1404 E College Drive Marshall, MN $ 420,000
1404 E College Drive
$ 420,000
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1404 E College Drive

Marshall, MN, 56258
$ 420,000
Baths0.0 Sq 2,038

Monthly Estimate*

$ 2,934

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Studio

Commercial Property for sale in Marshall, MN

for $420,000. This 2,038 square foot building was built in 1975 on a lot size of 0.46.

If you are looking for the ideal commercial location, look no further. As they say location is very everything. Desirable corner lot at the intersection of East College Drive and Jewett Street. Close to Southwest Minnesota State University, and retail and service business. High traffic and great visibility. Updated exterior including new shingles in June of 2022. Property is ADA compliant. Dining area seats 50, and includes buffet area & cashier area. Kitchen includes new Greenheck hood exhaust system, prep space, ice maker, mulitple freezers, mulitple coolers including a walk-in cooler, new dough mixer, deep fryers , gas stove with 5 wok’s, meat grinders , ice cream cooler & so much more. With 12,000 sq ft. of asphalt in parking lot (aprox. 26 parking spaces), there is plenty of parking. Call for your appointment.

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Commercial Active

Price

$ 420,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,690

Style

Business

Lot Size

0.46

Year Built

1975

Town/City

Marshall

County/Region

Lyon

MLS | Web ID

6222912

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Asphalt
Garage Spaces 0
Construction Materials Brick/Stone Wood Siding
Year Built 1975
Levels One
Property SubType Business
Tax Year 2023
Current Use Restaurant
Accessibility No Stairs Internal
County Lyon
Property Type Commercial Sale
Contingency Inspection
Subdivision Name Mcfarland Add
Directions On corner of E College Dr & Jewett St
City Marshall
Buyer Agent Compensation 2.00
Land Lease Amount 0
High School District Marshall
Zoning Description Business/Commercial
Total Units 1
Street Name College
Land Lease Y/N N
Tax Annual Amount 5690
Additional Parcels Y/N N
Days on Market 667
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Drive
Foundation Dimensions 34x57+8x12
Fuel Natural Gas
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Exterior
Parking Features Paved More Parking Onsite for Fee Open
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Land
Lot Size Area 0.46
Building Area Total 2038
Lot Dimensions 18 097 sqft
Lot Size Units Acres
Foundation Area 2038
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer Highway
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1404
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* Excluded Features
List By
Edina Realty, Inc.

Broker

MollyArchbold@edinarealty.com

Email

Affordability Calculator

$3,408
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,934
Monthly Property Taxes
$474
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2543112 Elementary School
2543124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2023$420,000 -6.67% Price Down
6/22/2022$450,000 Listed Price

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1404 E College Drive, Marshall, MN, 56258 is a Commercial Property for sale at $420,000 with 2,038 sqft and a lot size of 0.46. 1404 E College Drive is a studio with 0.0 baths and was built in 1975. The property's zip code is 56258 which is in Marshall, MN