$304,900$
518 Central Avenue
Lester Prairie, MN, 55354
About 518 Central Avenue
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 or reach out for other options! There are 4 apartments, and a main floor commercial space with street entrance no steps and walking ramp 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.
Listing Provided Courtesy of RE/MAX Advantage Plus
518 Central Avenue Property Details
Price:
$304,900
MLS #:
NST7142810
Status:
Active
Beds:
7
Baths:
5
Type:
Commercial
Subdivision:
Lester Prairie
Listed Date:
Sep 11, 2026
Total Sq Ft:
6,288
Lot Size:
5,968 sqft / 0.14 acres (approx)
Year Built:
1900
Schools
School District:
Lester Prairie
Interior Features
Appliances
Dryer, Range, Refrigerator, Washer
Cooling
Window Unit(s)
Heating
Forced Air
Levels
Two
Exterior & Lot Features
Accessibility Features
Wheelchair Ramp(s)
Exterior Features
Stone, Stucco, Vinyl
Garage Spaces
2
Parking Features
On-Street Parking Only, More Parking Onsite for Fee
Roof
Age Over 8 Years, Flat, Rubber
Property Taxes & Financial Details
Tax Year
2026
Taxes
$2,872
Location
Similar Homes Near 518 Central Avenue
Copyright 2026. All rights reserved.
518 Central Avenue
Lester Prairie, MN
