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109 E Luverne St - City Centre Apartments Units 329-336 25,000 SF Retail Condo Unit Offered at $459,000 in Luverne, MN 56156
INVESTMENT HIGHLIGHTS
- Unique renovated school building
- Shared laundry, basketball court & community room
- Updated units
PROPERTY FACTS Under Contract
| Total Building Size | 25,000 SF | Typical Floor Size | 25,000 SF |
| Property Type | Multifamily (Condo) | Year Built | 1925 |
| Property Subtype | Apartment | Lot Size | 2.21 AC |
| Building Class | C | Parking Ratio | 2.56/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | D - Downtown | ||
| Total Building Size | 25,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 25,000 SF |
| Year Built | 1925 |
| Lot Size | 2.21 AC |
| Parking Ratio | 2.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | D - Downtown |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Basketball Court
- Elevator
- Multi Use Room
1 UNIT AVAILABLE
Unit 329-336
| Unit Size | 25,000 SF | Condo Use | Retail |
| Price | $459,000 | Sale Type | Investment |
| Price Per SF | $18.36 | Sale Status | Under Contract |
| Unit Size | 25,000 SF |
| Price | $459,000 |
| Price Per SF | $18.36 |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
DESCRIPTION
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.
SALE NOTES
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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 500 - 650 |
| 2+1 | 27 | - | 744 - 820 |
| 3+1 | 3 | - | 1,000 - 1,019 |
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109 E Luverne St - City Centre Apartments Units 329-336
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