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Downtown Flex Space with Overhead Garage Door
For Sale
$89,000

308 Main Street, Lakefield, MN 56150

Flex space with brick interior walls, exposed ceilings, and back-alley access including a walk-in door and overhead garage door.

Days on Market125

Property Features for 308 Main Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Road Access Yes
Drive-In Doors 1

Building Details

Year Built 1945
Listing Agency: Edina Realty, Inc.
Listed By: Tara Onken · License #506560119
Source: Juverealestate
Added: Mar 29 Changed: Jul 31 Last Checked: Jul 31 at 2:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This flex space at 308 Main Street in Lakefield, MN was built in 1945 and offers an adaptable interior for a variety of commercial uses. Interior walls are brick, with exposed ceilings that create an open, industrial-style presentation. The space is currently configured without direct street access, with the ability for a future owner to add a custom storefront entrance or vestibule to match their intended use.

Access is off the back alley and includes both a regular walk-in door and an overhead garage door. The rear garage is designed as a clean, functional space that can support storage, a workshop, or other business uses. The front area provides additional room that may be used for retail, office, or other creative commercial concepts.

With the existing layout supporting flexible front-and-rear use, the property can work for businesses seeking a combination of showroom or office space alongside practical garage-area functionality.

Key Highlights

  • Built in 1945 at 308 Main Street, Lakefield, MN
  • Brick interior walls with exposed ceilings
  • No direct street access; storefront entrance or vestibule possible

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Electrical Service Big Box & Wholesale Store Building Supply

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

1
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56150, MN

2,715
Population
1,335
Households
2
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
174.9 sq mi
ZIP Area
16
Density / Sq Mi
$69,224
Median Household Income
$40,693
Median Earnings
$917
Median Rent
$128,500
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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with brick interior walls, exposed ceilings, and back-alley access including a walk-in door and overhead garage door.
Where is this flex space located?
The property is located at 308 Main Street Lakefield, MN.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Built in 1945 at 308 Main Street, Lakefield, MN; Brick interior walls with exposed ceilings; No direct street access; storefront entrance or vestibule possible
More about this property
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