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1240 Randolph Road Detroit Lakes, MN $ 4,500,000
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$ 4,500,000 Get more info
1240 Randolph Road
$ 4,500,000
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Share Save

1240 Randolph Road

Detroit Lakes, MN, 56501
$ 4,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 31,080

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Commercial Property for sale in Detroit Lakes, MN

for $4,500,000. This building was built in 1976 on a lot size of 75.06.

Seller may carry and is open to creative finance and terms. Here is your chance to own a PRIME piece of real estate just off Highway10 in Detroit Lakes! This listing is for 3 parcels totaling over 80 acres! This site offers excellent potential for commercial, multi-family, mixed-use or other development opportunities that support the continued growth of Detroit Lakes. The center parcel contains 10 buildings with a total of approx 47,000 sq ft of space. The northern parcel is approx 50 acres of development property within city limits. Located directly off of Randolph Rd and Highland Dr you will have amazing accessibility and visibility. City water, sewer, and natural gas are available on site. As you know, large, contiguous development opportunities like this are rarely available in Detroit Lakes. Do not wait on this one. Schedule your showing today!

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 23,500

Style

Lot Size

75.06

Year Built

1976

Town/City

Detroit Lakes

County/Region

Becker

MLS | Web ID

7035275
Features
General
Sewer City Sewer - In Street
Heating Other
Utilities None Available
Garage Spaces 0
Year Built 1976
Tax Year 2025
Current Use Other
Accessibility Other
County Becker
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Randlph 2nd Add
Directions Randolph Road to properties
City Detroit Lakes
High School District Detroit Lakes
Zoning Description Business/Commercial
Number Of Units Total 10
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 23500
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Fencing Partial
Parking Features Gravel
Water Source City Water - In Street
Inclusions Other
Lot Size Area 75.06
Lot Dimensions 80 acres
Waterfront Y/N N
Foundation Area 1
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Interior
Basement (Y/N) N
Fuel Other
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Internal Only
Street Number 1 1240
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* Excluded Features
List By
Exp Realty

Broker

marlys@dlakesre.com

Email

Affordability Calculator

$33,039
Per Month
94%
6%
0%
Monthly Principal & Interest
$31,080
Monthly Property Taxes
$1,958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048734 Elementary School
3048414 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/23/2026$4,500,000 -25.00% Price Down
3/12/2026$6,000,000 Listed Price

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1240 Randolph Road, Detroit Lakes, MN, 56501 is a Commercial Property for sale at $4,500,000 with a lot size of 75.06. 1240 Randolph Road was built in 1976. The property's zip code is 56501 which is in Detroit Lakes, MN

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