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1404 E College Dr 1,938 SF Retail Building Marshall, MN 56258 $580,000 ($299.28/SF)
Investment Highlights
- Great Location with Plenty of Parking
- Immediate Occupancy
- Well Established Business with most of the Equipment in Place
Executive Summary
For Sale | Former Restaurant Building
Corner Location | Marshall, MN
Excellent opportunity to acquire a freestanding former restaurant property in Marshall, Minnesota. This well-located building sits on a high-visibility corner lot and offers ample on-site parking, making it ideal for a wide range of commercial uses.
The restaurant has recently closed, and all kitchen equipment remains in place, providing a turnkey opportunity for a new owner to reopen as a restaurant or repurpose the space for another food-service or retail concept. The existing layout includes a commercial kitchen, dining area, and support spaces, allowing for efficient reuse with minimal downtime.
Property Highlights:
Former restaurant with equipment included
Highly visible corner location
Plenty of parking for customers and staff
Freestanding building with strong street presence
Suitable for restaurant, café, bar & grill, fast-casual, or adaptive reuse
Excellent opportunity for owner-user or investor
This property offers strong potential in a growing regional market and is well-suited for entrepreneurs, established operators looking to expand, or investors seeking a repositioning opportunity.
Corner Location | Marshall, MN
Excellent opportunity to acquire a freestanding former restaurant property in Marshall, Minnesota. This well-located building sits on a high-visibility corner lot and offers ample on-site parking, making it ideal for a wide range of commercial uses.
The restaurant has recently closed, and all kitchen equipment remains in place, providing a turnkey opportunity for a new owner to reopen as a restaurant or repurpose the space for another food-service or retail concept. The existing layout includes a commercial kitchen, dining area, and support spaces, allowing for efficient reuse with minimal downtime.
Property Highlights:
Former restaurant with equipment included
Highly visible corner location
Plenty of parking for customers and staff
Freestanding building with strong street presence
Suitable for restaurant, café, bar & grill, fast-casual, or adaptive reuse
Excellent opportunity for owner-user or investor
This property offers strong potential in a growing regional market and is well-suited for entrepreneurs, established operators looking to expand, or investors seeking a repositioning opportunity.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$8,502
|
$4.39
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,502
|
$4.39
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $8,502 |
| Annual Per SF | $4.39 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,502 |
| Annual Per SF | $4.39 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
1,938 SF
Building Class
C
Year Built/Renovated
1975/2022
Price
$580,000
Price Per SF
$299.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Zoning
B-1 - The property at 1404 E College Drive, Marshall, MN 56258, is zoned for Business/Commercial use.
Parking
26 Spaces (13.42 Spaces per 1,000 SF Leased)
Frontage
191’ on College Drive
Amenities
- Corner Lot
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-527002-0 | Total Assessment | $324,500 (2025) |
| Land Assessment | $109,600 (2025) | Annual Taxes | $8,502 ($4.39/SF) |
| Improvements Assessment | $214,900 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
27-527002-0
Land Assessment
$109,600 (2025)
Improvements Assessment
$214,900 (2025)
Total Assessment
$324,500 (2025)
Annual Taxes
$8,502 ($4.39/SF)
Tax Year
2026 Payable 2026
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1404 E College Dr
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