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Two-Unit Flex Building
For Sale
$425,000

419 Gabrielson Rd, Luverne, MN 56156

Separate utility service and independent heating support occupancy by multiple users or a single business.

Property Size4,000 SF
Price / SF$106.25
Days on Market198

Property Features for 419 Gabrielson Rd

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Utilities to Site Yes
Three-Phase Power Yes
Property Use Workshop/Warehouse

Building Details

Year Built 2017
Buildings 1
Building Size 4,000 SF
Construction steel frame
Listing Agency: Land and Home Realty Inc
Listed By: Billy Cowell
Source: Landmarkrealtyandauction
Added: Apr 16 Changed: Oct 30 Last Checked: Oct 30 at 1:44AM

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 Land and Home Realty Inc

Rey
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Investment Insights

Based on property information with market context.

Built in 2017, this steel-framed flex building measures 50' x 80' and is configured as two 40' x 50' units. Each unit has separate utility service and its own heating system; the east unit also has air conditioning. The interior dividing wall can be removed to combine the spaces. Two 14' x 14' overhead doors provide building access.

The property has three-phase power, natural gas service, and two separate meters. The lot also has room for expansion or outdoor storage.

Key Highlights

  • 50' x 80' steel‑framed building, built in 2017
  • Two 40' x 50' units with separate utility service
  • Two 14' x 14' overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Pharmacy Skin Care Clinic Electrical Service

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56156, MN

6,270
Population
2,756
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
166.9 sq mi
ZIP Area
38
Density / Sq Mi
$75,234
Median Household Income
$42,706
Median Earnings
$726
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Separate utility service and independent heating support occupancy by multiple users or a single business.
Where is this flex space located?
The property is located at 419 Gabrielson Rd Luverne, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 50' x 80' steel‑framed building, built in 2017; Two 40' x 50' units with separate utility service; Two 14' x 14' overhead doors
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