Storefront

Detroit Lakes, MN Storefront Properties for Sale

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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
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit Lakes, 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.

Broadway Frontage Retail Suites
Broadway Frontage Retail Suites

508 Broadway N, Fargo, ND 58102

$790,000
4,680 sqft

Retail property with Broadway frontage, individual entrances, and separate bathrooms and utilities across multiple units.

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Retail Storefront with Parking Lot
Retail Storefront with Parking Lot

749 Jefferson Street N, Wadena, MN 56482

$499,999
3,072 sqft

Storefront retail property with a large parking lot and more than 3,000 sq. ft. of building space.

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Retail Storefront with Delivery Area
Retail Storefront with Delivery Area

105 Jefferson St S, Wadena, MN 56482

$139,500

Retail storefront on Main Street with updated floors and a delivery area at the rear.

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Historic Mixed-Use Building Near Broadway
Historic Mixed-Use Building Near Broadway

117-119 Broadway N, Fargo, ND

$1,110,000
5,736 sqft 0.24 AC lot

Mixed-use building with retail and residential units near Broadway.

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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.

Commercial Land in Medical Arts Area
Commercial Land in Medical Arts Area

2030 Stearns Way, Saint Cloud, MN 56303

$277,000
1.06 AC lot

Vacant commercial lot in St. Cloud’s medical arts area near major healthcare and community facilities.

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Zoned Waterfront Commercial Lot
Zoned Waterfront Commercial Lot

3518 Bridge Street, Saint Francis, MN 55070

$224,900
1.72 AC lot

Waterfront, strictly B-1 zoned land in St. Francis’ commercial district for destination-style retail and dining.

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Business Park Commercial Land Lot
Business Park Commercial Land Lot

865/867/869 Meander Court, Medina, MN 55340

$120,000
0.15 AC lot

Commercially zoned lot in Rolling Greens Business Park, suitable for business services, retail, or medical development.

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Shovel-Ready Commercial Land Parcel
Shovel-Ready Commercial Land Parcel

7920 Lake Drive, Circle Pines, MN 55014

$615,000
2.79 AC lot

2.79-acre General Business zoned site with easy on/off access and strong average daily traffic for office or storefront development.

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Detroit Lakes, MN Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Detroit Lakes, MN on our real estate platform. These investment opportunities span a total of 5,192 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for retail units in Detroit Lakes, MN start at $650,000, averaging $650,000, 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

Storefront properties 1

Demographics Overview

Population 18K
Population Growth (5Y) +5.4%
Median Household Income $68,980
College Educated 21.1%

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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