Retail

Lancaster, MN Retail Properties & Spaces for Sale

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Hallock, MN Kennedy, MN Pembina, ND Karlstad, MN
Brick Storefront with USPS Lease
Updated: Aug 26
Brick Storefront with USPS Lease

113 Central Ave S, Lancaster, MN 56735

$144,500
768 sqft
Leased to the US Postal Service
Block‑and‑brick building constructed in 1962
Current lease runs through July 31, 2027, with an extension through July 31, 2032
Five‑year lease options extend through July 31, 2042
Owner covers building maintenance, repairs, taxes, and structural insurance
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lancaster, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Retail Building with Pole Shed
Retail Building with Pole Shed

1084 3rd St NW, Roseau, MN 56751

$425,000
7,000 sqft

Finished retail space includes an on-site pole shed and parking.

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Updated Flex Building with Car Lift
Updated Flex Building with Car Lift

102 2nd St E, Thief River Falls, MN 56701

$135,000
1,323 sqft

Commercial building with refreshed major systems, office space, service capabilities, and supplemental storage.

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Renovated Mixed-Use Commercial Building
Renovated Mixed-Use Commercial Building

115 3rd St E, Thief River Falls, MN 56701

$985,000

Renovated building offering upper-floor restaurant space, main-floor retail, and office space currently used by an engineering firm.

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NNN Property with Two Tenants
NNN Property with Two Tenants

1087 3rd Street NW, Roseau, MN 56751

Contact for pricing

Leased to Tractor Supply Company and O'Reilly's Auto Parts under NNN agreements.

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Lancaster, MN Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Lancaster, MN on our real estate platform. These investment opportunities span a total of 768 square feet of properties for sale, with an estimated market value of $144,500.

Sale prices for stores in Lancaster, MN average $144,500 — 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

Storefront properties 1

Demographics Overview

Population 658
Population Growth (5Y) -11.3%
Median Household Income $66,625
College Educated 25.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56735 $144.5K

Taxes & Financing

Tax Rate (average for all types) 1.70%
Tax Rate vs County Average 0.55 pp above county avg
Average Loan-to-Value 65.0%

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