Retail

Elko New Market, MN Retail Space for Sale

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Main Street Retail Building
Updated: May 15
Main Street Retail Building

350 Main Street, Elko New Market, MN 55054

$199,000
0.44 AC lot
0.44‑acre Main Street parcel in Elko New Market
Block construction; building dates to 1910
Basement and shingle roof
Forced‑air and space‑heater heating; wall‑unit cooling
Property parking lot, plus overflow parking at the adjacent city lot
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elko New Market, 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 Space with Bank Anchor
Retail Space with Bank Anchor

7444 Egan Drive, Savage, MN 55378

Contact for pricing
1 sqft

Retail storefront in Savage with strong visibility and access, joining Chase Bank and Jersey Mike's.

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Single-Tenant Retail Building
Single-Tenant Retail Building

1600 County Road 42 West, Burnsville, MN 55337

Contact for pricing
45,000 sqft

New Best Buy retail building completed in 2024 with a remaining 11.8-year lease term and strong corridor access.

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Retail Space in Savage, MN
Retail Space in Savage, MN

7705-7745 Egan Drive, Savage, MN 55378

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15,400 sqft

Retail space available in Super Target anchored development.

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Industrial Flex Building with Drive-Ins
Industrial Flex Building with Drive-Ins

3200 Hwy 13 W, Burnsville, MN 55337

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33,350 sqft 1.96 AC lot

Flex industrial building with two drive-ins, two dock doors, outdoor storage potential, and partial 2023 roof replacement.

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Elko New Market, MN Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Elko New Market, MN on our real estate platform.

Sale prices for retail space in Elko New Market, MN average $199,000 — 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

Storefront properties 1

Demographics Overview

Population 6,973
Population Growth (5Y) +7.8%
Median Household Income $136,300
College Educated 53.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
New Market - 55054 $199K

Taxes & Financing

Tax Rate (average for all types) 2.15%
Property Tax per SF $45.81 per SF
Tax Rate vs County Average 0.18 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

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