Luverne, MN Commercial Real Estate for Sale

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Beaver Creek, MN Kenneth, MN Hills, MN
Versatile Commercial Property in Luverne
Updated: May 28
Versatile Commercial Property in Luverne

101 S McKenzie St, Luverne, MN 56156

$165,000
4,300 sqft · 0.10 AC lot
4,300 sq. ft. downtown Luverne commercial property with two separate areas for retail, workshop, office, or storage use
Shop area features an overhead door and updated electrical service with 220 outlets
Newer furnace in the shop area
30' x 50' north unit with ongoing renovations in the shop and storage areas
On‑street parking for convenient customer and client access
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Versatile Steel-Framed Commercial Building
Updated: Apr 16
Versatile Steel-Framed Commercial Building

419 Gabrielson Rd, Luverne, MN 56156

$425,000
4,000 sqft · 0.86 AC lot
Built in 2017: Modern construction.
Divisible into two units with separate utilities: Great income potential.
Steel‑framed construction: Durable and versatile.
Three‑phase power and natural gas service available.
Two 14' x 14' overhead doors for easy access.
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Newly Remodeled Office Building
Newly Remodeled Office Building

212 Main St, Luverne, MN 56156

$285,000
7,300 sqft · 0.16 AC lot

Remodeled office space with lower-level brake room and desks, plus two upper apartments for additional income potential.

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Commercial Storage Units - Luverne
Commercial Storage Units - Luverne

1551 Kniss Ave, Luverne, MN 56156

$97,500
0.03 AC lot

New commercial storage units to be built in 2026.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Hair Salon
Mixed-Use Building with Hair Salon

524 N Main Ave, Garretson, SD 57030

$113,999
1,414 sqft · 0.08 AC lot

Two-story mixed-use property combining a leased hair salon with an upstairs 2-bedroom apartment.

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Historic Mixed-Use Building For Sale
Historic Mixed-Use Building For Sale

529 North Main Avenue, Garretson, SD 57030

$429,000
4,800 sqft

Mixed-use building with apartments and commercial space in Garretson, SD.

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Affordable Storage Unit in Kenneth
Affordable Storage Unit in Kenneth

2nd St, Kenneth, MN 56147

Contact for pricing
0.03 AC lot

Storage unit with steel siding, cement floor, and electricity.

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Affordable Storage Unit For Sale
Affordable Storage Unit For Sale

0 2nd St, Kenneth, MN 56147

Contact for pricing

Storage unit with steel siding, cement floor, and electricity.

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Off-Market Properties in Luverne, MN

Consider similar Off-Market properties in Luverne, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1202 Kniss Ave
COMMERCIAL (GENERAL)

1202 Kniss Ave, Luverne, MN 56156-2253

Value Estimation by Request
6,897 sqft · 1.01 AC lot
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117 Main St
COMMERCIAL (GENERAL)

117 Main St, Luverne, MN 56156-1843

Value Estimation by Request
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320 Kniss Ave
COMMERCIAL (GENERAL)

320 Kniss Ave, Luverne, MN 56156

Value Estimation by Request
View details
123 Main St
COMMERCIAL (GENERAL)

123 Main St, Luverne, MN 56156-1830

Value Estimation by Request
2,373 sqft
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918 Walnut Ave
COMMERCIAL (GENERAL)

918 Walnut Ave, Luverne, MN 56156

Value Estimation by Request
0.96 AC lot
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801 Walnut Service Dr
COMMERCIAL (GENERAL)

801 Walnut Service Dr, Luverne, MN 56156

Value Estimation by Request
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110 Main St
COMMERCIAL (GENERAL)

110 Main St, Luverne, MN 56156-1829

Value Estimation by Request
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310 Kniss Ave
COMMERCIAL (GENERAL)

310 Kniss Ave, Luverne, MN 56156-2214

Value Estimation by Request
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601 Walnut Ave
COMMERCIAL (GENERAL)

601 Walnut Ave, Luverne, MN 56156-2256

Value Estimation by Request
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213 Maple St
COMMERCIAL (GENERAL)

213 Maple St, Luverne, MN 56156-1850

Value Estimation by Request
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201 Kniss Ave
COMMERCIAL (GENERAL)

201 Kniss Ave, Luverne, MN 56156-1776

Value Estimation by Request
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201 Kniss Ave
COMMERCIAL (GENERAL)

201 Kniss Ave, Luverne, MN 56156-1776

Value Estimation by Request
View details
307 Kniss Ave
COMMERCIAL (GENERAL)

307 Kniss Ave, Luverne, MN 56156

Value Estimation by Request
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311 Oakley St
COMMERCIAL (GENERAL)

311 Oakley St, Luverne, MN 56156-1533

Value Estimation by Request
768 sqft
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215 Cedar St
COMMERCIAL (GENERAL)

215 Cedar St, Luverne, MN 56156-1626

Value Estimation by Request
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101 Main St
COMMERCIAL (GENERAL)

101 Main St, Luverne, MN 56156-1830

Value Estimation by Request
825 sqft
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205 Warren St
COMMERCIAL (GENERAL)

205 Warren St, Luverne, MN 56156-1852

$1,450,000
Estimated value
28,594 sqft
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Luverne, MN 56156
COMMERCIAL (GENERAL)

Luverne, MN 56156

$1,400,000
Estimated value
View details
Luverne, MN 56156
COMMERCIAL (GENERAL)

Luverne, MN 56156

$1,400,000
Estimated value
View details
417 Gabrielson Rd
COMMERCIAL (GENERAL)

417 Gabrielson Rd, Luverne, MN 56156-2251

Value Estimation by Request
View details

Luverne, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Luverne, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,600 square feet of properties for sale, with an estimated market value of $875,000.

Sale prices for business properties in Luverne, MN start at $165,000, averaging $291,666, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,398
Population Growth (5Y) +10.1%
Median Household Income $75,234
College Educated 36.5%

High-Yield Neighborhoods for Investment

Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56156 $243.1K

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $13.51 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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