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Mixed-Use Property with Restaurant Kitchen
For Sale
$549,900
Pending

150 Broadway St E, New Germany, MN 55367

Commercial Sale, New Germany, MN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market134

Property Features for 150 Broadway St E

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Rooms Basement
Parking features Covered, Parking Lot, Driveway
Window features Insulated Windows, Aluminum Frames, Double Pane Windows, Display Window(s)
Patio and Porch features Porch
Fencing Privacy
Accessibility Accessible Approach with Ramp
Appliances Air-To-Air Exchanger, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator
Subdivision City Lts Of New Germany
Lot features Irregular Lot
High school district Waconia
Directions Hwy 7 to Cty Rd 33. South to stop sign, turn left and property is on the left
Standard status Pending
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6360

Utilities

Heating system Ductless (Heating), Forced Air
Cooling system Central Air, Ductless

Building Details

Year built 1946
Building materials Block, Timber/Post & Beam, Concrete, Frame, Steel
Roof type Flat, Rubber, Shingle
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: John Behnke
Added: Jun 11 Changed: Oct 16 Last Checked: Oct 21 at 11:06PM
MLS# 7089425

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Set up for restaurant use, the mixed-use building includes a commercial kitchen, restaurant equipment, and furnishings. The upper level contains a three-bedroom, two-bathroom apartment. A porch and covered patio provide additional outdoor serving space, and an accessible approach ramp is present.

The property occupies 0.221 acres at 150 Broadway St E in New Germany, Minnesota. Built in 1946, the building has been remodeled and is offered with its restaurant furnishings and equipment.

Key Highlights

  • Commercial kitchen with restaurant equipment and furnishings
  • Upstairs apartment with 3 bedrooms and 2 bathrooms
  • Covered patio and outdoor serving area

Property Analytics

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Current Use

Clark EssentialClean New ... General Contractor

Suggested Use

Top Pick HVAC Service Plumbing Service Building Supply Butcher Home Appliance Store Auto Repair 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 55367, MN

992
Population
410
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
94%
High-School Grad
19.3 sq mi
ZIP Area
51
Density / Sq Mi
$89,896
Median Household Income
$50,729
Median Earnings
$1,075
Median Rent
$304,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - An upstairs apartment adds residential space above a furnished restaurant operation with outdoor serving areas.
Where is this mixed-use property located?
The property is located at 150 Broadway St E New Germany, MN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Commercial kitchen with restaurant equipment and furnishings; Upstairs apartment with 3 bedrooms and 2 bathrooms; Covered patio and outdoor serving area
More about this property
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