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    Luverne, MN
    Flex Space

    Luverne, MN Flex Space for Sale

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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
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    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
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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Flex Space with Overhead Door
    Flex Space with Overhead Door

    104 Wall St W, Jasper, MN 56144

    $114,900
    5,766 sqft

    Adaptable commercial space combines private offices, open work areas, and unfinished space with high ceilings.

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    Flex Space with Overhead Door
    Flex Space with Overhead Door

    104 W Wall St, Jasper, MN 56144

    $119,900
    5,766 sqft 0.13 AC lot

    Versatile commercial building with offices, open workspace, storage areas, and a separate electrical room.

    View details
    Warehouse with Secured Yard
    Warehouse with Secured Yard

    1312 East 52nd Street N, Sioux Falls, SD 57104

    $950,000

    Light Industrial warehouse with office space, multiple grade-level doors, and a fenced yard.

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    Climate-Controlled Flex Space
    Climate-Controlled Flex Space

    7001 E Arrowhead Pkwy Unit 106, Sioux Falls, SD 57110

    $289,900

    Climate-controlled flex unit with planned gated access on Sioux Falls’ east side.

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    Luverne, MN Flex Space Market Trends and Statistics

    Explore 3 flex space for sale in Luverne, MN, showcased through 3 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 $755,000.

    Sale prices for business spaces in Luverne, MN start at $165,000, averaging $251,666, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 3

    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 $251.7K

    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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