109 E Luverne St - Apartments FOR SALE


Luverne, MN 56156
$1,750,000 USD
612-419-9425
109 E Luverne St, Luverne, MN for Sale
$1,750,000 USD
Apartments - FOR SALE
1/39
null | Request Cap Rate

109 E Luverne St
Luverne, MN 56156


HIGHLIGHTS

  • Unique renovated school building
  • Updated units
  • Shared laundry, basketball court & community room

OVERVIEW

Discover the City Centre condominium complex, a prime 32-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!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$23 USD /SF

# OF UNITS

32

PRICE/UNIT

$54,688

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

City Centre Condos Units 101-336

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

D

APN/PARCEL ID

20-1696-329,20-1696-330,20-1696-331,20-1696-332,20-1696-333,20-1696-334,20-1696-335,20-1696-336,20-1696-337

ASK ABOUT THIS PROPERTY

Jason WalgraveRE/MAX Advantage PlusMore Info
612-419-9425

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Jason WalgraveRE/MAX Advantage PlusMore Info
612-419-9425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.