Mixed-Use

New Ulm, MN Mixed-use Properties for Sale

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Mixed-Use Property with Retail Space
Updated: Sep 24
Mixed-Use Property with Retail Space

123 N Minnesota Street, New Ulm, MN 56073

$414,900
0.19 AC lot
1,791‑square‑foot ground‑floor retail space with basement storage
Residential space of more than 3,000 square feet across the second and third floors
Outdoor patio exceeds 400 square feet; third‑floor deck is just under 400 square feet
The upper floors were once separate living spaces
2011 work included new windows on all floors, roof insulation and membrane, and facade tuckpointing
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Mixed-Use Corner Building
Updated: Aug 26, 2025
Mixed-Use Corner Building

214 N Minnesota Street, New Ulm, MN 56073

$310,000
0.19 AC lot
0.189‑acre lot at 214 N Minnesota Street
Corner building in downtown New Ulm
Built in 1918
Covered parking behind the building
Formerly occupied by a family sports bar and grill
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Downtown Mixed-Use Corner Building
Downtown Mixed-Use Corner Building

214 N Minnesota St, New Ulm, MN 56073

$310,000
5,075 sqft

Historic commercial property with rear parking and an adaptable interior configuration in downtown New Ulm.

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Downtown New Ulm Mixed-Use Property
Downtown New Ulm Mixed-Use Property

123 N Minnesota St, New Ulm, MN 56073

$424,900
5,300 sqft 0.09 AC lot

Nice looking property in Downtown New Ulm, MN

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

1217 South Broadway Street, New Ulm, MN 56073

Contact for pricing

Leased building with an apartment, separate parking parcel, and heated garage.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Five Apartments
Mixed-Use Building with Five Apartments

235 - 237 Belgrade Ave, North Mankato, MN 56003

$2,600,000
7,846 sqft

Main-level retail space currently serves as a skin and spa clinic, while upper floors contain modern residential units.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

101 2nd St SE, Fairfax, MN 55332

$62,900
2,400 sqft

Two-level layout combines a commercial main floor with an upstairs residential unit.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

127 1st Street SE, Fairfax, MN 55332

$39,900
0.08 AC lot

The ground floor has customer-facing space, a kitchen, baking room, bathroom, and storage.

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Mixed-Use Property with Five Apartments
Mixed-Use Property with Five Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000

Modern street-level retail space is paired with multiple upper-level apartments and contemporary interior finishes.

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Off-Market Properties in New Ulm, MN

Consider similar Off-Market properties in New Ulm, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

126 Minnesota St
Mixed-use properties

126 Minnesota St, New Ulm, MN 56073

Estimated value: by Request
18,510 sqft 0.19 AC lot
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New Ulm, MN Mixed-Use Properties Market Trends and Statistics

Explore 6 mixed-use properties for sale in New Ulm, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,375 square feet of properties for sale, with an estimated market value of $1,459,800.

Sale prices for multi use buildings in New Ulm, MN start at $310,000, averaging $364,950, and reaching up to $424,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 17K
Population Growth (5Y) +4.5%
Median Household Income $69,698
College Educated 36.2%

High-Yield Neighborhoods for Investment

Identify New Ulm submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56073 $383.3K

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $10.30 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

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