1420 E College Drive, Marshall, MN 56258 (MLS# 7139761)


$1,900,000
1420 E College Drive
Marshall, MN 56258
MLS# 7139761



1420 E College Drive, Marshall, MN 56258
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Property Description
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.

Details
Maps
Contract Information
Status: Active
Current Price: 1900000
Contingency: None
ListPrice: 1900000
List Date: 2026-09-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1976
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 147182
For Sale or Lease: For Sale
Acres: 15.21
Lot Dimensions: tbd
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 1420
Street Direction Prefix: E
Street Name: College
Street Suffix: Drive
Postal City: Marshall
County: Lyon
State: MN
Zip Code: 56258
Assessments
Tax With Assessments: 36920
Building Information
Building Finished SqFt: 147182
Ceiling Height: Varied Heights
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Leases
Unit Details
Total Units: 23
Property Features
Accessible: Doors 36"+; Hallways 42"+
Air Conditioning: Central Air
CMU Style: Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial; Retail
Exterior: Block; Concrete; Steel Siding
Foundation: Brick/Mortar
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Contract for Deed; Conventional; Lease Purchase; Trade
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Parking Lot
Roof: Age Over 8 Years
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected

Listing Office: RE/MAX Advantage Plus

Last Updated: October - 05 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 14th of October 2026 10:14 PM

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