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    New Ulm, MN
    Restaurants

    New Ulm, MN Restaurants for Sale

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    Courtland, MN Sleepy Eye, MN Nicollet, MN
    Two-Story Building with Drive-Through
    Updated: Feb 18
    Two-Story Building with Drive-Through

    1501 North Broadway Street, New Ulm, MN 56073

    $325,000
    2,322 sqft
    2322 SF suitable for retail or office use
    Benefit from the convenience of a drive‑through window
    Great parking
    Two‑story building
    TI Allowances
    View details
    Turnkey Restaurant Opportunity in New Ulm
    Updated: Sep 10, 2025
    Turnkey Restaurant Opportunity in New Ulm

    1922 S Broadway St, New Ulm, MN 56073

    $1,200,000
    4 sqft
    Strategic location in New Ulm.
    Turnkey potential for immediate operation.
    Fully equipped for limited service establishment.
    Previously operated as a Burger King since 2001.
    Offers potential to add hospitality option to market.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 2 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Former Restaurant Building For Sale
    Former Restaurant Building For Sale

    1123 Range Street, North Mankato, MN 56003

    $1,200,000
    4,500 sqft · 0.82 AC lot

    4,500 SF building with highway visibility and ample parking.

    View details
    Restaurant for Sale with Pizza Oven
    Restaurant for Sale with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $154,900

    For-sale family restaurant with seating for 106 and a kitchen featuring a pizza oven.

    View details
    North Mankato Restaurant Opportunity
    North Mankato Restaurant Opportunity

    1745 Commerce Drive, North Mankato, MN 56003

    $750,000
    3,100 sqft

    Second-generation restaurant space with drive-through in high-traffic area.

    View details
    Established Restaurant with Pizza Oven
    Established Restaurant with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $164,900

    Family-owned restaurant with seating for 106 and pizza oven.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1770 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land available in high-traffic area near major retailers.

    View details
    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1780 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land available in high-traffic area near major retailers.

    View details
    Land Near Retail Centers
    Land Near Retail Centers

    1750 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land suitable for fast food or service businesses.

    View details
    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1740 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land suitable for fast food or service businesses.

    View details

    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.

    221 Minnesota St
    RESTAURANT

    221 Minnesota St, New Ulm, MN 56073-1731

    Value Estimation by Request
    11,152 sqft
    View details
    10 Minnesota St
    TAKE-OUT RESTAURANT

    10 Minnesota St, New Ulm, MN 56073-1728

    Value Estimation by Request
    3,760 sqft
    View details
    1922 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1922 Broadway St, New Ulm, MN 56073-3753

    $1,395,000
    Estimated value
    3,948 sqft
    View details
    1727 Broadway St
    RESTAURANT

    1727 Broadway St, New Ulm, MN 56073-3751

    $1,170,000
    Estimated value
    5,183 sqft
    View details
    115 Minnesota St
    RESTAURANT

    115 Minnesota St, New Ulm, MN 56073-1729

    Value Estimation by Request
    1,992 sqft
    View details
    209 Minnesota St
    RESTAURANT

    209 Minnesota St, New Ulm, MN 56073-1731

    Value Estimation by Request
    4,125 sqft
    View details
    24 Minnesota St
    RESTAURANT

    24 Minnesota St, New Ulm, MN 56073-1728

    Value Estimation by Request
    2,286 sqft
    View details
    16 Minnesota St
    RESTAURANT

    16 Minnesota St, New Ulm, MN 56073-1728

    $510,000
    Estimated value
    4,320 sqft
    View details
    410 20th S St
    RESTAURANT

    410 20th S St, New Ulm, MN 56073-3982

    Value Estimation by Request
    3,835 sqft
    View details
    1 Minnesota St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1 Minnesota St, New Ulm, MN 56073-3001

    Value Estimation by Request
    5,200 sqft
    View details
    301 20th S St
    NIGHTCLUB (COCKTAIL LOUNGE)

    301 20th S St, New Ulm, MN 56073-2269

    $880,000
    Estimated value
    23,494 sqft
    View details
    27 Minnesota St
    RESTAURANT

    27 Minnesota St, New Ulm, MN 56073-3001

    Value Estimation by Request
    3,600 sqft
    View details
    213 Minnesota St
    RESTAURANT

    213 Minnesota St, New Ulm, MN 56073-2116

    Value Estimation by Request
    1,050 sqft
    View details
    5 Vly St
    RESTAURANT

    5 Vly St, New Ulm, MN 56073

    Value Estimation by Request
    912 sqft · 0.23 AC lot
    View details
    701 Minnesota St
    DRIVE-THRU RESTAURANT, FAST FOOD

    701 Minnesota St, New Ulm, MN 56073

    Value Estimation by Request
    2,236 sqft
    View details
    225 Minnesota St
    BAR, TAVERN

    225 Minnesota St, New Ulm, MN 56073-1731

    Value Estimation by Request
    1,725 sqft
    View details
    1927 Broadway St
    RESTAURANT

    1927 Broadway St, New Ulm, MN 56073-3747

    $535,000
    Estimated value
    6,600 sqft
    View details
    1707 Broadway St
    RESTAURANT

    1707 Broadway St, New Ulm, MN 56073-1253

    Value Estimation by Request
    4,320 sqft
    View details
    1710 Westridge Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1710 Westridge Rd, New Ulm, MN 56073-2337

    Value Estimation by Request
    2,966 sqft · 1.17 AC lot
    View details
    425 State St
    BAR, TAVERN

    425 State St, New Ulm, MN 56073-1862

    Value Estimation by Request
    2,790 sqft
    View details
    301 Minnesota St
    RESTAURANT

    301 Minnesota St, New Ulm, MN 56073-1733

    Value Estimation by Request
    1,775 sqft
    View details
    15 Minnesota St
    BAR, TAVERN

    15 Minnesota St, New Ulm, MN 56073-1727

    Value Estimation by Request
    2,525 sqft · 0.09 AC lot
    View details

    New Ulm, MN Restaurants Market Trends and Statistics

    Explore 44 restaurants for sale in New Ulm, MN on our real estate platform. These investment opportunities span a total of 4,648 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for restaurant properties in New Ulm, MN start at $325,000, averaging $616,666, and reaching up to $1,200,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 3

    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 $616.7K

    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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