New Ulm, MN Commercial Real Estate for Sale

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Two-Story Downtown Retail Building
Updated: Jul 7
Two-Story Downtown Retail Building

119 N Minnesota St, New Ulm, MN 56073

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4,825 sqft
Built in 1880, this well‑maintained two‑story downtown building is currently home to an established retail gift shop.
Main floor features pressed‑tin ceilings, exposed brick, hardwood and vinyl plank flooring, a rear skylight, and an original wood staircase.
Second floor includes an existing kitchen, bathroom, and multiple separate rooms used for storage, with infrastructure in place for conversion or additional rentable unit(s).
Full basement offers extensive built‑in shelving plus additional storage or utility space.
Unfinished attic level provides further expansion potential.
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Turnkey Restaurant Opportunity in New Ulm
Updated: Sep 10, 2025
Turnkey Restaurant Opportunity in New Ulm

1922 S Broadway St, New Ulm, MN 56073

$1,200,000
4 sqft
Strategic location in New Ulm.
Turnkey potential for immediate operation.
Fully equipped for limited service establishment.
Previously operated as a Burger King since 2001.
Offers potential to add hospitality option to market.
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Commercial Pad Site Next to ALDI
Commercial Pad Site Next to ALDI

2101 N Highland Ave, New Ulm, MN 56073

$375,000
2 sqft 2.00 AC lot

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

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Flex Warehouse with Office
Flex Warehouse with Office

13258 County Rd 25 #7, New Ulm, MN 56073

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1,200 sqft

Immaculate flex warehouse with in-floor heat, AC, and an office area with bath and kitchenette.

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Industrial Warehouse with Dock Doors
Industrial Warehouse with Dock Doors

1200 N Water Street, New Ulm, MN 56073

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8,208 sqft

Industrial warehouse featuring a loading dock, drive-in doors, updated electrical, and new concrete in part of the building.

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Downtown New Ulm Mixed-Use Property
Downtown New Ulm Mixed-Use Property

123 N Minnesota St, New Ulm, MN 56073

$424,900
5,300 sqft 0.09 AC lot

Nice looking property in Downtown New Ulm, MN

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Industrial Sandblasting and Paint Facility
Industrial Sandblasting and Paint Facility

114 19th Street North, New Ulm, MN 56073

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7,500 sqft 1.60 AC lot

Facility includes a paint booth, sandblasting area, and a small office with bathrooms.

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Retail/Office Building with Drive-Through
Retail/Office Building with Drive-Through

1501 North Broadway Street, New Ulm, MN 56073

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2,322 sqft

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

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Hardee's Quick-Service Restaurant
Hardee's Quick-Service Restaurant

1710 Westridge Rd, New Ulm, MN 56073

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2,966 sqft 1.17 AC lot

Fee-simple sale of a quick-service Hardee's with an absolute NNN lease through August 2038.

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Retail Property with Ample Parking
Retail Property with Ample Parking

1914 S Broadway St, New Ulm, MN 56073

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90,015 sqft

Retail property featuring ample parking and proximity to transportation routes.

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Flex Space Warehouse with Office
Flex Space Warehouse with Office

7-13258 County Road 25, New Ulm, MN 56073

$159,900

Flex space warehouse with office and sitting areas plus in-floor heat, AC, and a storage mezzanine.

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Office Building with Drive-Thru Access
Office Building with Drive-Thru Access

226 N Minnesota St, New Ulm, MN 56073

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5,369 sqft

Office building in the CBD with ample parking and drive-thru access to the surface lot.

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Event Venue with Commercial Kitchen
Event Venue with Commercial Kitchen

301 S. 20th Street, New Ulm, MN 56073

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Newly renovated facility features a large commercial kitchen, conference space, and a rear warehouse with drive-up dock.

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Flex Warehouse with Office
Flex Warehouse with Office

1910 Valley Street South, New Ulm, MN 56073

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1,800 sqft

Flex building includes a 12' x 14' overhead door, office, bathroom, and a 9' x 20' mezzanine.

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Retail-Adjacent Commercial Land
Retail-Adjacent Commercial Land

1720 Westridge Rd, New Ulm, MN 56073

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1.24 AC lot

1.24-acre parcel in a primary retail corridor, zoned B-3 with signalized entry to the center.

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Retail Thoroughfare Corner Lot
Retail Thoroughfare Corner Lot

1601 Broadway Street, New Ulm, MN 56073

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High-profile corner lot with visibility and access from Broadway and State Streets.

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Prime Commercial Out-Lot Opportunity
Prime Commercial Out-Lot Opportunity

TBD S Broadway, New Ulm, MN 56073

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

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New Ulm Land Opportunity
New Ulm Land Opportunity

TBD Somsen St, New Ulm, MN 56073

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7 sqft

7.67 acres of commercial land in New Ulm, MN.

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Commercial Lot with Utilities In
Commercial Lot with Utilities In

Lot 4 Somsen, New Ulm, MN 56073

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Lot 4 is offered for sale with all utilities already in and no assessments noted.

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Developable Commercial Lot
Developable Commercial Lot

Lot 7 Somsen, New Ulm, MN 56073

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Commercial lot with all utilities already in and no assessments listed.

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Multi-Building Shop Property
Multi-Building Shop Property

13248 Co Rd 25, New Ulm, MN 56073

$249,900

Two-building shop property with storage and work space in New Ulm, Minnesota.

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New Ulm Commercial Land Parcel
New Ulm Commercial Land Parcel

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

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Prime commercial land parcel in a vibrant New Ulm location.

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Land Lease in Retail Corridor
Land Lease in Retail Corridor

1720 Westridge Rd, New Ulm, MN 56073

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1.29 AC lot

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

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in New Ulm, MN, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

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)

57667 Ft Rd, New Ulm, MN 56073

$60,000
Estimated value
3,010 sqft 0.08 AC lot
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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 23 active listings on our real estate platform. These investment opportunities span a total of 129,518 square feet of properties for sale, with an estimated market value of $2,409,700.

Sale prices for business properties in New Ulm, MN start at $159,900, averaging $481,940, 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
56073 $455.8K

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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