26545 Drew Avenue, Elko New Market, MN 55020 (MLS# 7066139)

26545 Drew Avenue, Elko New Market, MN 55020

$250,000
Property Type: Commercial Square Footage: 1,974 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $250,000 List Date: 5/27/2026 Last Modified: 6/26/2026

Overview

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, an ...

Listing Details MLS# 7066139

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1970
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1974
Garage Stalls
4
For Sale or Lease
For Sale
Acres
0.17
Lot Dimensions
145x50
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: None Basement: None CMU Style: Industrial Construction Materials: Block Construction Status: Previously Owned Current Use: Vacant Exterior: Block Foundation: Slab Fuel: Electric; Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Contract/Deed w/Assum; Conventional; Conventional Rehab; Lease Purchase; Special Funding Lock Box Type: Combo On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: All Utilities Parking Characteristics: Parking Lot; Garage Door Opener; Storage Potential Use: Diversified; Income; Industrial; Lounge/Bar; Other; Professional; Retail; Warehouse; Wholesale Sewer: City Sewer/Connected Wall Description: Concrete/Block Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
26545
Street Name
Drew
Street Suffix
Avenue
Postal City
Elko New Market
County
Scott
State
MN
Zip Code
55020
Complex/Dev/Subdivision
Elko-Merged W/Nmc

Assessments

Tax With Assessments
1602

Building Information

Building Finished SqFt
1974
Building SqFt
1974

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
1974

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes
IDX
Listing Office: Kris Lindahl Real Estate
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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