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$250,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1,974 Sq. Ft.
  • 0.17 Acres
  • Updated 2 hours ago
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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.

Full Property Details for 26545 Drew Ave

General

  • Price: $250,000
  • Taxes: $1,602 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7066139
  • Updated: Today (5/27/2026)
  • Added to Site: Today

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Attached Garage, Concrete, Electric, Garage Door Opener, Parking Garage, Parking Lot, Storage

Location

  • County: Scott
  • Township: Elko New Market
  • Subdivision: Elko-Merged W/Nmc
  • Driving Directions: I-35 to exit 76, right on 260th St. E, left on France Ave, left on Drew Ave, property is on your right

School Information

  • School District: 194 - Lakeville
  • High School District: Lakeville

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block
  • Foundation Size: 1974
  • Disability Access: None
  • Square Feet: 1,974
  • Finished Down/Base.: 1,974 Sq. Ft.
  • Current Bldg. Use: Vacant
  • Year Built: 1970

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: 145 x 50
  • Potential Use: Agriculture, Other, Professional Service, Retail, Warehouse, Diversified, Wholesale, Income, Industrial, Lounge/Bar
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,602
  • Tax Year: 2026
  • Terms: Conventional Rehab, Contract/Deed w/Assum, Contract for Deed, Conventional, Cash, Lease Purchase, Special Funding
  • Owner Pays: All Utilities

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME ELKO-MERGED W/NMC LOT 7&8 BLOCK 002 SUBDIVISIONCD 23029
  • Inclusions: Building, Land
  • Property ID: 230290050

Listed by Kris Lindahl Real Estate

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Listing agents

— 26545 Drew Ave —

  • Kris Lindahl Real Estate

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 26545 Drew Ave

School District:Lakeville Area Schools
NameGradesDistance
Kennedy Elementary School, Lakeville, MN
21240 Holyoke Avenue, Lakeville, MN 55044
K-56.9 mi
Mcguire Middle School
21220 Holyoke Avenue, Lakeville, MN 55044
6-86.8 mi
Lakeville South High School
21135 Jacquard Avenue, Lakeville, MN 55044
9-126.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 26545 Drew Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Listed
$250,000
400%
MLS
4/18/2014
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 26545 Drew Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,040
28%
$83,900
2%
2024
$1,590
—
$82,300
3%
2024
$1,590
42%
$79,900
2%
2023
$1,118
-8%
$78,300
35%
2022
$1,210
-2%
$58,000
—
2021
$1,232
-4%
$58,000
-1%
2020
$1,286
—
$58,800
1%
2020
$1,286
8%
$58,000
5%
2019
$1,190
9%
$55,100
11%
2018
$1,090
-10%
$49,800
21%
2017
$1,206
-3%
$41,300
—
2016
$1,244
-47%
$41,200
1%
2015
$2,328
-2%
$40,800
—
2014
$2,384
-1%
$40,600
-5%
2013
$2,410
—
$42,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Kris Lindahl Real Estate

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26545 Drew Avenue, Elko New Market, MN 55020 (MLS# 7066139) is a Commercial property. 26545 Drew Avenue is currently listed for $250,000 and was received on May 27, 2026. Want to learn more about 26545 Drew Avenue? Do you have questions about finding other Commercial real estate for sale in Elko New Market? You can browse all Elko New Market real estate or contact a Coldwell Banker agent to request more information.

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