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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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1240 Floyd Wild Dr , Marshall, MN 56258
$599,000
Est. Payment: $3,094.72/mo
0 Bed
0 Bath
5092 Sqft
Status: Active | Days on site: 124
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27040 - 506560390
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House Description

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.

Highlights

Listed by Troy Deutz – The Deutz Group , 507-828-5461 Edina Realty, Inc. , 507-337-6683. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.85

Year Built

2006

County

Lyon

Neighborhood

Lyon Cty Coop 1st Add

School District

Marshall

Listing ID

7064453

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Washer/Dryer Hookup
Water:City Water/Connected

Exterior Features

Lot:Corner Lot,Irregular Lot
Lot Dimensions:0.846 Acres
Zoning:Business/Commercial
Roof:Asphalt
Sewer:City Sewer/Connected
Parking Features:Parking Lot,Paved Lot
Principal Interest
$3,095
Taxes
$1,034

Home Price

$599,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,094.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,094.72 $1,033.83 $0.00 $4,128.55
Yearly $37,136.59 $12,406.00 $0.00 $49,542.59
Total $1,114,097.55 $372,180.00 $0.00 $1,486,277.55
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Marshall, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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