For Sale
$2,200,000

534 Labeaux Ave Hanover, MN 55376

7.74 Acres, Great Redevelopment Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional 7.74-acre property at 534 Labeaux Avenue NE in Hanover, Minnesota, presents a unique investment opportunity. The offering includes four parcels, featuring a substantial 2,505 square foot home and impressive shop buildings totaling 9,835 square feet. This significant combined square footage provides ample space for a variety of uses, making it ideal for redevelopment. The property boasts high visibility due to its prime location on County Road 19, ensuring excellent exposure for any future business. The existing structures offer immediate potential for continued use or serve as a solid foundation for a new development. The property's size and location make it suitable for a wide range of commercial ventures. The existing buildings are well-maintained and offer immediate utility. The expansive acreage provides ample room for expansion or future development. This is a rare opportunity to acquire a large, well-located commercial property with significant potential. Note that an additional 14.23 acres is available for purchase separately, presenting an opportunity to expand the property significantly. The asking price for this exceptional 7.74-acre property is $2,200,000. The total building square footage is 12,340 square feet. This property is located in Hanover, Minnesota, offering a strong location for commercial development. The property's high visibility and ample space make it an attractive investment.

Property Details for 534 Labeaux Ave

Property type
Commercial real estate
Square Feet
12,340 SF
Year Built
1977
Lot Size (sq. ft)
337,154 SF

Location Insight

City
Hanover
County
Wright
State
Minnesota
Latitude
45.15966
Longitude
-93.66505

FAQs

What type of property is this?
Commercial real estate - 7.74 Acres, Great Redevelopment Potential
Where is the commercial real estate located?
The property is located at 534 Labeaux Ave Hanover, MN.
What is the asking price?
The asking price for this property is $2,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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534 Labeaux Ave
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