The median home value in Elk River, MN is $385,000.
This is
higher than
the county median home value of $320,000.
The national median home value is $308,980.
The average price of homes sold in Elk River, MN is $385,000.
Approximately 77% of Elk River homes are owned,
compared to 19% rented, while
5% are vacant.
Elk River real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Elk River real estate agent to arrange a tour today!
Learn more about Elk River.
Medium Retail Box. Single tenant with just over 8 years left on the initial 10 year lease term.The Tenant has an option to renew for an additional 5 years.This building is located between the Menards and Coborns on Highway 169. Co tenants include Culver's, Sherwin Williams, and Northwoods Dance.The property has excellent highway visibility in a well established retail trade area. 2 drive through service doors, 3 Dock doors, plenty of parking and sharp aesthetics.
Class A Restaurant with extremely high traffic flow in a prime Elk River location! This stunning space can be used as a turnkey restaurant or another use. Enjoy all the furniture, bars, and decor included! The conditioned garage space is a buyers dream with large overhead doors. Come see this wonderful opportunity to unit a beautiful building that can be used for multiple business opportunities.
6.55% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 9 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.
Excellent opportunity awaits! Former gas station (pumps removed) with convenient store (existing) and car wash. Highly visible location with private entrance off 197th and a shared parking entrance off of Evans St. The site has great potential for future retail, salon, restaurant or utilize the existing buildings and start your new adventure. Property being sold AS-IS.