This property, a 1.22-acre site located in Welcome, MN, currently houses the former School Bus Garage, a 114x40-foot structure with significant redevelopment potential. Strategically positioned along the main corridor of Welcome adjacent to Casey's General Stores, the site benefits from excellent visibility and easy accessibility, being just a short drive from I-90, a major transportation route. The existing structure offers substantial square footage suitable for conversion into a storage facility, accommodating various types of storage needs, including personal, vehicle, or commercial. Additionally, the expansive lot size provides ample room for future development, such as the addition of multiple storage units, catering to increasing demand for storage solutions in the area.
Former Welcome Elementary- Located between Sherburn and Fairmont along Interstate 90, the former Elementary School in the City of Welcome offers a prime opportunity for developers and entrepreneurs with vision. This substantial property spans over 30,000 square feet, presenting immense potential for a variety of uses. The buildingâ??s size and layout make it adaptable to several redevelopment possibilities, including but not limited to: Private School:Ideal for educational institutions seeking to establish a campus in a serene, accessible community. Multifamily Housing:The expansive space could be converted into apartments or townhomes, meeting the growing demand for housing. Assisted Living Center:The facilityâ??s size and structure make it suitable for senior care, offering a chance to cater to an aging population in the region. Treatment Facility:The building could also serve as a treatment or rehabilitation center, providing much-needed services in a supportive environment. Strategically situated in a peaceful city with close proximity to neighboring urban areas, this property combines accessibility with the charm of a small-town setting. Its solid construction and ample square footage provide a strong foundation for innovative redevelopment projects.
The median home value in Welcome, MN is $59,000. This is lower than the county median home value of $163,600. The national median home value is $338,100. The average price of homes sold in Welcome, MN is $59,000. Approximately 74.25% of Welcome homes are owned, compared to 12.5% rented, while 13.25% are vacant. Welcome 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 Welcome real estate agent to arrange a tour today!
Welcome, Minnesota has a population of 839. Welcome is less family-centric than the surrounding county with 20.57% of the households containing married families with children. The county average for households married with children is 25.79%.
The median household income in Welcome, Minnesota is $52,031. The median household income for the surrounding county is $57,002 compared to the national median of $69,021. The median age of people living in Welcome is 36.7 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 31.5 inches per year, with 43.4 inches of snow per year.