Listing Agency: RE/MAX Dynamic Agents c***@mankatocre.com Show Phone

Listed By: Carlos Carrera · License #MN 20451253

Source: Crexi

Added: Dec 17, 2024 Changed: Aug 30 Last Checked: Aug 30 at 5:30AM

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Investment Insights

Based on property information with market context.

The former Welcome Elementary School is a 33,716-square-foot institutional building at 308 4th St in Welcome, Minnesota. Its existing scale and school-oriented layout provide a substantial structure for buyers evaluating redevelopment or continued institutional use.

The property is situated between Sherburn and Fairmont, with Interstate 90 providing regional access. Located within the City of Welcome, the building offers a sizable existing improvement in a small-town setting. The property’s broad interior footprint supports review of multiple redevelopment concepts, subject to applicable approvals and requirements.

Key Highlights

• 33,716‑square‑foot former elementary school building
• Located at 308 4th St in Welcome, MN 56181
• Positioned between Sherburn and Fairmont

Property Analytics

Property Profile

Current Use

Martin County West ... High School Martin County Farm ... Food Processing Plant

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher Auto Repair Shop Grocery & Convenience Store Garden Center

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

64

Businesses Nearby

Explore this area Business Placement

Demographics for 56181, MN

1,144

Population

566

Households

2

Avg Household Size

45

Median Age

14%

College-Educated

92%

High-School Grad

62.3 sq mi

ZIP Area

18

Density / Sq Mi

$59,821

Median Household Income

$38,313

Median Earnings

$705

Median Rent

$99,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this schools 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?

School - Substantial existing facility positioned in a small-town setting with access to nearby communities and Interstate 90.

Where is this school located?

The property is located at 308 4th St Welcome, MN.

What are key features of this property?

This property features: 33,716‑square‑foot former elementary school building; Located at 308 4th St in Welcome, MN 56181; Positioned between Sherburn and Fairmont