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Retail/Office Building with Drive-Through
For Sale
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1501 North Broadway Street, New Ulm, MN 56073

Two-story building suitable for retail or office use with parking.

Property Size2,322 SF
Price / SF$139.97
Days on Market174

Property Features for 1501 North Broadway Street

General Information

Standard status Active
Size 2,322 SF
Class C
Property subtype Office, Retail
Lease Type NNN

Building Details

Buildings 1
Stories 2
Units 1
Listing Agency: KW Commercial Midwest
Listed By: James Halbur · License #40144147
Source: Crexi
Added: Feb 18 Changed: Aug 8 Last Checked: Aug 8 at 6:36AM

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 KW Commercial Midwest

Investment Insights

Based on property information with market context.

This two-story building offers 2322 square feet of space suitable for retail or office use. The property features parking and includes a drive-through window. The seller is motivated.

Key Highlights

  • Great parking available for customers and staff.
  • Features a convenient drive‑through window.
  • 2322 SF suitable for retail or office use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant HVAC Service Spa & Massage Center Hair Salon

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

244
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

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story building suitable for retail or office use with parking.
Where is this retail space located?
The property is located at 1501 North Broadway Street New Ulm, MN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Great parking available for customers and staff.; Features a convenient drive‑through window.; 2322 SF suitable for retail or office use.
(507) 317-2353 Call to check price and availability
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