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Steel-Framed Flex Space
For Sale
$425,000

419 Gabrielson Rd, Luverne, MN 56156

COMMERCIAL, Luverne, MN

Property Size4,000 SF
Lot Size0.86 Acres
Price / SF$106.25
Days on Market149

Property Features for 419 Gabrielson Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Luverne
Directions From Hwy 75 turn West on Gabrielson Rd building located on south side of road
Standard status Active
APN 20-1872-200
Lot size 0.86 Acres

Taxes and HOA fees

Tax Description GABRIELSON INDUSTRIAL SUBDIVISION TR 3 IN LOT 2 DESC AS: LOT 2 EXC N252.25' & EXC E100' BLOCK 1
Legal Description GABRIELSON INDUSTRIAL SUBDIVISION TR 3 IN LOT 2 DESC AS: LOT 2 EXC N252.25' & EXC E100' BLOCK 1

Utilities

Cooling system Central Air

Building Details

Year built 2017
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: Land and Home Realty Inc · RE/MAX International
Listed By: Billy Cowell
Added: Apr 16 Changed: Sep 11 Last Checked: Sep 11 at 6:06AM
MLS# 22602652

Copyright © 2026 Realtor Association of the Sioux Empire 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.

Built in 2017, this steel-framed commercial building contains 4,000 square feet divided into two 2,000-square-foot units. Each unit has separate utilities and independent heating, while the east unit also includes air conditioning. The interior configuration can be opened into a single larger area by removing the dividing wall. Concrete flooring, metal siding, and a metal roof complete the building improvements.

The property includes two 14' x 14' overhead doors, three-phase power, natural gas service, and two separate meters. Set on 0.8609 acres and zoned Commercial, the site provides room for expansion or outdoor storage. Its flex-space configuration accommodates independent occupancy or combined use within the same building.

Key Highlights

  • 2017 construction with a steel frame, metal siding, metal roof, and concrete flooring
  • 4,000‑square‑foot building divided into two 2,000‑square‑foot units
  • Two 14' x 14' overhead doors provide access to the building

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Pharmacy Electrical Service Skin Care Clinic

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

168
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two separately metered units offer adaptable occupancy for commercial operations or shared tenancy.
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: 2017 construction with a steel frame, metal siding, metal roof, and concrete flooring; 4,000‑square‑foot building divided into two 2,000‑square‑foot units; Two 14' x 14' overhead doors provide access to the building
More about this property
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