Listing Agency: Real Estate Retrievers j**@realestateretrievers.com Show Phone

Listed By: Jen Rolfs Show Phone

Source: Exprealty

Added: May 29 Changed: Jul 28 Last Checked: Jul 31 at 2:03PM

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Investment Insights

Based on property information with market context.

This flex and warehouse property includes two separate areas that can support a mix of light industrial, retail, office, or storage uses. The shop area features an overhead door, updated electrical service with 220 outlets, new lighting, and a newer furnace. Ongoing renovations are noted for both the shop/storage area and the spacious 30' x 50' north unit.

Located in downtown Luverne, the property offers convenient on-street parking for customers and clients.

The current configuration provides a practical layout for separate operations or divided use within the same building, supported by the shop improvements and continued updates to interior spaces.

Key Highlights

• 4,300 SF commercial flex property in downtown Luverne with two separate areas
• Shop area includes an overhead door
• Updated electrical service with 220 outlets in the shop area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Bakery Daycare Center Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

400

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 56156, MN

6,270

Population

2,756

Households

2.3

Avg Household Size

42

Median Age

28%

College-Educated

94%

High-School Grad

166.9 sq mi

ZIP Area

38

Density / Sq Mi

$75,234

Median Household Income

$42,706

Median Earnings

$726

Median Rent

$200,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

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

Where is this flex space located?

The property is located at 101 S Mckenzie St Luverne, MN.

What is the asking price?

The asking price for this property is $165,000.

What are key features of this property?

This property features: 4,300 SF commercial flex property in downtown Luverne with two separate areas; Shop area includes an overhead door; Updated electrical service with 220 outlets in the shop area