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    Lester Prairie, MN
    Mixed-Use

    Lester Prairie, MN Mixed-use Properties for Sale

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    Mixed-Use Building with Apartments
    Updated: Sep 11
    Mixed-Use Building with Apartments

    518 Central Avenue, Lester Prairie, MN 55354

    $325,000
    0.14 AC lot
    Four apartments plus main‑floor commercial space
    Step‑free street entrance with accessible ramp approach
    Tenant parking permitted beside the building under contract
    0.137‑acre property at 518 Central Avenue, Lester Prairie, MN 55354
    Built in 1900 with a flat rubber roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lester Prairie, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Office Suites
    Mixed-Use Building with Office Suites

    215 N Meridian Street, Belle Plaine, MN 56011

    $225,000
    0.20 AC lot

    Separate office and residential components support mixed-use occupancy with updated interior finishes.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    112 W Main Street, Belle Plaine, MN 56011

    $275,000

    Downtown property combines a refinished apartment with customizable commercial space.

    View details
    Highway Duplex with Heated Garage
    Highway Duplex with Heated Garage

    208 State Highway 5, Arlington, MN 55307

    $164,000
    1,853 sqft

    Two residential units pair with a finished accessory garage and flexible former storefront configuration.

    View details
    Duplex With Heated Detached Garage
    Duplex With Heated Detached Garage

    208 Mn-5, Arlington, MN 55307

    $164,000
    2,693 sqft 0.19 AC lot

    Two residential units accompany a detached garage that most recently served as a storefront.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tillable Commercial Land
    Tillable Commercial Land

    Hwy 212, Carver, MN 55315

    $13,800,000
    69.17 AC lot

    Land is guided for mixed-use commercial and industrial development with water available.

    View details

    Lester Prairie, MN Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Lester Prairie, MN on our real estate platform.

    Sale prices for multi use buildings in Lester Prairie, MN average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,089
    Population Growth (5Y) +11.0%
    Median Household Income $94,950
    College Educated 21.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $23.81 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

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