Address
1420 E College Drive, Marshall, MN
Price
$ 1,900,000
Property Attributes
- ID#7139761
- TypeCommercial
- Listing Status Active
- CountyLYON
- CityMarshall
- Zip56258
- Style
- Year Built1976
- Taxes$ 36920
- Price$ 1,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size15.215 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
Rare commercial opportunity in a prime Marshall location. This expansive property sits on approximately 15.2 acres with excellent visibility and convenient access off Highway 23, offering 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.
| Price History | |
|---|---|
| 9/5/2026 | Listed $1,900,000 |
General Features
| Sewer | City Sewer/Connected |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Electric Separate,Heating Separate |
| Roof | Age Over 8 Years |
| Year Built | 1976 |
| Levels | One |
| Tax Year | 2026 |
| Current Use | Commercial,Retail |
| Accessibility | Doors 36 +,Hallways 42 + |
| County | Lyon |
| New Construction | No |
| 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 | No |
| Tax Annual Amount | 36920 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Lender Owned | No |
| PostalCity | Marshall |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Ceiling Height | Varied Heights |
| Fuel | Natural Gas |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Water Source | City Water/Connected |
| Inclusions | Building,Leases |
| Lot Size Area | 15.215 |
| Lot Dimensions | tbd |
| Waterfront Y/N | No |
| Foundation Area | 147182 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 56258
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than REMAX Advantage Plus- Savage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (little black
house) and detailed information about them includes the name of the listing brokers.
© 2026 Realtor Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this limited electronic display comes in part from the Broker Reciprocity (sm) Program of the Realtor Association of Southern Minnesota Multiple Listing Service. Real estate listings held by brokerage firms other then REMAX Advantage Plus- Savage are marked with the Broker Reciprocity(sm) logo or the Broker Reciprocity(sm) thumbnail logo (a little black house) and detailed information
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
