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    Luverne, MN
    Flex Space

    Luverne, MN Flex Space for Sale

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    Beaver Creek, MN Hardwick, MN Kenneth, MN Hills, MN Valley Springs, SD Adrian, MN Rock Rapids, IA Garretson, SD
    Flex Space with Overhead Door
    Updated: May 28
    Flex Space with Overhead Door

    101 S McKenzie St, Luverne, MN 56156

    $165,000
    4,300 sqft 0.10 AC lot
    4,300 square feet of flex space
    30' x 50' north unit
    Overhead door serving the shop area
    Updated electrical service with 220 outlets
    Commercial zoning in downtown Luverne
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    Steel-Framed Warehouse with Two Units
    Updated: Apr 16
    Steel-Framed Warehouse with Two Units

    419 Gabrielson Rd, Luverne, MN 56156

    $425,000
    0.86 AC lot
    50' x 80' steel‑framed warehouse built in 2017
    Currently divided into two 40' x 50' units with separate utilities
    Two separate meters and independent heating for each unit
    East unit has heating and air conditioning
    Two 14' x 14' overhead doors plus three‑phase power and natural gas
    View details
    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 Building with Warehouse Space
    Flex Building with Warehouse Space

    1210 East Benson Road, Sioux Falls, SD 57104

    Contact for pricing
    11,920 sqft 1.65 AC lot

    Temperature-controlled space combines office, showroom, and warehouse functions.

    View details
    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    1310 E 39th St N, Sioux Falls, SD 57104

    Contact for pricing
    12,480 sqft

    Flex facility with an updated office area, five 14' overhead doors, and a fenced storage yard with security gate.

    View details
    Multi-Unit Industrial Flex Building
    Multi-Unit Industrial Flex Building

    506 W Industrial Rd, Canton, SD 57013

    Contact for pricing
    2.00 AC lot

    Four flex units each feature a shop with an office, bathroom, and 12' x 14' garage door.

    View details
    Retail Flex Building with Overhead Door
    Retail Flex Building with Overhead Door

    119 S Broadway St, Canton, SD 57013

    Contact for pricing

    Retail showroom and private offices include shop space with an overhead door, floordrain, and temperature-controlled interior.

    View details

    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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