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Office Building with 9 Offices
For Sale
Under Contract
$124,900

19 Central Avenue S, Elbow Lake, MN 56531

Commercial Sale, Elbow Lake, MN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market326

Property Features for 19 Central Avenue S

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Rooms Basement
Parking features Covered, Assigned
High school district West Central Area
Directions Head W on 1st St SE toward Central Ave and then go N to Central Ave. Property is on your right.
Standard status Active Under Contract
APN 190033000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1530

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

conference room
kitchenette
bathrooms
storage

Building Details

Year built 1983
Building materials Frame
Roof type Rubber
Listing Agency: Keller Williams Realty Professionals
Listed By: Ryan Hanson · License #1104
Added: Nov 4, 2025 Changed: Sep 25 Last Checked: Sep 26 at 12:06PM
MLS# 6813755

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This frame office building, constructed in 1983, provides a practical multi-room layout with 9 private offices, a conference room, kitchenette, 2 bathrooms, and substantial storage. The property also includes an unfinished lower level for additional storage or future use. A metal exterior, rubber roof, forced-air heat, and central air support straightforward ongoing operations.

Positioned at 19 Central Avenue S in Elbow Lake, the building offers customer access from Central Avenue and covered, assigned parking behind the property. The 0.1-acre site is located in downtown Elbow Lake and combines a compact footprint with a dedicated office configuration suitable for an owner-user or established business seeking additional workspace.

Key Highlights

  • 9 private offices and a spacious conference room
  • 2 bathrooms, kitchenette, and generous storage
  • Unfinished lower level included

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 56531, MN

2,065
Population
924
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
94%
High-School Grad
151.4 sq mi
ZIP Area
14
Density / Sq Mi
$73,162
Median Household Income
$38,750
Median Earnings
$785
Median Rent
$151,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible downtown workplace with private rooms, meeting space, storage, and convenient front and rear access.
Where is this office building located?
The property is located at 19 Central Avenue S Elbow Lake, MN.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 9 private offices and a spacious conference room; 2 bathrooms, kitchenette, and generous storage; Unfinished lower level included
More about this property
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