Mixed-Use Property with
For Sale
$409,900
196 Main St W, Elysian, MN 56028
Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.
Property SizeContact for details
Days on Market42
Property Features for 196 Main St W
General Information
Standard status
Active
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/1.5BA
Multifamily Units
2
Office Units
1
Additional Details
Road Access
Yes
Building Details
Year Built
1937
Buildings
3
Tenancy
Multi
Listing Agency:
True Real Estate
(507) 317-6259
Listed By:
Michelle Starkey
Source:
Homesminn
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 25 at 4:52AM
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 True Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 3,100 square feet in the main structure, with two residential apartments and a separately configured office suite. Unit A is an upper-level two-bedroom, one-bath apartment with in-unit laundry and private parking. Unit B is a main-level two-bedroom, one-and-a-half-bath apartment with a spacious living area, generous ceiling height, and a kitchen. Unit C has been renovated as an office with a half bath, laundry hookups, and a dedicated Main Street entrance.
The property also includes two detached buildings: a 20-by-48-foot metal building with power and heat, plus an 18-by-35-foot barn offering cold storage. Located at 196 Main St W in downtown Elysian, the property brings residential and commercial components together in one asset.
The property also includes two detached buildings: a 20-by-48-foot metal building with power and heat, plus an 18-by-35-foot barn offering cold storage. Located at 196 Main St W in downtown Elysian, the property brings residential and commercial components together in one asset.
Key Highlights
- Two apartments plus a renovated office suite in the main structure
- 3,100 square feet in the main building
- 20x48 metal building with power and heat
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 56028, MN
1,271
Population
664
Households
1.9
Avg Household Size
50
Median Age
33%
College-Educated
97%
High-School Grad
17.9 sq mi
ZIP Area
71
Density / Sq Mi
$103,542
Median Household Income
$56,615
Median Earnings
$1,093
Median Rent
$357,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.
Where is this mixed-use property located?
The property is located at 196 Main St W Elysian, MN.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Two apartments plus a renovated office suite in the main structure; 3,100 square feet in the main building; 20x48 metal building with power and heat
