Downtown Mixed-Use Corner
For Sale
$310,000
214 N Minnesota St, New Ulm, MN 56073
Historic commercial property with rear parking and an adaptable interior configuration in downtown New Ulm.
Property Size5,075 SF
Price / SF$61.08
Days on Market13
Property Features for 214 N Minnesota St
General Information
Standard status
Active
Size
5,075 SF
Additional Details
Corner Location
Yes
Building Details
Year Built
1918
Buildings
1
Listing Agency:
True Real Estate
(507) 381-2969
Listed By:
Karen Toft · License #40611409
Source:
Chrisfritchteam
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 28 at 11:19AM
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.
Built in 1918, this mixed-use commercial property occupies a corner position at 214 N Minnesota St in downtown New Ulm. The 5,075-square-foot building previously operated as the Lamplighter Family Sports Bar & Grill and includes a flexible interior arrangement suitable for repositioning. Parking is located behind the building, an uncommon convenience for a downtown property.
The upper level could support an adaptive mixed commercial and residential plan with two apartments, while the main level may accommodate a renewed hospitality operation, retail concept, entertainment use, or another commercial format. The property is surrounded by other downtown establishments and is positioned within an area described as experiencing continued revitalization and investment. Commercial and residential concept designs are available by request, and lease availability may be discussed with the owner.
The upper level could support an adaptive mixed commercial and residential plan with two apartments, while the main level may accommodate a renewed hospitality operation, retail concept, entertainment use, or another commercial format. The property is surrounded by other downtown establishments and is positioned within an area described as experiencing continued revitalization and investment. Commercial and residential concept designs are available by request, and lease availability may be discussed with the owner.
Key Highlights
- 5,075‑square‑foot mixed‑use commercial building
- Corner property at 214 N Minnesota St in downtown New Ulm
- Built in 1918
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
Jimmy John's
Dining
4,144 visits/mo
0.4 miles
Bank Midwest
Shops & Services
2,061 visits/mo
0.2 miles
Domino's Pizza
Dining
1,479 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic commercial property with rear parking and an adaptable interior configuration in downtown New Ulm.
Where is this mixed-use property located?
The property is located at 214 N Minnesota St New Ulm, MN.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 5,075‑square‑foot mixed‑use commercial building; Corner property at 214 N Minnesota St in downtown New Ulm; Built in 1918
