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Property Description
A rare investment opportunity in the heart of Luverne! City Centre is a well-maintained 32-unit condominium complex housed in a beautifully repurposed historic school building, offering a unique blend of character and modern living. Residents enjoy shared amenities including a full-size gymnasium, community room, spacious outdoor green space, coin-operated laundry, and elevator access. The complex offers a mix of 1, 2, and 3-bedroom units, creating broad rental appeal. Ideally located within walking distance of restaurants, shopping, local businesses, Luverne City Park, and the Rock River, this property is positioned for convenience and long-term value. Buyer financing is available, making this a standout investment opportunity.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Electric
Heating: Baseboard
Lot Size: 2.22 Acres
Roof Type: Flat, Rubber, Tar/Gravel
Stories: 3.0
Taxes: $16,266
Year Built: 1925
Feature Descriptions
Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances
Current Use: Residential
Days on Site: 56
Foundation Size: 25000
Handicap Accessible: Accessible Elevator Installed, Hallways 42+, Wheelchair Ramp(s)
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 339x284x339x284
Owners Expense: Grounds Care, Repairs, Snow Removal
Parcel#: TBD
Parking: Parking Lot, Paved Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sale Includes: Building, Fixture/Equipment
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Broadband, Electricity
Units: 32
Utilities: Electric Separate, Heating Separate
Water: City Water/Connected
Local Schools
School District: Luverne
Listed By / Shown By
Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-226-7700
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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109 E Luverne Street, Unit Units 101- | MLS# 7104049
This commercial property located at 109 E Luverne Street, Unit Units 101-, Luverne, MN 56156 is currently listed for sale with an asking price of $1,750,000. E Luverne Street, Unit Units 101- is located within the Luverne school district. Search Luverne real estate on www.counselorrealty.com today.