518 Central Avenue, Lester Prairie, Minnesota 55354

MN, Lester Prairie
$325,000
  • 7 Beds
  • 5 Bath
  • Commercial Sale Property Type
  • 1900 Year Built
  • Active Status
See All 37 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

If you are looking to get into commercial real estate this is the perfect entry point. There is plenty of room for growth, multiple income streams, and all for an affordable price. Local bank is ready to help you finance your next investment! There is 4 apartments, and a main floor commercial space with street entrance with no steps. There is a contract with the bank to allow tenants to park next to the building otherwise off street parking is available. All residential units rented out with commercial space available with immediate lease option or owner business opportunity.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7142810
  • Price: $325,000
  • Year Built: 1900
  • Listing Status: Active
  • Office Name: RE/MAX Advantage Plus
  • Roof: Rubber,Flat,Age Over 8 Years
Features
  • Heating System Forced Air
  • Cooling System Window Unit(s)
  • Basement Full,Shared Access,Unfinished
  • Parking More Parking Onsite for Fee,On-Street Parking Only
  • Utilities Heating Common,Electric Common
  • Exterior Features Stone,Vinyl,Stucco
  • Sewer City Sewer/Connected
Appliances
  • Dryer
  • Refrigerator
  • Washer
  • Range
Address Map
  • Country US
  • State MN
  • County Mc Leod
  • City Lester Prairie
  • Zipcode 55354
  • Street: Central
  • Street Number: 518
  • Street Suffix: Avenue
  • Longitude: W95° 57' 30.8''
  • Latitude: N44° 53' 5.2''
  • Directions: Located 50 minutes West of the Metro, just South of Highway 7, located across the street from the central Square Park off Central Ave in Lester Prairie.
Neighborhood
  • High School District: Lester Prairie
MLS Addon
  • Office Name: RE/MAX Advantage Plus
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Wheelchair Ramp(s)
  • Building Size: 6288
  • Current Use: Commercial
  • Foundation Details: Block,Brick/Mortar,Combination
  • Garage: 2
  • Levels: Two
  • Lot Size Dimensions: 50x120
  • Number Of Units Total: 5
  • Possible Use: Office,Professional Service,Retail,Income
Financial
  • Tax Annual Amount: 2872
Listing Information
  • Co List Agent Mls Id: 502009194
  • Co List Office Mls Id: 80262
  • Co List Office Name: RE/MAX Advantage Plus
  • List Agent Mls Id: 502045487
  • List Office Mls Id: 26004
  • Modification Timestamp: 2026-10-01T19:28:06Z
  • Originating System Name: NorthStar
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