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$325,000 Just Listed
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Full Property Details for 518 Central Ave
General
- Price: $325,000
- Taxes: $2,872 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7142810
- Updated: Today (9/11/2026)
- Added to Site: Today
Interior
- Appliances: Dryer, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: On-Street Parking Only, More Parking Onsite for Fee
Location
- County: McLeod
- Township: Lester Prairie
- Subdivision: Lester Prairie
- Driving 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.
School Information
- School District: 424 - Lester Prairie
- High School District: Lester Prairie
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common
Structural Information
- Basement: Yes
- Basement Desc.: Full, Shared Access, Unfinished
- Foundation Size: 4970
- Roof: Age Over 8 Years, Flat, Rubber
- Disability Access: Wheelchair Ramp(s)
- Square Feet: 6,288
- Finished Down/Base.: 6,288 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 1900
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.137
- Lot Dimensions: 50 x 120
- Frontage: City Street, Paved Streets, Sidewalks
- Potential Use: Office, Professional Service, Retail, Income
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $2,872
- Tax Year: 2026
- Terms: Conventional Rehab, Conventional, Cash
Disclosures and Reports
- Legal Description: LESTER PRAIRIE BLOCK-012 LOTS 12 & 13 & E 10' OF LOT 14
- Inclusions: Building, Leases
- Property ID: 170501370
Listed by RE/MAX Advantage Plus
Schools serving 518 Central Ave
| Name | Grades | Distance |
|---|---|---|
Lester Prairie Elementary School 131 Hickory Street North, Lester Prairie, MN 55354 | K-5 | 0.2 mi |
Lester Prairie Secondary 131 Hickory Street North, Lester Prairie, MN 55354 | 6-12 | 0.2 mi |
Price & Sales History for 518 Central Ave
Tax History for 518 Central Ave
Estimate the Cost for 518 Central Ave
518 Central Avenue, Lester Prairie, MN 55354 (MLS# 7142810) is a Commercial property. 518 Central Avenue is currently listed for $325,000 and was received on September 11, 2026. Want to learn more about 518 Central Avenue? Do you have questions about finding other Commercial real estate for sale in Lester Prairie? You can browse all Lester Prairie real estate or contact a Coldwell Banker agent to request more information.

