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Open-Layout Storefront
New
For Sale
$149,900

223 Elm Street W, Norwood Young America, MN 55368

Business/commercial zoning supports a range of commercial occupancy, with off-street parking available from the alley.

Property Size1,500 SF
Price / SF$99.93
Days on Market3

Property Features for 223 Elm Street W

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $1,396

Amenities

front office
spacious working area
bathroom
employee entrance
storage room

Building Details

Building Size 1,500 SF
Year Built 1960
Units 1
Construction brick
Listing Agency: Chestnut Realty Inc
Listed By: Bryan Haasken
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:29PM

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 Chestnut Realty Inc

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Investment Insights

Based on property information with market context.

This 1,500-square-foot storefront in Norwood Young America has a brick facade and an open interior plan. The layout includes a front office, a large work area, a bathroom, a storage room, and a separate employee entrance. The building was constructed in 1960 and is zoned Business/Commercial.

Off-street parking is available along the alley. The property has previously housed several businesses, most recently a photography studio.

Key Highlights

  • 1,500 square feet with an open interior layout
  • Front office, work area, bathroom, and storage room
  • Separate employee entrance

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Pharmacy

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
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Kwik Trip Shops & Services
38,543 visits/mo 0.4 miles
McDonald's Dining
21,939 visits/mo 0.5 miles
Carquest Auto Parts Shops & Services
2,183 visits/mo 0.4 miles

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
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

Similar Off Market Nearby

  • Floral Defined LLC — 225 Elm St W, Norwood Young America, MN 55368

Frequently Asked Questions

What type of property is this?
Storefront property - Business/commercial zoning supports a range of commercial occupancy, with off-street parking available from the alley.
Where is this storefront property 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: 1,500 square feet with an open interior layout; Front office, work area, bathroom, and storage room; Separate employee entrance
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