$250,000
( $126.65Per Sq Foot )
 $1,342 est/mo Sourced by Back At You

26545 Drew Avenue,Elko New Market, MN 55020

Elko New Market, MN 55020

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Description

This property presents a rare opportunity to establish or expand your business in the growing community of Elko New Market. Built in 1977, this solid cinder block commercial building offers durability,functionality, and flexibility for a wide range of business uses. The property is equipped with heating and air conditioning, additional power capacity, and a large parking area with extra parking spaces- a major advantage for customer traffic, employees, deliveries, or multi-business operations.This property is zoned B-2, allowing the opportunity for numerous business opportunities including brew pubs, medical clinics, office space, retail establishments, restaurants, personal service businesses, recreation and fitness facilities, and service based operations. Permitted uses include professional offices, beauty and hair salons, nail salons, massage therapy, physical therapy, tattoo studios, gyms, dance or gymnastics studios, laundromats, tailoring, appliance repair, computer repair, animal grooming, and much more!With its versatile layout, strong construction, high visibility potential, and expansive accommodations,this property is ideal for entrepreneurs, investors, or established businesses looking for a location with endless possibility for growth and success.

Details

MLS #7066139
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site85
Listing Provided ByKris Lindahl Real Estate | Kris Lindahl

Features

SQ Feet1,974
Garage4
Units1
ZoningBusiness/Commercial
Acreage0.17

Interior

CoolingCentral Air
HeatingForced Air

Exterior

Construction MaterialsBlock

Parking

Parking FeaturesAttached Garage, Concrete, Electric, Garage Door Opener, Parking Garage, Parking Lot, Storage

Utilities

UtilitiesElectric Common, Heating Common, Hot Water Common

Taxes

Property1602

Area Information

StateMN
CountyScott
CityElko New Market
Zip Code55020
Community NameElko Merged W/Nmc
School District194
High SchoolLakeville
Listing VS Median (in Elko Merged W/Nmc)
Price:
$250,000
low | high
Med:
$250,000
50% of Average
sqft:
1,974
low | high
Med:
1,974
50% of Average
$ / sqft:
$127
low | high
Med:
$127
50% of Average
On site:
85
low | high
Med:
85
100% of Average
Sourced by Back At You

Market Activity 55020

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 20, 2026 at 5:04:38 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyScott
CityElko New Market
Zip Code55020
Community NameElko Merged W/Nmc
School District194
High SchoolLakeville
Listing VS Median (in Elko Merged W/Nmc)
Price:
$250,000
low | high
Med:
$250,000
50% of Average
sqft:
1,974
low | high
Med:
1,974
50% of Average
$ / sqft:
$127
low | high
Med:
$127
50% of Average
On site:
85
low | high
Med:
85
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $187K - $312K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
9195 Prairie Street Property Photo 1
$409,900
9195 Prairie Street
Elko New Market, MN 55020
Listing Updated: July 23, 2026 at 4:41:18 PM PDT
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