26545 Drew Avenue, Elko New Market, MN 55020
$250,000
Property Type:
Commercial
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$250,000
List Date:
5/27/2026
Last Modified:
6/13/2026
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
- Other Parking Spaces
- 0
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
- Assessment Balance
- 0
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
- Parking Lot
- Yes
- Garage Door Opener
- Yes
- Storage
- Yes
Sale Options
- Sale Includes
- Building, Land
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- SUBDIVISIONNAME ELKO-MERGED W/NMC LOT 7&8 BLOCK 002 SUBDIVISIONCD 23029
- Listing City
- Elko New Market
- Map Page
- 204
- Municipality
- Elko New Market
- School District
- Lakeville
- School District Phone
- 952-232-2000
- Zip Plus 4
- 9247
- Property ID Number
- 230290050
- Tax Year
- 2026
- Tax Amount
- 1602
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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.
- Directions
- I-35 to exit 76, right on 260th St. E, left on France Ave, left on Drew Ave, property is on your right
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Shared
- None
- Yes
Basement
- None
- Yes
Construction Materials
- Block
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Block
- Yes
Foundation
- Slab
- Yes
Fuel
- Electric
- Yes
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Lock Box Type
- Combo
- Yes
Owner Pays
- All Utilities
- Yes
Sewer
- City Sewer/Connected
- Yes
Wall Description
- Concrete/Block
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Industrial
- Yes
Current Use
- Vacant
- Yes
Loan Terms
- Cash
- Yes
- Contract for Deed
- Yes
- Contract/Deed w/Assum
- Yes
- Conventional
- Yes
- Conventional Rehab
- Yes
- Lease Purchase
- Yes
- Special Funding
- Yes
Potential Use
- Diversified
- Yes
- Income
- Yes
- Industrial
- Yes
- Lounge/Bar
- Yes
- Other
- Yes
- Professional
- Yes
- Retail
- Yes
- Warehouse
- Yes
- Wholesale
- Yes
Listing Office:
Kris Lindahl Real Estate
Last Updated: June - 13 - 2026
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