26545 Drew Avenue Elko, MN $ 250,000
26545 Drew Avenue
$ 250,000
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26545 Drew Avenue

Elko, MN, 55020
$ 250,000
Bedrooms-- Baths-- Sq 1,974

Monthly Estimate*

$ 1,727

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Commercial Property for sale in Elko, MN

for $250,000. This 1,974 square foot building was built in 1970 on a lot size of 0.17.

This property presents a rare opportunity to establish or expand your business in the growing community of Elko New Market. Built in 1977, this solid cinder block commercial building offers durability, functionality, and flexibility for a wide range of business uses. The property is equipped with heating and air conditioning, additional power capacity, and a large parking area with extra parking spaces- a major advantage for customer traffic, employees, deliveries, or multi-business operations. This property is zoned B-2, allowing the opportunity for numerous business opportunities including brew pubs, medical clinics, office space, retail establishments, restaurants, personal service businesses, recreation and fitness facilities, and service based operations. Permitted uses include professional offices, beauty and hair salons, nail salons, massage therapy, physical therapy, tattoo studios, gyms, dance or gymnastics studios, laundromats, tailoring, appliance repair, computer repair, animal grooming, and much more! With its versatile layout, strong construction, high visibility potential, and expansive accommodations, this property is ideal for entrepreneurs, investors, or established businesses looking for a location with endless possibility for growth and success.

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Commercial Active

Price

$ 250,000

Property Type

Commercial

Taxes

$ 1,602

Style

Lot Size

0.17

Year Built

1970

Town/City

Elko

County/Region

Scott

MLS | Web ID

7066139

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 4
Construction Materials Block
Year Built 1970
Tax Year 2026
Current Use Vacant
Accessibility None
County Scott
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Elko-Merged W/Nmc
Possible Use Agriculture Other Professional Service Retail Warehouse Diversified Wholesale Income Industrial Lounge/Bar
Directions I-35 to exit 76 right on 260th St. E left on France Ave left on Drew Ave property is on your right
City Elko New Market
High School District Lakeville
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1602
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Fuel Electric Natural Gas
Garage Square Feet 1974
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Exterior
Parking Features Attached Garage Concrete Electric Garage Door Opener Parking Garage Parking Lot Storage
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.17
Building Area Total 1974
Lot Dimensions 145x50
Waterfront Y/N N
Foundation Area 1974
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Internal Only
Street Number 1 26545
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* Excluded Features
List By
Kris Lindahl Real Estate

Broker

askkris@krislindahl.com

Email

Affordability Calculator

$1,860
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$134
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
708798 Elementary School
708789 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$250,000 Listed Price

Map


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26545 Drew Avenue, Elko, MN, 55020 is a Commercial Property for sale at $250,000 with 1,974 sqft and a lot size of 0.17. 26545 Drew Avenue was built in 1970. The property's zip code is 55020 which is in Elko, MN