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    317 Water St N New Ulm, MN 56085

    For Sale
    $179,000

    Commercial - New Ulm, MN

    Lot size:
    1.32 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 317 Water St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    APN
    00212000502020
    Exterior features
    Brick/Stone, Metal
    Lot size
    1.32 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1954
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Mark K Hulsey (952) 829-2900

    Listing date Sep 2, 2025

    MLS# 6781824 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

    New Ulm Industrial Site

    This industrial site in New Ulm, MN, features three buildings totaling 9,280 square feet. The property, zoned I-2, occupies a 1.316-acre (57,341 SF) lot. A gravel road, Water Street, runs through the property. The location provides easy access to highways and Southern Minnesota, and is situated near the MN River. The site is permitted for truck storage and cold storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Ulm
    County
    Brown
    State
    Minnesota
    Longitude
    -94.718926
    Latitude
    44.293817

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Industrial site with truck and cold storage near MN River.
    Where is this refrigerated / cold storage located?
    The property is located at 317 Water St N New Ulm, MN.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - Easy Access to Highways and Southern MN; - Zoned I-2 (Industrial); - Industrial site with truck storage and cold storage permitted
    (952) 829-2900
    Request Owner's contact information
    317 Water St N New Ulm, MN 56085
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    New Ulm, MN 56085
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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
    317 Water St N New Ulm, MN 56085
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