Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1111 2Nd St SW Elbow Lake, MN 56531

    For Sale
    $139,000

    Commercial - Elbow Lake, MN

    Lot size:
    0.11 Acres
    Days on Market:
    334
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1111 2Nd St SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    APN
    190798300
    Parking features
    None
    Exterior features
    Steel Siding
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    2010
    Architectural style
    Other

    Andrew Yaggie Real Estate (218) 736-9300 [email protected]

    Listing agent Andrew Yaggie (218) 332-0700

    Listing date Jan 6, 2025

    MLS# 6350734 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Airplane Hangar at Elbow Lake Airport

    This is a 3,000 square foot insulated and heated airplane hangar, measuring 50' x 60', located at the Elbow Lake Municipal / Pride of the Prairie Airport (Y63). The steel building includes a 45' x 12' hydraulic door, 12' ceilings, and a 10' x 10' rear overhead door. It is equipped with 100 amp electrical service and a radiant gas heater. The Elbow Lake airport features a 3400 x 60' asphalt runway and a 4,200' long water runway with ramp access. It also offers two GPS WAAS instrument approaches with LPV minimums and an excellent maintenance shop on the field. The property is located in Elbow Lake, MN.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elbow Lake
    County
    Grant
    State
    Minnesota
    Longitude
    -95.99081859
    Latitude
    45.986376

    Nearby Similar for Sale

    • $149,900
      0.10 Acres

      Elbow Lake Commercial Building

      Commercial building in downtown Elbow Lake with offices and parking.
      19 Central Ave S, Elbow Lake, MN 56531
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - Insulated, heated 3,000 SF hangar with hydraulic door.
    Where is this aviation real estate located?
    The property is located at 1111 2Nd St SW Elbow Lake, MN.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - Private 3,000 sq ft insulated & heated airplane hangar (50' x 60').; - Located at Elbow Lake Municipal Airport (Y63) with 3400' asphalt runway and 4200' water runway.; - Features a **45' x 12' hydraulic door** for aircraft access.
    (218) 332-0700
    Request Owner's contact information
    1111 2Nd St SW Elbow Lake, MN 56531
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1111 2Nd St SW
    Elbow Lake, MN 56531
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 2Nd St SW Elbow Lake, MN 56531
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.