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MLS# 7064453 - 1240 Floyd Wild Drive Marshall, MN 56258
Edina Realty, Inc. is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this 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 are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Cummings Janzen Realty, Inc. is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Cummings Janzen Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
{"Id":552490,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7064453","MLSAGENTID":"NST506560390","MLSOFFICEID":"NST27040","ADDRESS":"1240 Floyd Wild Drive","ACRES":0.846,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"None","CITY":"Marshall","CONTINGENCY":"None","COUNTY":"Lyon","CURRENTUSE":"Professional/Office,Beauty/Barber Shop,Commercial,Professional Service","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":625000.0,"LASTPRICEDATE":"2026-06-01T18:06:07.46","LATITUDE":44.431427,"LENDEROWNED":"No","LISTDATE":"2026-05-05T05:00:00","LISTPRICE":615000.0,"LIVINGAREA":5092.0,"LONGITUDE":-95.771333,"LOTDESCRIPTION":"Corner Lot,Irregular Lot","MODIFICATIONTIMESTAMP":"2026-06-01T18:06:07.461","OFFICE_OFFICENAME":"Edina Realty, Inc.","PHOTOCOUNT":56,"POSTALCODE":"56258","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"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.\nStrategically 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.\nThe 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.\nThis 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.\nAdditional 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.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SALEINCLUDES":"Building","SCHOOLDISTRICTNUMBER":"413-Marshall","SCHOOLDISTRICTPHONE":"5075376924","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-05-05T20:33:06.687","LASTSTATUS":"Active","STREETNAME":"Floyd Wild","STREETNUMBER":"1240","STREETSUFFIX":"Drive","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":2006,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-05-05T20:33:06.687","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,51,52,53,54,55,56","SOURCE":"MG_NST"}
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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.\nStrategically 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.\nThe 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.\nThis 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.\nAdditional 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.","RoadFrontageType":"City Street,Curbs,Paved Streets,Sidewalks","RoadResponsibility":"Public Maintained Road","Roof":"Asphalt","NST_SchoolDistrictFullName":"413 - Marshall","NST_SchoolDistrictNumber":"413","NST_SchoolDistrictPhone":"5075376924","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetName":"Floyd Wild","StreetNumber":"1240","StreetNumberNumeric":"1240","StreetSuffix":"Drive","SubdivisionName":"Lyon Cty Coop 1st Add","TaxAnnualAmount":"12406","NST_TaxWithAssessments":"12406","TaxYear":"2026","TenantPays":"Telephone,See Remarks","Township":"Marshall","TrashExpense":"1819","Utilities":"Electric Separate,Heating Separate,Hot Water Separate","VideosCount":"0","WaterSource":"City 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