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For Sale:  Elko New Market MLS# 7066139

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Active NEW!
$250,000
/mo Edit
Commercial:  Other
Built 1970
0.17 acres
Lakeville schools
MLS# 7066139
763-576-8286
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    Property Description

    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.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Property Type: Commercial
    City: Elko New Market
    Garage Spaces: 4
    County: Scott
    Year Built: 1970
    State: MN
    Property Style: Other
    Zip Code: 55020
    Subdivision Name: Elko-Merged W/Nmc

    Interior

    Basement Details: None

    Exterior

    Garage Spaces: 4
    Garage Size: 1,974 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,974 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Electric
    • Garage Door Opener
    • Parking Garage
    • Parking Lot
    • Storage
    Exterior Material: Block

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 44.56496, -93.326519
    Inclusions: Building, Land
    Lot Dimensions: 145 x 50
    Zoning: Business/Commercial

    Schools

    School District: 194
    District Phone: 9522322000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,602
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,602

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Vacant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Kris Lindahl Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.