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Brick-Front Creative Space
For Sale
$149,900

223 Elm Street W, Norwood Young America, MN 55368

Commercial Sale, Norwood Young America, MN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market182

Property Features for 223 Elm Street W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Driveway
Window features Blinds, Display Window(s), Aluminum Frames
Exterior features Block, Brick/Stone, Brick Veneer
Accessibility Accessible Approach with Ramp
Appliances Water Heater - Electric
Subdivision City Lts Of Norwood
High school district Central
Directions Highway 212 to South on N Faxon Rd to Right on E Elm St to Building on Left.
Standard status Active
APN 580500210
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1396

Utilities

Heating system Oil
Cooling system Wall Unit(s)

Building Details

Year built 1960
Building materials Block, Frame
Roof type Flat
Listing Agency: Chestnut Realty Inc
Listed By: Ken Haasken
Added: Feb 28 Changed: Aug 27 Last Checked: Aug 29 at 12:06PM
MLS# 7024412

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.

This 1960 commercial building in Norwood Young America provides a flexible interior configuration for creative or office-oriented operations. The property includes a front office, an expansive work area, bathroom, storage room, and a separate employee entry. A brick-front exterior, flat roof, electric water heater, oil heat, and wall-unit cooling are part of the existing improvements.

The 0.08-acre site includes driveway parking, with additional off-street parking available along the alley. An accessible approach with ramp supports entry to the building. The structure uses block and frame construction with brick and brick veneer exterior elements. Previously operated as a post office and later occupied by multiple businesses, the building was most recently used as a photography studio.

Key Highlights

  • Flexible interior with front office, large work area, bathroom, and storage room
  • 0.08‑acre commercial site in Norwood Young America
  • Brick and brick veneer exterior with block and frame construction

Property Analytics

Current Use

Communications Consulting Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Nail Salon

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

230
Businesses Nearby

Demographics for 55368, MN

2,305
Population
765
Households
3
Avg Household Size
41
Median Age
23%
College-Educated
99%
High-School Grad
34.2 sq mi
ZIP Area
67
Density / Sq Mi
$76,719
Median Household Income
$48,281
Median Earnings
$1,013
Median Rent
$289,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Open commercial layout with office, work area, storage, and ramp access.
Where is this creative space located?
The property is located at 223 Elm Street W Norwood Young America, MN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Flexible interior with front office, large work area, bathroom, and storage room; 0.08‑acre commercial site in Norwood Young America; Brick and brick veneer exterior with block and frame construction
More about this property
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