Admin

Re/Max Results -Mixed-Use Property in Long Prairie

By
Real Estate Agent with RE/MAX Results MN#20344949 WI#93113-94

 503 Lake St S, Long Prairie, MN 56347 -- $159,900

Discover the potential of this 1.28-acre mixed-use property (Residential/C2) featuring multiple outbuildings—ideal for storage, hobby use, small business needs, or investment opportunities.

Cement Block Garage (40x50):

  • A substantial structure currently divided into two sections with an insulated wall.
  • This building offers electricity, two 10x10 insulated garage doors with openers, a separate service door, an overhead hoist, and durable I-beam support throughout the roof.
  • The rubber roof was replaced in 2019 and upgraded with 8 inches of Styrofoam insulation.
  • The building includes two hanging furnaces (not currently hooked up).
  • Exterior walls are full cement with a wood ceiling. Estimated construction era: late 1960s–early 1970s.

Adjacent Garage (16x26) :

  • Estimated late 1960s build with new shingles in 2025.
  • Features vinyl siding and a tar floor. No electricity, water, or heat.

Little Storage Shed (16x20 + 4x6 entry):

  • Approx. 320 sq ft plus a 24 sq ft entry. Built around 1960 with new shingles in 2025, wood siding, block foundation, and a wood floor. No utilities.

Additional Garage (18x20):

  • 360 sq ft with one garage door, shingled in 2025, and currently rented for $55/month.
  • Wood siding, no utilities, and interior has broken cement.
  • Estimated late-1960s construction.

Note: The small utility shed does not stay with the property.

This versatile property offers ample space, multiple buildings, and flexible mixed-use zoning—an excellent opportunity for buyers seeking functionality and room to expand. Contact Michelle Carstensen with Re/Max Results at 651-226-2590 to set up your showing today!

Posted by

 

 

 

 

 

 

Chuck Carstensen is a Realtor with RE/MAX Results in Elk River and Cambridge, MN.  Helping buyers, sellers and investors in great Minnesota counties like Sherburne, Isanti, Wright, Anoka, Chisago, Hennipen and Mille Lacs. He is a Certified Distressed Property Expert (CDPE).

Contact Chuck by emailing him at chuck.carstensen@results.net or by phone at 612-290-3809. 

 

Comments(3)

Show All Comments Sort:
Gwen Fowler SC Lakes & Mountains 864-710-4518
Gwen Fowler Real Estate, Inc - Walhalla, SC
Gwen Fowler Real Estate, Inc.

 

This is an outstanding opportunity for an investor or small business owner! The 1.28-acre mixed-use (C2/Residential) zoning combined with that well-insulated 40x50 block garage makes this a truly versatile property. The potential for storage and hobby use, plus the current rental income, is a great value at that price point! 🛠️

Nov 29, 2025 06:22 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Saturday morning, Chuck. Best wishes for a successful transaction.

Have an outstanding weekend.

Nov 29, 2025 06:44 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Congratulations on the listing Chuck. Sounds like a great opportunity for the right buyer. Sending positive vibes your way!

 

Dec 10, 2025 09:54 AM