For Sale: Luverne MLS# 6712898
Active
NEW!
$225,000
Commercial: Apartments/Retail
Built 1893
0.08 acres
Luverne schools
MLS# 6712898
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Property Description
Dream big and live boldly in the heart of downtown Luverne! This standout commercial property offers over 3, 500 sq. ft. of street-level space â?? ideal for retail, office, or studio use â?? complete with an updated restroom and two eye-catching lofts that overlook the main floor. These flexible upper spaces are perfect for displays, offices, or creative work zones.
Upstairs, youâ??ll love the character-filled 2-bedroom, 1-bath apartment thatâ??s move-in ready with appliances included â?? offering instant rental income or a cozy live-in opportunity. And there's more! A second upper-level unit is ready for your finishing touch, giving you even more potential to customize or expand.
With updates like exterior tuckpointing (2015), upgraded electrical service, electric water heater, modern lighting, and a newer furnace upstairs, the hard work is already done.
Whether you're dreaming of owning a storefront, investing in rental income, or creating your own live/work lifestyle â?? this building has the space and style to make it happen. Call your agent today and take the first step toward making this downtown dream your reality!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$225,000
Property Type:
Commercial
City:
Luverne
Garage Spaces:
0
County:
Rock
Year Built:
1893
State:
MN
Property Style:
Apartments/Retail
Zip Code:
56156
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Electric Water Heater
- Range
- Refrigerator
Basement Details:
- Full
- Stone/Rock
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,536 ft2
Foundation Dimensions:
26x136
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Unit Amenities:
- Ceiling Fan(s)
- Hardwood Floors
Road Frontage:
- County Road
- Curbs
- Sidewalks
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
- Flat
- Rubber
Lot & Land
Acres:
0.08
Geolocation:
43.6540173111, -96.2075308731
Inclusions:
Building, Land
Lot Dimensions:
26 x 136
Zoning:
Business/Commercial
Lot Description:
Zero Lot Line
Schools
School District:
2184
District Phone:
507-283-8088
Expenses
Annual Fuel Expense:
$1,213
Annual Insurance Expense:
$1,747
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,140
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,140
Units
Total Units:
2
Miscellaneous
Current Use:
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Real Estate Retrievers-Luverne.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.