Flex Space

Preston, MN Flex Space for Sale

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Flex Building With Heated Shop
Updated: Jul 21
Flex Building With Heated Shop

221 River St SW, Preston, MN 55965

$210,000
5,300 sqft
5,300‑square‑foot flex building constructed in 1946
Heated shop with 2 large overhead doors measuring 12 feet and 16 feet
Front section previously used for a workout center, office space, and retail functions
Men’s and women’s restrooms
Newer metal roof
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Preston, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Renovated Flex Space with Shop
Renovated Flex Space with Shop

Stewartville, MN 55976

$299,000
3,068 sqft

Renovated offices pair with a heated, finished garage and fenced outdoor storage area.

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Flexible Warehouse Office Space
Flexible Warehouse Office Space

120 W 1st Avenue, Cresco, IA 52136

$279,000
12,652 sqft

Flex warehouse with open layout, removable walls, overhead door, sprinkler system, and two commercial entrances.

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Flex Shop with Office Addition
Flex Shop with Office Addition

230 SE 2nd Ave, Cresco, IA 52136

$370,000
5,160 sqft

A 66-by-60 shop with concrete floors, water, a drain, and an overhead door, plus a 2025 office addition.

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Renovated Flex Space With Shop
Renovated Flex Space With Shop

Stewartville, MN 55976

$299,000

Office rooms, a heated garage, and fenced outdoor areas support contractor and equipment-oriented operations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Industrial Land with Interstate Access
Industrial Land with Interstate Access

TBD Lot 4 Waida Road, Winona, MN 55987

$200,000
7.67 AC lot

Build-ready industrial acreage with County Road 12 and WAIDA Road access in a regional business park.

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Preston, MN Flex Space Market Trends and Statistics

Explore 1 flex space for sale in Preston, MN on our real estate platform. These investment opportunities span a total of 5,300 square feet of properties for sale, with an estimated market value of $210,000.

Sale prices for business spaces in Preston, MN average $210,000 — 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 1

Demographics Overview

Population 2,253
Population Growth (5Y) -11.3%
Median Household Income $62,917
College Educated 34.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55965 $210K

Taxes & Financing

Tax Rate (average for all types) 2.91%
Property Tax per SF $14.71 per SF
Tax Rate vs County Average 0.50 pp above county avg
Average Loan-to-Value 65.0%

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