1240 Floyd Wild Drive Marshall, MN 56258
For Sale MLS# 7064453
Other
Listed by: Edina Realty, Inc.
Details for 1240 Floyd Wild Drive
MLS# 7064453
Description for 1240 Floyd Wild Drive, Marshall, MN, 56258
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.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.85 Acres
Square Feet: 5,092 sq ft
Year Built: 2006
Foundation: 5,092 sq ft
Stories: 1 Story
Subdivision: Lyon Cty Coop 1st Add
Number Of Units Total: 2
Current Use: Beauty/Barber Shop,Business Service,Commercial,Professional Service
County: Lyon
Days On Market: 21
Construction Status: Previously Owned
School Information
District: 413 - Marshall
Interior Features
Accessibility: No Stairs External, No Stairs Internal
Additional Interior Features: Washer/Dryer Hookup
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Central
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Open Parking: 43
Parking Description: Parking Lot, Paved Lot, Garage Sq Ft - 0.00
Exterior: Vinyl
Roof: Asphalt Shingles
Lot Dimensions: 0.846 Acres
Zoning: Business/Commercial
Additional Exterior/Lot Features: Corner Lot, Irregular Lot, Land Inclusions - Building, Road Frontage - Paved Streets, Sidewalks, City, Curbs
Driving Directions
On Floyd Wild Dr next to Sundance Auto Repair.
Financial Considerations
Tenant Pays: See Remarks,Telephone
Owner Pays: All Utilities
Gross Income: 102206
Expense: 56473
Tax/Property ID: 275060040
Tax Amount: 12406
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1240 Floyd Wild Drive
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1240 Floyd Wild Drive
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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