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Turnkey Restaurant Opportunity in New Ulm
For Sale
$1,200,000

1922 S Broadway St, New Ulm, MN 56073

Restaurant property with drive-through, ready for immediate operation.

Property Size4 SF
Price / SF$300,000
Days on Market345

Property Features for 1922 S Broadway St

General Information

Standard status Active
Size 4 SF
Property subtype Hospitality

Building Details

Year Built 2001
Listing Agency:
Listed By: Emily Griebel · License #40771513
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

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 Emily Griebel

Investment Insights

Based on property information with market context.

This property presents an opportunity to introduce a hospitality option to the New Ulm market. Having operated as a Burger King since 2001, the property is equipped for continued use as a limited service establishment. The property is situated in a strategic location and offers turnkey potential.

Key Highlights

  • Strategic location in New Ulm.
  • Turnkey potential for immediate operation.
  • Fully equipped for limited service establishment.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center HVAC Service

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

182
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Groceries 16% Dining 7%
Kwik Trip Shops & Services
35,987 visits/mo 0.2 miles
Liquor Mart Groceries
7,923 visits/mo 0.3 miles
Happy Joe's Dining
3,481 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
705 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Restaurant property with drive-through, ready for immediate operation.
Where is this drive through restaurant located?
The property is located at 1922 S Broadway St New Ulm, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Strategic location in New Ulm.; Turnkey potential for immediate operation.; Fully equipped for limited service establishment.
More about this property
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