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    205 S Main St Le Sueur, MN 56058

    New
    For Sale
    $400,000

    Commercial - Le Sueur, MN

    Lot size:
    0.04 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 205 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Residential-Multi-Family
    APN
    218002760
    Exterior features
    Brick/Stone
    Appliances
    Range, Refrigerator
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Flooring type
    Concrete, Linoleum, Vinyl
    Building materials
    Brick, Stone
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Keller Williams Preferred Realty (952) 746-9696 [email protected]

    Listing agent The Stier-Ruud Home Team (952) 746-9696

    Listing date Dec 3, 2025

    MLS# 6770424 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Le Sueur Mixed-Use Opportunity

    Located on Historic South Main Street in Le Sueur, Minnesota, this mixed-use property presents commercial and residential opportunities. The street level features a restaurant space, remodeled in 2020, previously Luke's café. The restaurant kitchen is equipped with fryers, a range, a commercial-grade freezer and fridge, prep areas, an ice machine, a malt machine, and a deep freezer. The space includes new flooring, updated bathrooms, newly upholstered seating and tables, and a sit-down bar with an exposed brick wall. Upstairs, there are two 1-bedroom apartments, both updated in 2020. The street-facing apartment is bright and spacious with high ceilings, new laminate flooring, new counters, new windows, and a remodeled kitchen with a walk-in pantry. The rear apartment includes a den/office area. Both apartments feature skylights and architectural details. The property is zoned for Business/Commercial and Residential-Multi-Family use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Speedway Gas Station Luke's Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Le Sueur
    County
    Le Sueur
    State
    Minnesota
    Longitude
    -93.916303
    Latitude
    44.459956

    Nearby Similar for Sale

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      Le Sueur Turnkey Investment Property

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      106 N Main St, Le Sueur, MN 56058
      View Details
    • New
      $189,900
      1,645 SF

      Le Sueur Duplex For Sale

      Multi-family duplex in Le Sueur, perfect for owner occupancy.
      221 Bridge St, Le Sueur, MN 55148
      View Details
    • $500,000
      20,436 SF

      Industrial Property in Le Sueur

      Three buildings totaling 20,436 SF on Ottawa Rd.
      37701 Ottawa Rd, Le Sueur, MN 56058
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Commercial and residential property in Le Sueur's historic district.
    Where is this mixed-use property located?
    The property is located at 205 S Main St Le Sueur, MN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Restaurant space is fully equipped and ready to open immediately.; - Two updated (2020) 1-bedroom apartments upstairs offer rental income potential.; - Prime location on historic South Main Street.
    (952) 746-9696
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    205 S Main St Le Sueur, MN 56058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 S Main St Le Sueur, MN 56058
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