1300 E College Dr, Marshall, MN 56258 - MLS 6580798

1300 E College Drive, Marshall, MN 56258 - Photo 1

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$350,000 -$10,000 (-2.78%) Price Reduced

For Sale
Active
Business
972 Sq. Ft.
0.19 Acres
Updated 6 days ago

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Property Description

Discover an exceptional opportunity to own a your very own restaurant on a prime corner lot located on East College Drive in Marshall. This bustling and highly sought-after part of town is known for its heavy foot traffic and vibrant atmosphere, nestled among several schools, dining options, and businesses. The restaurant features both dine-in and a convenient drive-through, making it an ideal choice for customers on the go. The corner lot offers multiple entries to the parking lot and drive-through, ensuring easy access and smooth traffic flow. Equipped with a security system, the property ensures peace of mind for owners and patrons alike. This prime location offers unparalleled visibility and access, perfect for attracting a steady stream of customers and driving business success. Schedule your showing today and discover your potential!

Full Property Details

Full Property Details for 1300 E College Dr

General

Price: $350,000
Taxes: $4,989 (2024)
Status: Active
Type: Business
Source: NorthStarMLS_RMLS
MLS ID: 6580798
Updated: 9/13/2024
Added to Site: 43 day(s) ago

Parking

Parking Features: Concrete, Guest Parking

Location

County: Lyon
Driving Directions: Located on south side East College Drive, next to Taco Bell.

School Information

School District: 413 - Marshall
High School District: Marshall

Heating & Cooling

Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

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

Structural Information

Exterior Const.: Stucco
Basement: Yes
Basement Desc.: Partial
Foundation Size: 972
Disability Access: Grab Bars In Bathroom, No Stairs External
Square Feet: 972
Finished Down/Base.: 972 Sq. Ft.
Current Bldg. Use: Commercial, Food Service
Year Built: 1977

Unit Information

Units w/Refrigerators: 1

Lot Features

Lot Size (Acres): 0.19
Lot Dimensions: 0.478 Acres
Frontage: Curbs, Paved Streets, Sidewalks, Street Lights, State Road
Potential Use: Office, Professional Service, Restaurant, Retail, Service Station, Grocery, Investment, Bar/Tavern
Zoning: Business/Commercial
Lot Description: Corner Lot

Financial Considerations

Tax Amount: $4,989
Tax Year: 2024
Owner Pays: All Utilities

Disclosures and Reports

Legal Description: PT NE4 SW4 BEG 33' S & 796' W OF NE COR TO BEG S 92' E 145' N 92' W 145' DEED 122-625
Inclusions: Building, Fixture/Equipment
Property ID: 275980330

Listed by Edina Realty, Inc.

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— 1300 E College Dr —

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Schools

Schools serving 1300 E College Dr

School District:Marshall Public School District

Name	Grades	Distance
Park Side Elementary School 1300 E Lyon St, Marshall, MN 56258	K-2	0.4 mi
Marshall Middle School 401 S Saratoga St, Marshall, MN 56258	5-8	1.1 mi
West Side Elementary School 500 S 4th St, Marshall, MN 56258	3-4	1.5 mi
Marshall High School 400 Tiger Dr, Marshall, MN 56258	9-12	0.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1300 E College Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/13/2024

Price Reduced

$350,000

-2.78%

MLS

9/09/2024

Price Reduced

$360,000

-4%

MLS

8/26/2024

Price Reduced

$375,000

-6.25%

MLS

8/08/2024

Listed

$400,000

—

MLS

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.

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1300 E College Drive, Marshall, MN 56258 (MLS# 6580798) is a Business property. 1300 E College Drive is currently listed for $350,000 and was received on August 08, 2024. Want to learn more about 1300 E College Drive? Do you have questions about finding other Business real estate for sale in Marshall? You can browse all Marshall real estate or contact a Coldwell Banker agent to request more information.

1300 E College Dr Marshall, MN 56258