$565,000$
1240 Floyd Wild Drive
Marshall, MN, 56258
About 1240 Floyd Wild Drive
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.
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 Provided Courtesy of Edina Realty, Inc.
1240 Floyd Wild Drive Property Details
Price:
$565,000
MLS #:
NST7064453
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Lyon Cty Coop 1st Add
Listed Date:
May 5, 2026
Total Sq Ft:
5,092
Lot Size:
36,852 sqft / 0.85 acres (approx)
Year Built:
2006
Schools
School District:
Marshall
Interior Features
Cooling
Central Air
Heating
Forced Air
Levels
One
Exterior & Lot Features
Accessibility Features
No Stairs External, No Stairs Internal
Exterior Features
Vinyl
Lot Features
Corner Lot, Irregular Lot
Parking Features
Parking Lot, Paved Lot
Roof
Asphalt
Property Taxes & Financial Details
Maintenance Fee
$3,465
Tax Year
2026
Taxes
$12,406
Location
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1240 Floyd Wild Drive
Marshall, MN




