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Hoffman, MN Retail Properties & Spaces for Sale

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Turnkey Restaurant and Grocery
Updated: Apr 16
Turnkey Restaurant and Grocery

121 Main Avenue, Hoffman, MN 56339

Contact for pricing
Turnkey restaurant and grocery store located downtown on Main Ave in the heart of the city
Separate entrance already in place for added flexibility of use
City approval already in place to move forward with beer/wine licensing
Additional expansion space available, with space designed for potential add‑ons
Separate entrance and plumbing‑related space already in place for ideas such as a laundromat or other services
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hoffman, 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.

Retail Flex Building with Warehouse
Retail Flex Building with Warehouse

115 18th Avenue W, Alexandria, MN 56308

$850,000
8,364 sqft

Retail space with multiple separate entrances plus a heated and cooled shop-warehouse with two garage doors.

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Renovated Retail or Office Space
Renovated Retail or Office Space

416 S Lake Avenue, Battle Lake, MN 56515

Contact for pricing
1,728 sqft

Completely renovated commercial space on Lake Avenue near Highway 78, with utilities paid by the tenant.

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Versatile Downtown Retail Building
Versatile Downtown Retail Building

416 1/2 S Lake Avenue, Battle Lake, MN 56515

Contact for pricing
1,680 sqft

Retail building offers 1,680 sq. ft. of flexible space, recently insulated and finished with a gas heater.

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Commercial Property in Alexandria, MN
Commercial Property in Alexandria, MN

310 34th Ave W, Alexandria, MN

Contact for pricing
49,600 sqft 5.53 AC lot

49,000 SF retail/warehouse space available for sale or lease.

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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.

Industrial Development Land Site
Industrial Development Land Site

S Broadway, Alexandria, MN 56308

$339,900
5.00 AC lot

5-acre development site with a 1-acre buildable area and options for parking, storage, and outdoor uses.

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Commercial Land in High Traffic Area
Commercial Land in High Traffic Area

30th Ave, Alexandria, MN 56308

$207,600
1.19 AC lot

Develop a commercial site on 1.19 acres in a high-traffic area of Alexandria, MN.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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High-Visibility Development Land Parcel
High-Visibility Development Land Parcel

Country Rd 82 SE, Alexandria, MN 56308

$160,000
8.04 AC lot

8-acre parcel on Country Rd 82 with strong visibility for single-use development or potential subdivision.

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Hoffman, MN Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Hoffman, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1

Demographics Overview

Population 1,068
Population Growth (5Y) -2.4%
Median Household Income $57,143
College Educated 23.4%

Taxes & Financing

Tax Rate (average for all types) 1.98%
Property Tax per SF $13.73 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

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