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Mixed-Use Building with Apartments
For Sale
$289,900

116 Mill Street S, Brownsdale, MN 55918

Restaurant appliances and equipment are included, alongside two apartments on the upper floor.

Property SizeContact for details
Days on Market507

Property Features for 116 Mill Street S

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $1,338

Building Details

Year Built 1949
Buildings 1
Stories 2
Units 2
Listing Agency: Real Broker, LLC.
Listed By: Helen Cook
Source: Driveresultsrealty
Added: Jun 5, 2025 Changed: Oct 23 Last Checked: Oct 23 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC.

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Investment Insights

Based on property information with market context.

This renovated mixed-use building at 116 Mill Street S in Brownsdale combines a restaurant space with two apartments upstairs. Restaurant appliances and equipment are included. The property was built in 1949 and is zoned Business/Commercial.

Key Highlights

  • Restaurant appliances and equipment are included
  • Two apartments occupy the upper floor
  • Built in 1949

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
2,045 visits/mo 0.0 miles

Demographics for 55918, MN

955
Population
456
Households
2.1
Avg Household Size
43
Median Age
15%
College-Educated
94%
High-School Grad
28.1 sq mi
ZIP Area
34
Density / Sq Mi
$79,125
Median Household Income
$37,065
Median Earnings
$807
Median Rent
$147,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant appliances and equipment are included, alongside two apartments on the upper floor.
Where is this mixed-use property located?
The property is located at 116 Mill Street S Brownsdale, MN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Restaurant appliances and equipment are included; Two apartments occupy the upper floor; Built in 1949
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