Prime Commercial Development Opportunity – Cold Spring, MN
High-Visibility 5.74-Acre Site on Highway 23
Strategically located in a high-growth corridor between Cold Spring and Richmond, MN, this C-3 Highway Commercial-zoned property is ideal for retail, service, office, or mixed-use development. Perfect for a multi-tenant center or a mixed-use project with ground-floor retail and upper-level multifamily units.
Key Property Highlights
High Traffic & Visibility – Located on Highway 23, with 15,700 vehicles per day (2019).
Strong Consumer Base – Annual household incomes near $100,000; average home values of $365,000.
Fully Serviced – All utilities available on-site.
Booming Residential Growth – Adjacent to 300 platted residential lots, with 60+ already sold and developed.
Prime Location – Located in a sought-after school district with excellent sightlines and strong traffic exposure.
Strategic Access – Direct entry from Highway 23 via 14th Avenue South, plus secondary access from River Links Drive.
Offering Summary
Sale Price: $599,000
Lot Size: 5.74 Acres
Zoning: C-3 Highway Commercial
Major Employers in Cold Spring, MN
Cold Spring is home to thriving industries and major employers, making it an excellent location for business growth.
Top Employers & Workforce Data
Coldspring (Cold Spring Granite Company) – 800+ employees
GNP Company (Pilgrim’s Pride) – 1,000+ employees
Cold Spring Brewing Company – 300+ employees
School District 750 (ROCORI Schools) – 400+ employees
Assumption Campus (Senior Living & Healthcare) – 150+ employees
Teal’s Market (Grocery Store) – 50+ employees
Cold Spring Bakery (Retail & Commercial Bakery) – 50+ employees
City of Cold Spring (Municipal Government) – 40+ employees
Lumber One (Building Materials & Construction)
Cold Spring Electric (Electrical Services)
Midcontinent Communications (Telecommunications Provider)
Granite Community Bank (Financial Institution)
The Great Blue Heron (Restaurant & Event Center)
Marnanteli’s Pizza (Local Pizzeria & Restaurant)
St. Boniface (Catholic Church & School)
Hardee’s (Fast Food Restaurant)
Westwind Woodworkers (Custom Cabinetry & Woodworking)
Why Invest in This Site?
This highly visible and easily accessible property offers unmatched growth potential in a thriving commercial and residential hub. With strong demographics, increasing residential expansion, and proximity to major employers, this site is positioned for long-term success.
Don’t Miss This Opportunity – Contact Us Today!