Downtown New Ulm Mixed-Use
For Sale
$424,900
123 N Minnesota St, New Ulm, MN 56073
Nice looking property in Downtown New Ulm, MN
Property Size5,300 SF
Lot Size0.09 Acres
Price / SF$80.17
Days on Market222
Property Features for 123 N Minnesota St
General Information
Standard status
Active
Property type
Mixed-use properties
Size
5,300 SF
Net Rentable
5,300 SF
Elevators
No
Lot size
0.09 Acres
Building Details
Year Built
1880
Year Renovated
2015
Buildings
1
Stories
3
Listed By:
Jeffrey
(507) 276-2003
Added: Feb 18
Changed: Apr 8
Investment Insights
Based on property information with market context.
This three-story mixed-use property is located in downtown New Ulm, Minnesota. The building offers approximately 5300 square feet of space. The main floor, previously occupied by a bookstore and coffee shop until the owners' retirement at the end of 2025, provides over 1700 square feet of open space. A neat and clean basement is suitable for storage. The upper two floors, which served as the owners' residence for 28 years, can be maintained as a single unit or converted into two separate units.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Nice looking property in Downtown New Ulm, MN
Where is this mixed-use property located?
The property is located at 123 N Minnesota St New Ulm, MN.
What is the asking price?
The asking price for this property is $424,900.
