534 Labeaux AveHanover, MN 55341

This exceptional mixed-use property in Hanover, Minnesota presents a compelling redevelopment opportunity. Located at 534 Labeaux Ave NE, this 7.74-acre site boasts high visibility on County Road 19 and includes four parcels. The existing structures comprise a 2,505 square foot home and a total of 9,835 square feet of shop buildings. The property is zoned 3A and offers significant potential for a variety of commercial uses. Built in 1977, the single-story buildings sit on a large lot, providing ample space for expansion or new construction. The asking price is $2,200,000, with a price per square foot of $275,000 based on the existing 8 square feet of building space. This represents a unique chance to acquire a substantial property with considerable upside in a desirable location. Note that an additional 14.23 acres may also be available. This property is ideal for investors seeking a high-impact redevelopment project with excellent visibility and access. The property's location in Wright County, Minnesota, offers easy access to major transportation routes and a growing community. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving area.