,000
    2.05 AC lot

    High-visibility lot in Wadena with rail access and measured MnDOT traffic counts for dependable transportation connectivity.

    View details

    Off-Market Properties in Detroit Lakes, MN

    Consider similar Off-Market properties in Detroit Lakes, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    100 Richwood Rd
    CAR WASH - SELF-SERVE

    100 Richwood Rd, Detroit Lakes, MN 56501-2100

    $2,595,000
    Estimated value
    5,540 sqft 1.37 AC lot
    View details
    106 Willow W St
    BARBER, HAIR SALON

    106 Willow W St, Detroit Lakes, MN 56501-3908

    Value Estimation by Request
    984 sqft 0.16 AC lot
    View details
    1743 Long Brg Rd
    RESTAURANT

    1743 Long Brg Rd, Detroit Lakes, MN 56501-4628

    $565,000
    Estimated value
    5,064 sqft 1.04 AC lot
    View details
    1152 Washington Ave
    RETAIL STORES (PERSONAL SERVICES)

    1152 Washington Ave, Detroit Lakes, MN 56501-3411

    Value Estimation by Request
    1,170 sqft 0.10 AC lot
    View details
    990 Hwy 10th Wus
    RESTAURANT

    990 Hwy 10th Wus, Detroit Lakes, MN 56501-2210

    $835,000
    Estimated value
    5,180 sqft 1.50 AC lot
    View details
    909 Washington Ave
    BARBER, HAIR SALON

    909 Washington Ave, Detroit Lakes, MN 56501-3401

    Value Estimation by Request
    1,475 sqft 0.07 AC lot
    View details
    Detroit Lakes, MN 56501
    GROCERY, SUPERMARKET

    Detroit Lakes, MN 56501

    $16,665,000
    Estimated value
    3,240 sqft 0.31 AC lot
    View details
    18131 Old Pit Rd
    AUTO REPAIR, GARAGE

    18131 Old Pit Rd, Detroit Lakes, MN 56501-7902

    Value Estimation by Request
    7,564 sqft 3.00 AC lot
    View details
    916 Washington Ave
    MINI-MALL

    916 Washington Ave, Detroit Lakes, MN 56501-3415

    $1,100,000
    Estimated value
    17,864 sqft 0.47 AC lot
    View details
    917 Washington Ave
    RETAIL STORES (PERSONAL SERVICES)

    917 Washington Ave, Detroit Lakes, MN 56501-3401

    $550,000
    Estimated value
    5,781 sqft 0.14 AC lot
    View details
    801 Washington Ave
    RETAIL STORES (PERSONAL SERVICES)

    801 Washington Ave, Detroit Lakes, MN 56501-3013

    $700,000
    Estimated value
    12,000 sqft 0.14 AC lot
    View details
    29020 Us Hwy 10
    AUTO REPAIR, GARAGE

    29020 Us Hwy 10, Detroit Lakes, MN 56501-7416

    Value Estimation by Request
    3,312 sqft 1.35 AC lot
    View details
    30870 State Hwy 34
    AUTO REPAIR, GARAGE

    30870 State Hwy 34, Detroit Lakes, MN 56501-7537

    Value Estimation by Request
    9,812 sqft 3.10 AC lot
    View details
    601 Hwy 10th E
    RETAIL STORES (PERSONAL SERVICES)

    601 Hwy 10th E, Detroit Lakes, MN 56501-4132

    $625,000
    Estimated value
    11,440 sqft 0.92 AC lot
    View details
    833 Washington Ave
    BARBER, HAIR SALON

    833 Washington Ave, Detroit Lakes, MN 56501-3013

    Value Estimation by Request
    2,886 sqft 0.07 AC lot
    View details
    611 Smt Ave
    FINANCIAL BUILDING

    611 Smt Ave, Detroit Lakes, MN 56501-2906

    $915,000
    Estimated value
    9,362 sqft 0.80 AC lot
    View details
    1008 Washington Ave
    RETAIL STORES (PERSONAL SERVICES)

    1008 Washington Ave, Detroit Lakes, MN 56501-3414

    $700,000
    Estimated value
    8,500 sqft 0.37 AC lot
    View details
    1118 Hwy 59th S
    MINI-MALL

    1118 Hwy 59th S, Detroit Lakes, MN 56501-2238

    Value Estimation by Request
    3,088 sqft 1.39 AC lot
    View details
    1659 Hwy 10th W
    MINI-MALL

    1659 Hwy 10th W, Detroit Lakes, MN 56501-2241

    $655,000
    Estimated value
    25,850 sqft 1.75 AC lot
    View details
    1110 Hwy 59th Sus
    MINI-MALL

    1110 Hwy 59th Sus, Detroit Lakes, MN 56501-2238

    Value Estimation by Request
    3,088 sqft 1.39 AC lot
    View details

    Detroit Lakes, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Detroit Lakes, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,352 square feet of properties for sale, with an estimated market value of $824,900.

    Sale prices for stores in Detroit Lakes, MN start at $174,900, averaging $412,450, and reaching up to $650,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Banks 1
    Storefront properties 1

    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 $597.6K

    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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