Mixed-Use Retail and Apartment
For Sale
$129,000
207 Main St S, Chatfield, MN 55923
Two-story brick building with ground-floor restaurant space and two second-floor one-bedroom apartments, sold as-is.
Property SizeContact for details
Days on Market76
Property Features for 207 Main St S
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,365
Listing Agency:
Realty Growth Inc.
(507) 951-7130
Listed By:
Robert Bucky Beeman · License #40149580
(507) 951-7130
Source:
Exprealty
Added: Jun 10
Changed: Aug 23
Last Checked: Aug 24 at 1:52PM
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 Realty Growth Inc.
Investment Insights
Based on property information with market context.
This classic 1898 brick building offers a mixed-use configuration with a spacious main-floor commercial space and two 1-bedroom apartments on the second floor. The main level was previously operated as a restaurant, and the overall property is ready for new finishes and layout decisions based on a buyer’s or tenant’s plans. The property is being sold strictly in “As-Is” condition.
Located at 207 Main Street South in Chatfield, Minnesota, the building benefits from a downtown streetscape setting, with frontage on Main Street South providing visibility for the commercial component.
The combination of a street-level commercial space and two upstairs residences can support a range of uses, including a live-work arrangement where an owner or operator can work on the first floor while occupying one of the apartments or leasing both units. It can also appeal to investors looking to acquire a multi-unit property with a flexible commercial footprint that can be customized for a new business concept. Buyers should plan for renovation and due diligence with the understanding that the sale is conducted “As-Is.”
Located at 207 Main Street South in Chatfield, Minnesota, the building benefits from a downtown streetscape setting, with frontage on Main Street South providing visibility for the commercial component.
The combination of a street-level commercial space and two upstairs residences can support a range of uses, including a live-work arrangement where an owner or operator can work on the first floor while occupying one of the apartments or leasing both units. It can also appeal to investors looking to acquire a multi-unit property with a flexible commercial footprint that can be customized for a new business concept. Buyers should plan for renovation and due diligence with the understanding that the sale is conducted “As-Is.”
Key Highlights
- 1898 brick two‑story building with ground‑floor commercial space and two second‑floor 1‑bedroom apartments
- Main‑floor commercial space previously operated as a restaurant
- Live‑work, multi‑use layout with street‑level business space plus residential apartments upstairs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 55923, MN
4,705
Population
1,789
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
126.1 sq mi
ZIP Area
37
Density / Sq Mi
$93,446
Median Household Income
$50,241
Median Earnings
$709
Median Rent
$251,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story brick building with ground-floor restaurant space and two second-floor one-bedroom apartments, sold as-is.
Where is this duplex located?
The property is located at 207 Main St S Chatfield, MN.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 1898 brick two‑story building with ground‑floor commercial space and two second‑floor 1‑bedroom apartments; Main‑floor commercial space previously operated as a restaurant; Live‑work, multi‑use layout with street‑level business space plus residential apartments upstairs
