Assisted Living Facility with Private
New
For Sale
$800,000
311 S Nicollet Street, Blue Earth, MN 56013
COMMERCIAL, Blue Earth, MN
Property Size5,500 SF
Price / SF$145.45
Days on Market7
Property Features for 311 S Nicollet Street
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Kitchen Area, Restrooms, Smoke Detectors
Accessibility
Accessible Approach with Ramp
Elementary school district
Blue Earth Area #2860
Middle school district
Blue Earth Area #2860
High school district
Blue Earth Area #2860
Subdivision
B.E./WINN/WELL/KIEST/BRI
Standard status
Active
APN
21.272.0630
Taxes and HOA fees
Tax Year
2026
Tax Description
Lots 3 and 4, Block 7, Dow and Bowen's Addition to Blue Earth City (now City of Blue Earth), Faribault County, Minnesota
Tax Annual Amount
8363
Legal Description
Lots 3 and 4, Block 7, Dow and Bowen's Addition to Blue Earth City (now City of Blue Earth), Faribault County, Minnesota
Utilities
Heating system
Baseboard, Forced Air
Cooling system
Central Air
Amenities
covered porch
covered portico
gas fireplace
commercial kitchen
private office
full bath with walk-in shower
wide hallways with handrails
secondary entrance with ramp
partial basement
HRV ventilation system
Building Details
Year built
1990
Roof type
Shingle
Listing Agency:
OLSON NELSON REALTY
(507) 526-7304
Listed By:
KARA DRAKE · License #40370595
(507) 525-0360
Added: Aug 26
Changed: Aug 27
Last Checked: Sep 1 at 6:06AM
MLS# 267041303
Copyright © 2026 Realtor Association of Southern Minnesota. 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 5,500+ sq ft assisted living facility was built in 1990 and previously operated as a residential care property. The building contains fourteen individual rooms, each with a closet, baseboard heat, and a private half bath; one room has a full bath. Shared areas include a central living room with a gas fireplace and extensive windows, a dining area, and a full commercial kitchen with a separate supply and workroom. Additional interior features include a private office, a full bath with walk-in shower, and a room equipped with a hair-washing station.
The property occupies a corner lot and provides covered entry through a porch and portico. A concrete circular driveway serves the primary entrance, while a second driveway and ramp support accessible entry and deliveries. Wide hallways with handrails add accessibility features. Building systems include two HVAC units, two water heaters, a water softener, HRV ventilation, a partial basement, and crawl-space access.
The property occupies a corner lot and provides covered entry through a porch and portico. A concrete circular driveway serves the primary entrance, while a second driveway and ramp support accessible entry and deliveries. Wide hallways with handrails add accessibility features. Building systems include two HVAC units, two water heaters, a water softener, HRV ventilation, a partial basement, and crawl-space access.
Key Highlights
- 5,500+ sq ft building constructed in 1990
- Fourteen individual rooms with private half baths and closets
- Full commercial kitchen with dedicated supply and workspace room
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56013, MN
4,298
Population
2,110
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
93%
High-School Grad
169.2 sq mi
ZIP Area
25
Density / Sq Mi
$64,360
Median Household Income
$37,201
Median Earnings
$926
Median Rent
$160,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Friendship Court — 1228 S Rice St, Blue Earth, MN 56013
- Elm Homes — 108 W 14th St, Blue Earth, MN 56013
- Nicollet Place — 311 S Nicollet St, Blue Earth, MN 56013
Frequently Asked Questions
What type of property is this?
Assisted living facility - Fourteen individually configured rooms include closets, baseboard heat, and private half baths.
Where is this assisted living facility located?
The property is located at 311 S Nicollet Street Blue Earth, MN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 5,500+ sq ft building constructed in 1990; Fourteen individual rooms with private half baths and closets; Full commercial kitchen with dedicated supply and workspace room
