New Ulm, MN
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    New Ulm, MN Commercial Real Estate for Sale

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    Courtland, MN Sleepy Eye, MN Nicollet, MN
    14 listings
    Corner Mixed-Use Commercial Building
    $310,000
    0.19 Acres
    Corner Mixed-Use Commercial Building

    214 N Minnesota Street, New Ulm, MN 56073

    Corner commercial property with ample parking behind and two upper-level apartments, suited for retail or restaurant concepts.
    • Prime downtown location in historic New Ulm with high visibility and consistent foot traffic.
    • Ample parking behind the building, a rare amenity for downtown properties.
    • Flexible interior layout suitable for various uses.
    • Redevelopment potential for a vibrant new business or mixed‑use concept.
    • Opportunity to capitalize on New Ulm's downtown revitalization and investment.
    Updated: Aug 26, 2025
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    Downtown New Ulm Mixed-Use Property
    $424,900
    5,300 SF
    Downtown New Ulm Mixed-Use Property

    123 N Minnesota St, New Ulm, MN 56073

    Nice looking property in Downtown New Ulm, MN
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    Industrial Truck Storage & Cold Storage
    $85,000
    9,280 SF
    Industrial Truck Storage & Cold Storage

    Industrial site with multiple buildings and permitted truck and cold storage on an I-2 zoned parcel near the river.

    317 - 322 Water Street N, New Ulm, MN 56085

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    Two-Story Building with Drive-Through
    $325,000
    2,322 SF
    Two-Story Building with Drive-Through

    Two-story, 2322 SF building suitable for retail or office.

    1501 North Broadway Street, New Ulm, MN 56073

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    Turnkey Restaurant Opportunity in New Ulm
    $1,200,000
    Turnkey Restaurant Opportunity in New Ulm

    Restaurant property with drive-through, ready for immediate operation.

    1922 S Broadway St, New Ulm, MN 56073

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    Retail/Office Building with Drive-Through
    $325,000
    2,322 SF
    Retail/Office Building with Drive-Through

    Two-story building suitable for retail or office use with parking.

    1501 North Broadway Street, New Ulm, MN 56073

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    Commercial Pad Site Next to ALDI
    $375,000
    Commercial Pad Site Next to ALDI

    Two-acre commercial pad site in New Ulm retail corridor.

    2101 N Highland Ave, New Ulm, MN 56073

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    New Ulm Retail Land Parcel
    $275,000
    1.24 Acres
    New Ulm Retail Land Parcel

    1.24 acre commercial land parcel in retail corridor.

    1720 Westridge Rd, New Ulm, MN

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    Retail Property with Ample Parking
    Contact for pricing
    90,015 SF
    Retail Property with Ample Parking

    Retail property featuring ample parking and proximity to transportation routes.

    1914 S Broadway St, New Ulm, MN 56073

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    Prime Commercial Out-Lot Opportunity
    Contact for pricing
    Prime Commercial Out-Lot Opportunity

    0.91-acre out-lot with high visibility and traffic count.

    TBD S Broadway, New Ulm, MN 56073

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    New Ulm Land Opportunity
    Contact for pricing
    New Ulm Land Opportunity

    7.67 acres of commercial land in New Ulm, MN.

    TBD Somsen St, New Ulm, MN 56073

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    Commercial Land Near Hwy 14
    Contact for pricing
    7.67 Acres
    Commercial Land Near Hwy 14

    Two parcels of land near retail, industrial, and airport.

    Somsen St & Berens Blvd, New Ulm, MN

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    New Ulm Commercial Land Parcel
    $165,000
    New Ulm Commercial Land Parcel

    Prime commercial land parcel in a vibrant New Ulm location.

    TBD Somsen St - Parcel 1, New Ulm, MN 56073

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    Land Lease in Retail Corridor
    Contact for pricing
    1.29 Acres
    Land Lease in Retail Corridor

    Land parcels available for lease in a high-traffic retail area.

    1720 Westridge Rd, New Ulm, MN 56073

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Eight-Lane Bowling Center
    $65,000
    0.19 Acres
    Turnkey Eight-Lane Bowling Center

    Turnkey eight-lane bowling center with on-site equipment and a current on-sale liquor license.

    140 S First Avenue, Sleepy Eye, MN 56085

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    Agricultural Land with CREP Enrollment
    $250,000
    49.68 Acres
    Agricultural Land with CREP Enrollment

    Farmland enrolled in CREP & CRP programs for income.

    000 541st Avenue, Courtland, MN 56021

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    Mixed-Use Building on High Traffic
    $74,900
    Mixed-Use Building on High Traffic

    Commercial building with apartment on high traffic State Highway.

    115 Main Street East, Sleepy Eye, MN 56085

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    Commercial Lots in Courtland, MN
    $58,000
    Commercial Lots in Courtland, MN

    Commercial lots with utilities available in Courtland, Minnesota.

    355 TUMBLER Street, Courtland, MN 56021

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    Off-Market Properties in New Ulm, MN

    Consider similar Off-Market properties in New Ulm, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    57667 Ft Rd
    COMMERCIAL (GENERAL)
    3,010 SF Lot: 0.08 Acres
    Value Estimation by Request

    57667 Ft Rd, New Ulm, MN 56073

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    61436 County Rd 21
    AUTO REPAIR, GARAGE
    5,000 SF Lot: 1.50 Acres
    Value Estimation by Request

    61436 County Rd 21, New Ulm, MN 56073-4369

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    110 Minnesota St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    110 Minnesota St, New Ulm, MN 56073-3004

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    New Ulm, MN 56073
    INDUSTRIAL (GENERAL)
    Lot: 5.37 Acres
    Value Estimation by Request

    New Ulm, MN 56073

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    1217 Broadway St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    1217 Broadway St, New Ulm, MN 56073-3475

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    1824 Spg St
    LIGHT INDUSTRIAL
    2,000 SF
    Value Estimation by Request

    1824 Spg St, New Ulm, MN 56073-1283

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    520 18th N St
    MINI-WAREHOUSE, STORAGE
    5,088 SF
    Value Estimation by Request

    520 18th N St, New Ulm, MN 56073-3643

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    1327 Vly St
    AUTO REPAIR, GARAGE
    4,256 SF
    Value Estimation by Request

    1327 Vly St, New Ulm, MN 56073-3403

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    108 Minnesota St
    OFFICE BUILDING
    3,134 SF
    Value Estimation by Request

    108 Minnesota St, New Ulm, MN 56073-4643

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    13258 County Rd 25th, Unit 14
    LIGHT INDUSTRIAL
    2,800 SF
    Value Estimation by Request
    Unit 14

    13258 County Rd 25th, New Ulm, MN 56073

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    New Ulm, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in New Ulm, MN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 19,230 square feet of properties for sale, with an estimated market value of $2,734,900.

    Sale prices for business properties in New Ulm, MN start at $85,000, averaging $455,816, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 17K
    Population Growth (5Y) +4.5%
    Median Household Income $69,698
    College Educated 36.2%

    High-Yield Neighborhoods for Investment

    Identify New Ulm submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Sleepy Eye $85K
    New Ulm $446.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $10.30 per SF
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

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