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Flex Space with Metal Roof
For Sale
$299,900

406 W State Hwy 60, Elysian, MN 56028

COMMERCIAL - Elysian, MN

Property SizeContact for details
Days on Market58

Property Features for 406 W State Hwy 60

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district Waterville-Elysian-Morristown #2143
Middle school district Waterville-Elysian-Morristown #2143
High school district Waterville-Elysian-Morristown #2143
Directions State Hwy 60 to Elysian, property is on the South side of the road.
Subdivision ELYSN/WATERVLE
Standard status Active
APN 16.410.1035

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF ELYSIAN/ELYSIUM .54 AC THAT PART OF LOTS 1-10 & LOTS 17-21 IN BLK22 CITY OF ELYSIAN DESC AS: COMM AT SW COR OF LOT 15, TH N 100.7 FT, E 116.67 FT TO BEG, TH CONT E 233.35
Tax Annual Amount 4420
Legal Description CITY OF ELYSIAN/ELYSIUM .54 AC THAT PART OF LOTS 1-10 & LOTS 17-21 IN BLK22 CITY OF ELYSIAN DESC AS: COMM AT SW COR OF LOT 15, TH N 100.7 FT, E 116.67 FT TO BEG, TH CONT E 233.35

Utilities

Heating system Wall Furnace, Space Heater

Building Details

Year built 2005
Roof type Metal
Listing Agency: REALTY EXECUTIVES ASSOCIATES · Realty Executives International
Listed By: MEGAN JAMES · License #20380773
Added: Jun 12 Changed: Aug 4 Last Checked: Aug 8 at 9:06PM
MLS# 267040576

Copyright © 2026 Realtor Association of Southern Minnesota. 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 flex space is a versatile commercial building with a metal roof and heating provided by a wall furnace and space heater. Built in 2005, the property is set up to support a range of business uses and can also include a vacation-rental component.

The property is positioned along W State Hwy 60 in Elysian, MN, offering highway visibility and straightforward access for prospective customers and guests. The building includes a Conditional Use Permit (CUP) for a vacation rental, adding flexibility for how the space may be utilized.

For buyers looking for a commercial property with both roadway exposure and an approved vacation-rental option, this combination of attributes supports multiple ownership and operating strategies to consider.

Key Highlights

  • Flex space building with metal roof
  • Built in 2005
  • Heating includes wall furnace and space heater

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Storage Facility Computer & Electronic Repair Pet Grooming Service Daycare Center Cafe & Coffee Shop

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
Highway access

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56028, MN

1,271
Population
664
Households
1.9
Avg Household Size
50
Median Age
33%
College-Educated
97%
High-School Grad
17.9 sq mi
ZIP Area
71
Density / Sq Mi
$103,542
Median Household Income
$56,615
Median Earnings
$1,093
Median Rent
$357,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space on W State Hwy 60 with metal roof and heating via wall furnace and space heater.
Where is this flex space located?
The property is located at 406 W State Hwy 60 Elysian, MN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Flex space building with metal roof; Built in 2005; Heating includes wall furnace and space heater
More about this property
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