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    214 N Minnesota St New Ulm, MN 56073

    For Sale
    $310,000

    Commercial - New Ulm, MN

    Lot size:
    0.19 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 214 N Minnesota St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    00100106310101
    Exterior features
    Brick/Stone
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1918
    Architectural style
    Other

    The True Team Inc (507) 317-6259 [email protected]

    Listing agent Karen Toft (507) 317-6259

    Listing date Nov 4, 2025

    MLS# 6779299 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

    Downtown New Ulm Commercial Opportunity

    Located in the heart of historic downtown New Ulm, the property at 214 N Minnesota Street offers an opportunity to own a high-visibility commercial property. The building, formerly home to the Lamplighter Family Sports Bar & Grill, presents redevelopment potential for a new business or mixed-use concept. Its location ensures foot traffic and exposure, surrounded by local establishments. The property features ample parking behind the building. The flexible interior layout is suitable for a range of uses, from restaurants and cafés to boutique retail, entertainment venues, or adaptive reuse as a mixed commercial and residential space with two apartments on the upper level. The property is located in Brown-MN County. The lot size is 0.189 acres. The zoning is Business/Commercial. As New Ulm’s downtown continues to see revitalization and investment, this property stands out as a strategic opportunity to capitalize on the area's momentum. The property is also available for lease upon request. Concept designs are available by request for commercial and residential spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    The Retz 227, B & L Bar, Rodney's Tavern, Black Frost Distilling, Bergs Tavern

    Location Insight

    • Map
    • Local Demand
    City
    New Ulm
    County
    Brown
    State
    Minnesota
    Longitude
    -94.460964
    Latitude
    44.316008

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    FAQs

    What type of property is this?
    Bar - High-visibility commercial property in historic downtown New Ulm.
    Where is this bar located?
    The property is located at 214 N Minnesota St New Ulm, MN.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: - 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.
    (507) 317-6259
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    214 N Minnesota St New Ulm, MN 56073
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    New Ulm, MN 56073
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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
    214 N Minnesota St New Ulm, MN 56073
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