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Property profile & analytics
OFF-MARKET
Flex space

1326 Broadway St New Ulm, MN 56073-3453

2,880 SF Built 1963
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US46-2701682
Property summary
AI-generated overview

This exceptional commercial property, located at 1326 S Broadway Street in New Ulm, Minnesota, 56073, is offered for sale at $249,900. Situated across from Subway, this special purpose building boasts ample space, including a full basement, providing significant potential for a variety of commercial uses. Recent renovations have enhanced the property's appeal, with updates including several windows, two bathrooms, flooring, lighting, electrical wiring, and a new furnace and air conditioning system. The building's functionality is further improved by the inclusion of off-street parking. The property's prime location on South Broadway in Brown County, Minnesota, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, updated commercial building with significant potential in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged to explore the possibilities this property presents. The property is available for sale.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1963
Total area 2,880 SF
Zoning code C2
APN 001.002.092.07.070
UPID US46-2701682
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Casaec LLC · 5 yrs held
Casaec LLC
since 2020
Last sale
$100,000
1 recorded transaction
2020
$100,000
Zoning & alternative use
C2 · New Ulm, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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