Historic Office
For Sale
Contact for pricing
403 1st St, Lyle, MN 55953
Early twentieth-century commercial building with an existing tenant and adaptable interior layout.
Property SizeContact for details
Lot Size0.09 Acres
Days on Market131
Property Features for 403 1st St
General Information
Standard status
Active
Lot size
0.09 Acres
Property subtype
Office
Property Condition
Severity
Repairs Needed
Evidence
update interior spaces
Additional Details
Gross Income
$21,600
Building Details
Buildings
1
Tenancy
Single
Owner Occupied
No
Listing Agency:
High Point Land Company
(507) 218-1243
Listed By:
Troy Stafford · License #MN 40667435
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 30 at 9:12PM
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 High Point Land Company
Investment Insights
Based on property information with market context.
This office building at 403 1st Street dates to circa 1916 and retains period details, including original safe doors. The commercial interior is arranged for flexible adaptation, supporting continued office occupancy or future repositioning subject to applicable requirements. The property is currently leased, with the tenant responsible for utilities and property taxes under the existing arrangement through June 30, 2026.
The building occupies a 4,095-square-foot lot near downtown Lyle in Mower County. Schools, parks, businesses, and community services are within the surrounding area, while approximately 2500 AADT provides a measurable traffic context for the property. Its early twentieth-century construction and existing commercial occupancy combine historic character with an established operating framework.
The building occupies a 4,095-square-foot lot near downtown Lyle in Mower County. Schools, parks, businesses, and community services are within the surrounding area, while approximately 2500 AADT provides a measurable traffic context for the property. Its early twentieth-century construction and existing commercial occupancy combine historic character with an established operating framework.
Key Highlights
- Existing tenant in place through June 30, 2026
- Tenant‑paid utilities and property taxes
- Circa 1916 construction with original safe doors
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 55953, MN
888
Population
408
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
25
Density / Sq Mi
$66,705
Median Household Income
$41,058
Median Earnings
$525
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Early twentieth-century commercial building with an existing tenant and adaptable interior layout.
Where is this office building located?
The property is located at 403 1st St Lyle, MN.
What are key features of this property?
This property features: Existing tenant in place through June 30, 2026; Tenant‑paid utilities and property taxes; Circa 1916 construction with original safe doors
