Search
Renovated Mixed-Use Property
For Sale
Contact for pricing

1217 South Broadway Street, New Ulm, MN 56073

Leased building with an apartment, separate parking parcel, and heated garage.

Property SizeContact for details
Days on Market9

Property Features for 1217 South Broadway Street

General Information

Standard status Active
Property subtype Office, Special Purpose, Multifamily

Building Details

Year Renovated 2024
Tenancy Multi
Listing Agency: BOCO REAL ESTATE INC.
Listed By: ERIC BODE
Source: Crexi
Added: Sep 2 Changed: Sep 9 Last Checked: Sep 10 at 8:30AM

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 BOCO REAL ESTATE INC.

Investment Insights

Based on property information with market context.

Renovated in 2024, this mixed-use property combines leased commercial space with a two-bedroom apartment. Current occupants include Riverbend Education School District and First Choice Pregnancy, providing a multi-occupant configuration within the building.

The property includes long-term leases with options. An additional parcel supports parking, while the site also provides a heated garage with 2+ stalls. The combination of commercial occupancy, residential space, separate parking land, and garage improvements creates a varied property configuration at 1217 South Broadway Street in New Ulm, Minnesota.

Key Highlights

  • Renovated in 2024
  • Leased to Riverbend Education School District and First Choice Pregnancy
  • Includes a two‑bedroom apartment

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Restaurant Grocery & Convenience Store Barber Shop

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 56073, MN

17,275
Population
7,629
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
200.6 sq mi
ZIP Area
86
Density / Sq Mi
$69,698
Median Household Income
$43,643
Median Earnings
$978
Median Rent
$207,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased building with an apartment, separate parking parcel, and heated garage.
Where is this mixed-use property located?
The property is located at 1217 South Broadway Street New Ulm, MN.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Renovated in 2024; Leased to Riverbend Education School District and First Choice Pregnancy; Includes a two‑bedroom apartment
(507) 276-2327 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message