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! 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.
Features of 518 Central Avenue
| MLS® # | 7142810 |
|---|---|
| Price | $325,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Acres | 0.14 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 518 Central Avenue |
|---|---|
| Subdivision | Lester Prairie |
| City | Lester Prairie |
| County | McLeod |
| State | MN |
| Zip Code | 55354 |
Amenities
| Utilities | Electric Common, Heating Common |
|---|---|
| Parking | On-Street Parking Only, More Parking Onsite for Fee |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Range, Refrigerator, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Stone, Stucco, Vinyl |
|---|---|
| Roof | Age Over 8 Years, Flat, Rubber |
School Information
| District | Lester Prairie |
|---|
Additional Information
| Days on Market | 3 |
|---|---|
| Zoning | Business/Commercial |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $2,872 |
| Tax Year | 2026 |
Listing Details
| Office | RE/MAX Advantage Plus |
|---|