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Mixed-Use Building with Restaurant
For Sale
$370,000

205 S Main St, Le Sueur, MN 56058

Street-level dining space is paired with two updated apartments above.

Property SizeContact for details
Days on Market98

Property Features for 205 S Main St

General Information

Standard status Active
Zoning B-2

Additional Details

Floor Ground
Mixed-Use Components restaurant, residential

Amenities

new flooring
updated bathrooms
newly upholstered seating and tables
sit down bar with charming exposed brick wall
skylights
new laminate flooring
new counters
new windows
newly remodeled kitchen with walk in pantry

Building Details

Year Renovated 2020
Listing Agency: North Star Commercial
Listed By: Scott Naasz · License #40922534
Source: Expcommercial
Added: Jul 20 Changed: Oct 24 Last Checked: Oct 24 at 1:23PM

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 North Star Commercial

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Investment Insights

Based on property information with market context.

This mixed-use property at 205 S Main Street combines a ground-floor restaurant with two one-bedroom apartments on the upper level. The restaurant was remodeled in 2020 and includes a commercial kitchen with fryers, a range, refrigeration, prep areas, an ice machine, and a malt machine. Dining-area features include a sit-down bar, exposed brick, tables, and upholstered seating. The apartments were also updated in 2020; one has a walk-in pantry, while the other includes a den or office area. Skylights are present in both units.

Built in 1900, the property is in Le Sueur, Minnesota, and is zoned Business/Commercial and Residential-Multi-Family. The combination of restaurant space and two apartments is established within the existing building configuration.

Key Highlights

  • Ground‑floor restaurant with two upstairs one‑bedroom apartments
  • Restaurant remodeled in 2020; apartments updated in 2020
  • Commercial kitchen includes fryers, range, freezer, refrigerator, prep areas, ice machine, and malt machine

Property Analytics

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Open Analytics

Current Use

Speedway Gas Station Luke's Restaurant

Suggested Use

Top Pick Building Supply Dental Office Parking Lot & Garage HVAC Service Hair Salon Spa & Massage Center

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

307
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Holiday Station Store Shops & Services
9,785 visits/mo 0.4 miles
Dollar General Shops & Services
4,399 visits/mo 0.1 miles
Speedway Shops & Services
3,112 visits/mo 0.2 miles
Pizza Ranch Dining
1,992 visits/mo 0.2 miles

Demographics for 56058, MN

6,066
Population
2,759
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
126.7 sq mi
ZIP Area
48
Density / Sq Mi
$82,500
Median Household Income
$47,619
Median Earnings
$881
Median Rent
$259,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Street-level dining space is paired with two updated apartments above.
Where is this mixed-use property located?
The property is located at 205 S Main St Le Sueur, MN.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Ground‑floor restaurant with two upstairs one‑bedroom apartments; Restaurant remodeled in 2020; apartments updated in 2020; Commercial kitchen includes fryers, range, freezer, refrigerator, prep areas, ice machine, and malt machine
More about this property
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