1420 E College Drive,Marshall, MN 56258
Marshall, MN 56258
Description
Rare commercial opportunity in a prime Marshall location. This expansive property sits on approximately 15.2 acres with excellent visibility and convenient access off Highway 23, offering a unique opportunity for investors, developers, and owner-users. The property currently features 23 individual units and B-3 General Business District zoning, offering tremendous potential for redevelopment, investment, retail,office, service businesses, or a combination of uses. The existing property provides an opportunity for a buyer to transform the current space to fit their vision and business needs. Bring your vision, yourbusiness plan, and your ideas. This property has the space and potential to make them happen. Buyers and buyers' agents to verify zoning, permitted uses, measurements, utilities, and all information importantto their intended use.
Details
| MLS # | 7139761 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 25 |
| Listing Provided By | RE/MAX Advantage Plus | Laura Deslauriers |
Features
| Story(s) | 1 |
|---|---|
| Units | 23 |
| Zoning | Business/Commercial |
| Acreage | 15.22 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Exterior
| Roof | Age Over 8 Years |
|---|
Parking
| Parking Features | Parking Lot |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate |
|---|
Taxes
| Property | 36920 |
|---|
Area Information
| State | MN |
|---|---|
| County | Lyon |
| City | Marshall |
| Zip Code | 56258 |
| School District | 413 |
| High School | Marshall |
| Listing VS Median (in 56258) | |
Price: $1,900,000 low | high Med: $252,500 On site: 25 low | high Med: 21.5 | |
Market Activity 56258
Request a showing
Request a showing
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 30, 2026 at 6:24:51 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Lyon |
| City | Marshall |
| Zip Code | 56258 |
| School District | 413 |
| High School | Marshall |
| Listing VS Median (in 56258) | |
Price: $1,900,000 low | high Med: $252,500 On site: 25 low | high Med: 21.5 | |
 | $1,215,0001501 E College DriveMarshall, MN 56258 |