1240 Floyd Wild Drive Marshall, MN $ 575,000
1240 Floyd Wild Drive
$ 575,000
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1240 Floyd Wild Drive

Marshall, MN, 56258
$ 575,000
Bedrooms-- Baths-- Sq 5,092

Monthly Estimate*

$ 3,971

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Commercial Property for sale in Marshall, MN

for $575,000. This 5,092 square foot building was built in 2006 on a lot size of 0.846.

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.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 12,406

Style

Lot Size

0.846

Year Built

2006

Town/City

Marshall

County/Region

Lyon

MLS | Web ID

7064453

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Asphalt
Garage Spaces 0
Year Built 2006
Tenant Pays Telephone See Remarks
Levels One
Tax Year 2026
Current Use Professional/Office Beauty/Barber Shop Commercial Professional Service
Gross Income 102206
Accessibility No Stairs External No Stairs Internal
County Lyon
Net Operating Income 45733
Operating Expense 56473
Insurance Expense 3427
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 3465
Subdivision Name Lyon Cty Coop 1st Add
Possible Use Office Professional Service Retail Income Lounge/Bar
Directions On Floyd Wild Dr next to Sundance Auto Repair.
City Marshall
High School District Marshall
Zoning Description Business/Commercial
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 12406
Fuel Expense 1090
Trash Expense 1819
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Washer/Dryer Hookup
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Interior
Basement None
Basement (Y/N) N
Foundation Dimensions 38x94 40x38
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Parking Lot Paved Lot
Lot Features Corner Lot Irregular Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.846
Building Area Total 5092
Lot Dimensions 0.846 Acres
Waterfront Y/N N
Foundation Area 5092
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1240
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* Excluded Features
List By
Edina Realty, Inc.

Broker

troydeutz@edinarealty.com

Email

Affordability Calculator

$5,005
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$1,034
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
2543112 Elementary School
2543124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$575,000 -0.86% Price Down
9/9/2026$580,000 -3.17% Price Down
8/24/2026$599,000 -0.99% Price Down
8/6/2026$605,000 -0.82% Price Down
7/21/2026$610,000 -0.81% Price Down
6/1/2026$615,000 -1.60% Price Down
5/5/2026$625,000 Listed Price

Map


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1240 Floyd Wild Drive, Marshall, MN, 56258 is a Commercial Property for sale at $575,000 with 5,092 sqft and a lot size of 0.846. 1240 Floyd Wild Drive was built in 2006. The property's zip code is 56258 which is in Marshall, MN