Storefront

Elko New Market, MN Storefront Properties 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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1 active listing matches your search: Storefront for sale in Elko New Market, MN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Renovated Mixed-Use Property
Renovated Mixed-Use Property

14 3rd St NW, Faribault, MN 55021

$1,095,000
3,300 sqft

Downtown asset combines upgraded apartments with a leased commercial component.

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Highway Business District Storefront
Highway Business District Storefront

6268 County Rd 101, Shakopee, MN 55379

Contact for pricing
28,000 sqft

Storefront property with retail, industrial, and office use potential under Highway Business District zoning.

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Downtown Shakopee Commercial Building
Downtown Shakopee Commercial Building

112 Sommerville St S, Shakopee, MN 55379

Contact for pricing
7,000 sqft

Highly visible commercial building in the heart of Downtown Shakopee.

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Historic Mixed-Use Building
Historic Mixed-Use Building

313 Central Avenue N, Faribault, MN 55021

$239,000

Two-level downtown property with an open ground floor and unfinished upper level for future configuration.

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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.

High-Traffic Commercial Lot on Lake
High-Traffic Commercial Lot on Lake

2815 E Lake Street, Minneapolis, MN 55406

$205,000
0.16 AC lot

Commercial lot in high-traffic Minneapolis location, ideal for business.

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Elko New Market, MN Storefront Properties Market Trends and Statistics

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

Sale prices for retail units 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

Shopping centers 2
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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