534 Labeaux Ave Hanover, MN 55376
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 534 Labeaux Ave
- Year built
- 1977
- Lot size
- 7.74 lot acres
- Property size
- 12,340 SF
- Property type
- Commercial real estate
Description
This exceptional 7.74-acre property at 534 Labeaux Avenue NE in Hanover, Minnesota, presents a unique investment opportunity. The offering includes four parcels, featuring a substantial 2,505 square foot home and impressive shop buildings totaling 9,835 square feet. This significant combined square footage provides ample space for a variety of uses, making it ideal for redevelopment. The property boasts high visibility due to its prime location on County Road 19, ensuring excellent exposure for any future business. The existing structures offer immediate potential for continued use or serve as a solid foundation for a new development. The property's size and location make it suitable for a wide range of commercial ventures. The existing buildings are well-maintained and offer immediate utility. The expansive acreage provides ample room for expansion or future development. This is a rare opportunity to acquire a large, well-located commercial property with significant potential. Note that an additional 14.23 acres is available for purchase separately, presenting an opportunity to expand the property significantly. The asking price for this exceptional 7.74-acre property is $2,200,000. The total building square footage is 12,340 square feet. This property is located in Hanover, Minnesota, offering a strong location for commercial development. The property's high visibility and ample space make it an attractive investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanover
- County
- Wright
- State
- Minnesota
- Longitude
- -93.665
- Latitude
- 45.1597
