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Executive Summary

Fully operational, revenue-generating greenhouse and retail property on a one-acre B-3 commercial site in Inver Grove Heights — 9 miles from downtown St. Paul with direct access to I-494, I-35E, and US Highway 52. Offered at $900,000.
The property totals approximately 15,400 SF of covered space across five greenhouse structures and a 2,560 SF retail building, plus an additional heated growing structure:
Greenhouse #1: 96 x 40 — 3,840 SF | Concrete floor | 3 furnaces | 2 exhaust fans | 1 hydrant
Greenhouse #2: 93 x 30 — 2,790 SF | 2 furnaces | 1 exhaust fan | 1 shutter vent | 1 hydrant
Greenhouse #3: 96 x 30 — 2,880 SF | 2 furnaces | 1 shuttered exhaust fan & vent | 1 hydrant
Greenhouse #4: 72 x 20 — 1,440 SF | 2 furnaces | 1 exhaust fan | 1 hydrant
Lot House: 60 x 30 — 1,800 SF | Concrete floor | 2 furnaces
Retail Building: 2,560 SF | Est. 1982
Rose House: 20 x 20 — 400 SF | Heated | Uncovered growing space
All covered greenhouse structures maintained with 6 mil poly. City water, full electrical infrastructure, and four on-site hydrants. Currently generating revenue through retail walk-in sales and annual fertilizer programs.
B-3 zoning supports: greenhouse operations, nursery or garden center, floral production, landscaping supply, specialty growing, seasonal retail, and urban agriculture.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Garden Center
Building Size
15,400 SF
Building Class
C
Year Built
1982
Price
$900,000
Price Per SF
$58.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.01 AC
Zoning
B3
Parking
10 Spaces (0.65 Spaces per 1,000 SF Leased)
Frontage
86’ on 65th St

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Gerten's Farm Market
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Gerten's Farm Market Retailer - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Nearby Major Retailers

Snap Fitness 24/7
Old National Bank
Applebee's
Caribou Coffee
Outback Steakhouse

Property Taxes

Property Taxes

Parcel Number
20-81402-01-020
Land Assessment
$136,300
Improvements Assessment
$176,700
Total Assessment
$313,000
  • Listing ID: 40284389

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 2900 E 65th St, Inver Grove Heights, MN 55076

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