Luverne MN Commercial for Sale

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Type:
Low-Rise
Sq.Ft.:
25,000
Status:
Active
Beds:
n/a
Lot size:
2.22 Acres
Year built:
1925
Baths:
MLS#:
6608513

ADDITIONAL INFORMATION

Don’t miss this prime investment opportunity to own within the City Centre Condo building, located in the heart of Luverne! This offering includes 8 units on the 3rd floor of the beautifully renovated historic school building, featuring unique residential spaces and a full-size gymnasium for recreation. The well-maintained property boasts spacious yard areas, a community room for events and gatherings, shared coin laundry, and elevator access to all upper floors. The units include a mix of 1.5 & 2-bedrooms. Ideally situated near local restaurants, shops, businesses, Luverne City Park, and the Rock River.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1976
Baths:
1.00
MLS#:
22406865
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Great Opportunity Downtown Luverne! Are you in the market to start, expand or move your business? If so, look no further, this 1,600+/- finished sq. ft. building could be the perfect place! Nestled right on Main Street you will have great visibility to the public! This building has off-street parking and an awesome open floor plan ready for all your ideas! Be sure to check it out!

Type:
Low-Rise
Sq.Ft.:
75,000
Status:
Active
Beds:
n/a
Lot size:
2.22 Acres
Year built:
1925
Baths:
MLS#:
6578414

ADDITIONAL INFORMATION

Discover the City Centre condominium complex, a prime 33-unit complex in the vibrant heart of Luverne! Once an original school building, this property has been masterfully transformed into distinctive residential units, complete with a full court gymnasium for recreation year-round. The well-maintained building features a spacious outdoor yard, a community room for events and gatherings, a shared coin laundry room and elevator access to upper floors. Offering a variety of 1, 2, and 3-bedroom units, this property is an attractive investment. Buyer financing is available. Located conveniently near restaurants, shops, businesses, Luverne City Park and the Rock River, this is an opportunity you don’t want to miss!

Type:
Low-Rise
Sq.Ft.:
54,000
Status:
Active
Beds:
n/a
Lot size:
2.53 Acres
Year built:
2022
Baths:
MLS#:
6536480

ADDITIONAL INFORMATION

In 2022, Luverne, Minnesota welcomed two award-winning energy-efficient apartment buildings, each comprising 27 units. These pioneering structures are designed to meet the highest environmental standards, focusing on sustainability and energy efficiency. Both buildings are recognized by the Dept of Energy as an industry leader. Featuring advanced insulation materials, triple-glazed windows, and efficient HVAC systems. The buildings minimize energy loss and operational costs while ensuring comfort for residents year-round. Each unit is equipped with energy-efficient appliances and fixtures, contributing to their overall sustainability. Designed with a modern look that complements Luverne's architectural landscape, these apartments promote a healthy living environment with ample natural light and ventilation. Landscaped green spaces encourage community interaction and outdoor activities, fostering a strong sense of community among residents.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved


Andrea D. Conner, License 17600, Xome Inc., License 13405**, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Xome, Inc. are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.



Luverne Real Estate

The median home value in Luverne, MN is $207,400. This is higher than the county median home value of $200,900. The national median home value is $338,100. The average price of homes sold in Luverne, MN is $207,400. Approximately 67.84% of Luverne homes are owned, compared to 25.46% rented, while 6.71% are vacant. Luverne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Luverne real estate agent to arrange a tour today!

Luverne, Minnesota has a population of 4,929. Luverne is less family-centric than the surrounding county with 30.22% of the households containing married families with children. The county average for households married with children is 33.68%.

The median household income in Luverne, Minnesota is $65,043. The median household income for the surrounding county is $68,638 compared to the national median of $69,021. The median age of people living in Luverne is 37.8 years.

Luverne Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 6.1 degrees. The average rainfall is approximately 28.7 inches per year, with 39.7 inches of snow per year.

Luverne Real Estate Market Conditions

  • Median sales price

    $207,400
    14.7% change since last quarter
  • # Active listings

    35
    30-day change

Luverne Schools and Demographics

Education near Luverne, MN

Metric City County
High School Graduates 95.01 94.37
College Degree - 2 year 11.25 13.42
College Degree - 4 year 28.31 25.74
Graduate Degree 6.84 5
Expenditures per Student 22,057 22,057
Students per Teacher 14.5 14.5

Elementary Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Ellsworth Elementary School PK - 06 70 7.3 56129
Hills-Beaver Creek Elementary School PK - 06 213 16.3 56116
Luverne Elementary School PK - 05 559 14.1 56156

Middle Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Luverne Middle School 06 - 08 265 14.1 56156

High Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Ellsworth Secondary School 07 - 12 75 8.5 56129
Hills-Beaver Creek Secondary School 07 - 12 140 13 56138
Luverne Senior High School 09 - 12 375 16 56156

Ungraded Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
* Luverne Alternative Program 10 - 12 0 2.1 56156
Southwestern Youth Services 06 - 12 14 8.5 56158

Demographics near Luverne, MN

Metric City County
Neighborhood Type Small Town
Population 4,929 9,718
Population Density 1,369 20
Median Age 37.8 40.4
People per Household 2.3 2.4
Median Household Income 65,043 68,638
Average Income per Capita 32,952 34,517