Mixed-Use Corner
For Sale
$310,000
214 N Minnesota Street, New Ulm, MN 56073
Commercial Sale, New Ulm, MN
Property SizeContact for details
Lot Size0.19 Acres
Days on Market414
Property Features for 214 N Minnesota Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
Covered
Subdivision
North Of Center
High school district
New Ulm
Directions
HWY 14 to N Minnesota St
Standard status
Active
APN
00100106310101
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2250
Utilities
Heating system
Forced Air
Amenities
ample parking
Building Details
Year built
1918
Listing Agency:
True Real Estate
(507) 345-8783
Listed By:
Karen Toft · License #40611409
(507) 381-2969
Added: Aug 26, 2025
Changed: Oct 8
Last Checked: Oct 13 at 7:06AM
MLS# 6779299
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1918, this corner property in downtown New Ulm was formerly occupied by a family sports bar and grill. The upper level is shown as a potential location for two apartments in an adaptive reuse concept; commercial and residential concept designs are available.
The property includes covered parking behind the building and occupies a 0.189-acre lot at 214 N Minnesota Street. Forced-air heating serves the building.
The property includes covered parking behind the building and occupies a 0.189-acre lot at 214 N Minnesota Street. Forced-air heating serves the building.
Key Highlights
- 0.189‑acre lot at 214 N Minnesota Street
- Corner building in downtown New Ulm
- Built in 1918
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Caribou Coffee
Dining
13,588 visits/mo
0.4 miles
BP
Shops & Services
7,713 visits/mo
0.4 miles
Jimmy John's
Dining
4,144 visits/mo
0.1 miles
Bank Midwest
Shops & Services
2,061 visits/mo
0.2 miles
Domino's Pizza
Dining
1,479 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Covered parking sits behind the building in downtown New Ulm.
Where is this mixed-use property located?
The property is located at 214 N Minnesota Street 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: 0.189‑acre lot at 214 N Minnesota Street; Corner building in downtown New Ulm; Built in 1918
