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New
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$625,000

For Sale

6 days ago

1240 Floyd Wild Dr, Marshall, MN

House

MLS® 7064453

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $12,406
Days Active 6
Lot Size 
Approx. Age 2006
MLS® Number 7064453

Property Address: 1240 Floyd Wild Dr, Marshall, MN, 56258-2666

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained and income-producing commercial investment opportunity features a 5, 092 sq. ft. single-story building with a proven operating history. The property is currently occupied by two established tenants—K Nails and Savvy Salon—each operating with multiple individual contractors, providing a diversified and consistent income stream. Strategically located in a high-traffic area across from major national retailers including Walmart, Aldi, and Runnings, this property benefits from excellent visibility and consistent consumer draw. The Savvy Salon side features 8 individual suites, each equipped with a shampoo bowl, chair, mirror, vanity, and hood dryer. The salon is currently home to 8 renters (4 full-time and 4 part-time) with capacity to accommodate up to 2 additional full-time renters, offering immediate upside potential. This investment offers strong expense ratio efficiency with recent capital improvements already completed, minimizing near-term maintenance needs. Updates since 2023 include parking lot resurfacing and striping, landscaping enhancements, HVAC system updates, interior paint, and numerous tenant-facing upgrades such as new LVP flooring (K Nails), salon chairs, shampoo sinks, TV monitors, and washer/dryer units. Additional upside potential exists through future rent adjustments and the opportunity to optimize tenant mix or expand occupancy. A turnkey asset ideal for investors seeking stable cash flow with value-add potential OR turn this awesome building into your business's next home.
MLS® Number7064453
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2006
BasementNone
DrivewayParking Lot, Paved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$625,000List Price
  • Commute

Commute

Starting Address
Destination Address
1240 Floyd Wild Dr, Marshall, MN

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