Mixed-Use

Luverne, MN Mixed-use Properties for Sale

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Beaver Creek, MN Kenneth, MN Hills, MN Valley Springs, SD Adrian, MN Rock Rapids, IA Garretson, SD Edgerton, MN
Remodeled Mixed-Use Office Property
Updated: Mar 2
Remodeled Mixed-Use Office Property

212 Main St, Luverne, MN 56156

$285,000
7,300 sqft 0.16 AC lot
7,300 square feet of mixed‑use commercial and residential space
Remodeled office areas with custom desks, shelving, and cabinetry
Two upper‑level apartments with remodeling needed
Lower‑level break room plus two large storage rooms
Rear parking with designated handicap parking
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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 Luverne, 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.

Versatile Mixed-Use Property in Tea
Versatile Mixed-Use Property in Tea

820 Gateway Lane, Tea, SD 57064

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5,320 sqft

5,320 SF mixed-use property with showroom and warehouse space.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

800 Ryan Dr, Tea, SD 57064

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Updated finishes, new shingles, and an extended cement patio support retail, office, or daycare use.

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Mixed-Use Development Commercial Land
Mixed-Use Development Commercial Land

1-29 and West 26th Street, Sioux Falls, SD 57106

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Located within a lakeside project planned for retail, dining, lodging, office, and residential components.

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Historic Mixed-Use Building
Historic Mixed-Use Building

335 N Main Ave, Sioux Falls, SD 57104

$2,700,000

1892 property with professional offices, studio space, finished basement, and elevator access across multiple levels.

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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.

Development Land Near Sioux Falls
Development Land Near Sioux Falls

26660 481st Ave, Brandon, SD 57005

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Development land with easy access to highways near Sioux Falls.

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Luverne, MN Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Luverne, MN on our real estate platform. These investment opportunities span a total of 7,300 square feet of properties for sale, with an estimated market value of $285,000.

Sale prices for multi use buildings in Luverne, MN average $285,000 — 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 6,398
Population Growth (5Y) +10.1%
Median Household Income $75,234
College Educated 36.5%

High-Yield Neighborhoods for Investment

Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56156 $285K

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $13.51 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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