Two-Story Brick Mixed-Use
For Sale
$284,700
224 Elm Street W, Norwood Young America, MN 55368
Downtown commercial property with retail occupancy, flexible upper-level space, updated systems, and Business/Commercial zoning.
Property Size4,400 SF
Price / SF$64.70
Days on Market167
Property Features for 224 Elm Street W
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,124
Building Details
Year Built
1896
Buildings
1
Stories
2
Units
2
Construction
brick
Listing Agency:
RE/MAX Advantage Plus
(952) 992-9299
Listed By:
Michaelee Jenkins · License #RA- 20337033
(952) 992-9299
Source:
Ivyrealestategroup
Added: Feb 25
Changed: Aug 7
Last Checked: Aug 11 at 1:34PM
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 RE/MAX Advantage Plus
Investment Insights
Based on property information with market context.
This two-story brick mixed-use building offers 4,400 total finished square feet, including more than 2,200 square feet on the main level and a preserved upper floor. The property includes a full basement, 2 1/2 baths, and an existing quilting-business retail shop. Updated electrical service, PVC and copper plumbing, a 2009 FA/CA system, new duct work, and a basement toilet are also in place.
Located at 224 Elm Street W in downtown Norwood Young America, the building sits directly across from the city buildings. Street parking is available on two sides, with a public parking lot to the east. Business/Commercial zoning supports the property's mixed-use classification.
Located at 224 Elm Street W in downtown Norwood Young America, the building sits directly across from the city buildings. Street parking is available on two sides, with a public parking lot to the east. Business/Commercial zoning supports the property's mixed-use classification.
Key Highlights
- 4,400 total finished square feet in a two‑story brick building
- More than 2,200 square feet on the main level plus a preserved upper floor
- Full basement with toilet; 2 1/2 baths in the building
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown commercial property with retail occupancy, flexible upper-level space, updated systems, and Business/Commercial zoning.
Where is this mixed-use property located?
The property is located at 224 Elm Street W Norwood Young America, MN.
What is the asking price?
The asking price for this property is $284,700.
What are key features of this property?
This property features: 4,400 total finished square feet in a two‑story brick building; More than 2,200 square feet on the main level plus a preserved upper floor; Full basement with toilet; 2 1/2 baths in the building
