Retail

Marshall, MN Retail Space for Sale

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23-Unit Shopping Center
Updated: Sep 5
23-Unit Shopping Center

1420 E College Drive, Marshall, MN 56258

$1,900,000
15.22 AC lot
23 individual units
15.215‑acre site
B‑3 General Business District zoning
Access from Highway 23
Built in 1976
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Storefront Property with Alley Access
Updated: Aug 1
Storefront Property with Alley Access

202 W College Dr, Marshall, MN 56258

$300,000
8,580 sqft
8,580 sq ft storefront property at 202 W College Dr, Marshall, MN 56258
2,662 sq ft of finished retail space with central air/heat
5,918 sq ft of additional space for flexible commercial use
9x9 overhead garage door with alley access
Expansive storefront windows for merchandise displays
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23-Unit Shopping Center
23-Unit Shopping Center

1420 College, Marshall, MN 56258

$1,900,000
15.20 AC lot

Multi-unit commercial center with B-3 zoning and access from Highway 23.

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Retail Space with Kitchen
Retail Space with Kitchen

201 E College Drive D, Marshall, MN 56258

Contact for pricing
1,200 sqft

Kitchen, refrigeration, and restroom improvements accommodate food, office, or retail use.

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Retail Space with Drive-Through
Retail Space with Drive-Through

1418 E. College Drive, Marshall, MN 56258

Contact for pricing
2,133 sqft

Vacant commercial building with adaptable office layout and direct access from East College Drive.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Marshall, 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.

Mixed-Use Property with Salon
Mixed-Use Property with Salon

524 N Main Ave, Garretson, SD 57030

$109,900
1,414 sqft 0.08 AC lot

Two-level building combines a leased salon with a remodeled apartment.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

101 2nd St SE, Fairfax, MN 55332

$62,900
2,400 sqft

Two-level layout combines a commercial main floor with an upstairs residential unit.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

524 N Main Ave, Garretson, SD 57030

$109,900
1,414 sqft

Two-level property combines a leased hair salon with a remodeled residential unit.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

101 2nd Street SE, Fairfax, MN 55332

$62,900
0.16 AC lot

Main-level commercial space is paired with an upstairs three-bedroom apartment and detached garage.

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Marshall, MN Retail Space Market Trends and Statistics

Explore 5 retail space for sale in Marshall, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,913 square feet of properties for sale, with an estimated market value of $4,100,000.

Sale prices for retail space in Marshall, MN start at $300,000, averaging $1,366,666, and reaching up to $1,900,000 — 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 3
Shopping centers 2

Demographics Overview

Population 16K
Population Growth (5Y) +2.2%
Median Household Income $70,640
College Educated 42.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56258 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.59%
Property Tax per SF $40.12 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

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