1420 E College Drive Marshall, MN $ 1,900,000
1420 E College Drive
$ 1,900,000
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1420 E College Drive

Marshall, MN, 56258
$ 1,900,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,123

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Commercial Property for sale in Marshall, MN

for $1,900,000. This building was built in 1976 on a lot size of 15.215.

Rare commercial opportunity in a prime Marshall location. This expansive property sits on approximately 15.2 acres and offers convenient access off Highway 23, providing a unique opportunity for investors, developers, and owner-users. The property currently features 23 individual units and B-3 General Business District zoning, offering tremendous potential for redevelopment, investment, retail, office, service businesses, or a combination of uses. The existing property provides an opportunity for a buyer to transform the current space to fit their vision and business needs. Bring your vision, your business plan, and your ideas. This property has the space and potential to make them happen. Buyers and buyers' agents to verify zoning, permitted uses, measurements, utilities, and all information important to their intended use.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 36,920

Style

Lot Size

15.215

Year Built

1976

Town/City

Marshall

County/Region

Lyon

MLS | Web ID

7139761

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate
Roof Age Over 8 Years
Garage Spaces 0
Year Built 1976
Levels One
Tax Year 2026
Current Use Commercial Retail
Accessibility Doors 36 + Hallways 42 +
County Lyon
New Construction N
Property Type Commercial Sale
Contingency None
Directions From the intersection of Hwy 23 and East College Drive go West on East College Drive until Market Street. Then go south onto Market Street until you have entered the mall parking lot.
City Marshall
High School District Marshall
Zoning Description Business/Commercial
Number Of Units Total 23
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 36920
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 15.215
Lot Dimensions tbd
Waterfront Y/N N
Foundation Area 147182
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Interior
Basement (Y/N) N
Ceiling Height Varied Heights
Fuel Natural Gas
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Internal Only
Street Number 1 1420
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

lauradeslauriers@outlook.com

Email

Affordability Calculator

$16,199
Per Month
81%
19%
0%
Monthly Principal & Interest
$13,123
Monthly Property Taxes
$3,077
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
9/5/2026$1,900,000 Listed Price

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1420 E College Drive, Marshall, MN, 56258 is a Commercial Property for sale at $1,900,000 with a lot size of 15.215. 1420 E College Drive was built in 1976. The property's zip code is 56258 which is in Marshall, MN