1240 Floyd Wild Drive, Marshall, Minnesota 56258

MN, Marshall
$605,000
  • Commercial Sale Property Type
  • 2006 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property 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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7064453
  • Price: $605,000
  • Year Built: 2006
  • Listing Status: Active
  • Office Name: Edina Realty, Inc.
  • Roof: Asphalt
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement None
  • Parking Parking Lot,Paved Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Exterior Features Vinyl
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Lyon
  • City Marshall
  • Zipcode 56258
  • Street: Floyd Wild
  • Street Number: 1240
  • Street Suffix: Drive
  • Longitude: W96° 13' 43.2''
  • Latitude: N44° 25' 53.1''
  • Directions: On Floyd Wild Dr next to Sundance Auto Repair.
Neighborhood
  • High School District: Marshall
MLS Addon
  • Office Name: Edina Realty, Inc.
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: No Stairs External,No Stairs Internal
  • Building Size: 5092
  • Current Use: Professional/Office,Commercial,Beauty/Barber Shop,Professional Service
  • Foundation Details: Slab
  • Levels: One
  • Lot Features: Corner Lot,Irregular Lot
  • Lot Size Dimensions: 0.846 Acres
  • Number Of Units Total: 2
  • Possible Use: Office,Professional Service,Retail,Income,Lounge/Bar
Financial
  • Tax Annual Amount: 12406
Listing Information
  • List Agent Mls Id: 506560390
  • List Office Mls Id: 27040
  • Modification Timestamp: 2026-08-06T15:55:06Z
  • Originating System Name: NorthStar
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