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About the Listing 27040 - 506560390
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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Washer/Dryer Hookup
- Water: City Water/Connected
Exterior Details
- Lot Description: Corner Lot,Irregular Lot
- Garage Capacity: N/A
- Lot Dimensions: 0.846 Acres
- Zoning: Business/Commercial
- Roof: Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Parking Lot,Paved Lot
Financial Details
- Tax Amount: $12,406
- Taxes w/Assessments: N/A
- Tax/Property ID: 275060040
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1240 Floyd Wild Dr Marshall, MN 56258
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