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Luverne, MN

Luverne, MN Commercial Real Estate for Sale

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Magnolia, MN Beaver Creek, MN Ellsworth, MN Hills, MN Kenneth, MN Valley Springs, SD Adrian, MN Little Rock, IA

8 properties

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Downtown Flex Space with Workshop

Updated: May 28

Downtown Flex Space with Workshop

101 S McKenzie St, Luverne, MN 56156

$165,000

4,300 sqft 0.10 AC lot

4,300 square feet of flex space arranged in two separate areas
30' x 50' north unit with renovation work underway
Shop area includes an overhead door and 220‑volt outlets
Updated electrical service, lighting, and a newer furnace
Commercial zoning with retail, workshop, office, or storage potential

Steel-Framed Flex Space

Updated: Apr 16

Steel-Framed Flex Space

419 Gabrielson Rd, Luverne, MN 56156

$425,000

0.86 AC lot

2017 construction with a steel frame, metal siding, metal roof, and concrete flooring
4,000‑square‑foot building divided into two 2,000‑square‑foot units
Two 14' x 14' overhead doors provide access to the building
Separate utilities, independent heating systems, and two separate meters
East unit includes heating and central air conditioning

Agricultural Farmland Tracts

Agricultural Farmland Tracts

Hwy 75, Luverne, MN 56156

Contact for pricing

226.98 AC lot

Four agricultural tracts totaling substantial acreage in Rock County with access from Hwy 75.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Flex Space with Overhead Door

Flex Space with Overhead Door

101 S Mckenzie St, Luverne, MN 56156

$165,000

4,300 sqft

Versatile flex property with two separate areas, overhead door, and updated electrical service with 220 outlets.

Commercial Land with Planned Storage Units

Commercial Land with Planned Storage Units

1551 Kniss Ave, Luverne, MN 56156

$97,500

0.03 AC lot

Under-construction improvements are planned with concrete flooring and metal roofing.

Land, Luverne, MN

Land, Luverne, MN

150th Ave, Luverne, MN 56156

$95,000

2.00 AC lot

Commercial land · 2.00 Acres

Two-Tract Rock County Farmland

Two-Tract Rock County Farmland

Luverne, MN 56156

Contact for pricing

139.40 AC lot

The adjoining parcels are offered through a choice-format auction, with bidding on an individual tract or both together.

Agricultural Land Tracts

Agricultural Land Tracts

0000 Hwy 75, Luverne, MN 56156

Contact for pricing

Four legally described farm tracts in Rock County offer agricultural land with possession available for the 2027 crop year.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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 Property with Salon

Mixed-Use Property with Salon

524 N Main Ave, Garretson, SD 57030

$109,900

1,414 sqft 0.08 AC lot

Two-level building combines a leased salon with a remodeled apartment.

Mixed-Use Building with Apartment

Mixed-Use Building with Apartment

524 N Main Ave, Garretson, SD 57030

$109,900

1,414 sqft

Two-level property combines a leased hair salon with a remodeled residential unit.

Commercial Land with Utility Connections

Commercial Land with Utility Connections

Lester, IA 51242

$103,600

1.55 AC lot

A developable parcel with city water and electrical hookups available.

Commercial Land with Utility Service

Commercial Land with Utility Service

Lester, IA 51242

$115,500

1.58 AC lot

A development parcel planned for city water service and electrical hookups.

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

Estimated value:

$310,000

6,897 sqft 1.01 AC lot

117 Main St

COMMERCIAL (GENERAL)

117 Main St, Luverne, MN 56156-1843

Estimated value: by Request

320 Kniss Ave

COMMERCIAL (GENERAL)

320 Kniss Ave, Luverne, MN 56156

Estimated value:

$300,000

123 Main St

COMMERCIAL (GENERAL)

123 Main St, Luverne, MN 56156-1830

Estimated value:

$120,000

2,373 sqft

918 Walnut Ave

COMMERCIAL (GENERAL)

918 Walnut Ave, Luverne, MN 56156

Estimated value:

$290,000

0.96 AC lot

801 Walnut Service Dr

COMMERCIAL (GENERAL)

801 Walnut Service Dr, Luverne, MN 56156

Estimated value:

$120,000

110 Main St

COMMERCIAL (GENERAL)

110 Main St, Luverne, MN 56156-1829

Estimated value: by Request

310 Kniss Ave

COMMERCIAL (GENERAL)

310 Kniss Ave, Luverne, MN 56156-2214

Estimated value:

$100,000

601 Walnut Ave

COMMERCIAL (GENERAL)

601 Walnut Ave, Luverne, MN 56156-2256

Estimated value:

$140,000

213 Maple St

COMMERCIAL (GENERAL)

213 Maple St, Luverne, MN 56156-1850

Estimated value: by Request

201 Kniss Ave

COMMERCIAL (GENERAL)

201 Kniss Ave, Luverne, MN 56156-1776

Estimated value:

$140,000

201 Kniss Ave

COMMERCIAL (GENERAL)

201 Kniss Ave, Luverne, MN 56156-1776

Estimated value:

$140,000

307 Kniss Ave

COMMERCIAL (GENERAL)

307 Kniss Ave, Luverne, MN 56156

Estimated value:

$300,000

311 Oakley St

COMMERCIAL (GENERAL)

311 Oakley St, Luverne, MN 56156-1533

Estimated value:

$105,000

768 sqft

215 Cedar St

COMMERCIAL (GENERAL)

215 Cedar St, Luverne, MN 56156-1626

Estimated value:

$165,000

101 Main St

COMMERCIAL (GENERAL)

101 Main St, Luverne, MN 56156-1830

Estimated value:

$80,000

825 sqft

Luverne, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Luverne, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 8,600 square feet of properties for sale, with an estimated market value of $947,500.

Sale prices for business properties in Luverne, MN start at $95,000, averaging $189,500, 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.

Luverne, MN CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$189.5K

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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