New Ulm, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    New Ulm, MN Restaurants for Sale

    Notify Me
    List
    Map
    Courtland, MN Sleepy Eye, MN Nicollet, MN
    Downtown New Ulm Commercial Opportunity
    $310,000
    0.19 Acres

    Downtown New Ulm Commercial Opportunity

    214 N Minnesota Street, New Ulm, MN 56073

    High-visibility commercial property in historic downtown New Ulm.

    • Prime downtown location in historic New Ulm with high visibility and consistent foot traffic.
    • Ample parking behind the building, a rare amenity for downtown properties.
    • Flexible interior layout suitable for various uses.
    • Redevelopment potential for a vibrant new business or mixed‑use concept.
    • Opportunity to capitalize on New Ulm's downtown revitalization and investment.
    Updated: Aug 26, 2025
    View details
    Two-Story Building with Drive-Through
    $325,000
    2,322 SF

    Two-Story Building with Drive-Through

    1501 North Broadway Street, New Ulm, MN 56073

    Two-story, 2322 SF building suitable for retail or office.

    • 2322 SF suitable for retail or office use
    • Benefit from the convenience of a drive‑through window
    • Great parking
    • Two‑story building
    • TI Allowances
    Updated: Feb 18
    View details
    Retail/Office Building with Drive-Through
    $325,000
    2,322 SF

    Retail/Office Building with Drive-Through

    Two-story building suitable for retail or office use with parking.

    1501 North Broadway Street, New Ulm, MN 56073
    View details
    Turnkey Restaurant Opportunity in New Ulm
    $1,200,000

    Turnkey Restaurant Opportunity in New Ulm

    Restaurant property with drive-through, ready for immediate operation.

    1922 S Broadway St, New Ulm, MN 56073
    View details
    Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 4 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.

    Lakeside Hospitality Business Opportunity
    Contact for pricing
    6,056 SF

    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue for sale.

    805 Main St, Madison Lake, MN
    View details
    Lakeside Hospitality Business Opportunity
    Contact for pricing
    3,000 SF

    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue with lodging.

    803 Main Street |, Madison Lake, MN 56063
    View details
    Arby's Investment Property For Sale
    $2,175,000
    3,366 SF

    Arby's Investment Property For Sale

    NNN leased Arby's with a drive-thru in Mankato, Minnesota.

    520 S Riverfront Dr, Mankato, MN 56001
    View details
    Prime Retail Outlot Opportunity
    $300,000
    0.75 Acres

    Prime Retail Outlot Opportunity

    Strategically located retail outlot with high traffic counts.

    TBD Premier Drive, Mankato, MN 56001
    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
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001
    View details
    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1780 Premier Drive, Mankato, MN 56001
    View details
    Land Near Retail Centers
    Contact for pricing

    Land Near Retail Centers

    Land suitable for fast food or service businesses.

    1750 Premier Drive, Mankato, MN 56001
    View details
    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land suitable for fast food or service businesses.

    1740 Premier Drive, Mankato, MN 56001
    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

    221 Minnesota St

    RESTAURANT • 11,152 SF
    Value Estimation by Request
    221 Minnesota St, New Ulm, MN 56073-1731
    View details
    10 Minnesota St

    10 Minnesota St

    TAKE-OUT RESTAURANT • 3,760 SF
    Value Estimation by Request
    10 Minnesota St, New Ulm, MN 56073-1728
    View details
    1922 Broadway St

    1922 Broadway St

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,948 SF
    Value Estimation
    $1,395,000
    1922 Broadway St, New Ulm, MN 56073-3753
    View details
    1727 Broadway St

    1727 Broadway St

    RESTAURANT • 5,183 SF
    Value Estimation
    $1,170,000
    1727 Broadway St, New Ulm, MN 56073-3751
    View details
    115 Minnesota St

    115 Minnesota St

    RESTAURANT • 1,992 SF
    Value Estimation by Request
    115 Minnesota St, New Ulm, MN 56073-1729
    View details
    209 Minnesota St

    209 Minnesota St

    RESTAURANT • 4,125 SF
    Value Estimation by Request
    209 Minnesota St, New Ulm, MN 56073-1731
    View details
    24 Minnesota St

    24 Minnesota St

    RESTAURANT • 2,286 SF
    Value Estimation by Request
    24 Minnesota St, New Ulm, MN 56073-1728
    View details
    16 Minnesota St

    16 Minnesota St

    RESTAURANT • 4,320 SF
    Value Estimation
    $510,000
    16 Minnesota St, New Ulm, MN 56073-1728
    View details
    410 20th S St

    410 20th S St

    RESTAURANT • 3,835 SF
    Value Estimation by Request
    410 20th S St, New Ulm, MN 56073-3982
    View details
    1 Minnesota St

    1 Minnesota St

    DRIVE-THRU RESTAURANT, FAST FOOD • 5,200 SF
    Value Estimation by Request
    1 Minnesota St, New Ulm, MN 56073-3001
    View details
    301 20th S St

    301 20th S St

    NIGHTCLUB (COCKTAIL LOUNGE) • 23,494 SF
    Value Estimation
    $880,000
    301 20th S St, New Ulm, MN 56073-2269
    View details
    27 Minnesota St

    27 Minnesota St

    RESTAURANT • 3,600 SF
    Value Estimation by Request
    27 Minnesota St, New Ulm, MN 56073-3001
    View details
    213 Minnesota St

    213 Minnesota St

    RESTAURANT • 1,050 SF
    Value Estimation by Request
    213 Minnesota St, New Ulm, MN 56073-2116
    View details
    5 Vly St

    5 Vly St

    RESTAURANT • 912 SF
    Value Estimation by Request
    5 Vly St, New Ulm, MN 56073
    View details
    701 Minnesota St

    701 Minnesota St

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,236 SF
    Value Estimation by Request
    701 Minnesota St, New Ulm, MN 56073
    View details
    225 Minnesota St

    225 Minnesota St

    BAR, TAVERN • 1,725 SF
    Value Estimation by Request
    225 Minnesota St, New Ulm, MN 56073-1731
    View details
    1927 Broadway St

    1927 Broadway St

    RESTAURANT • 6,600 SF
    Value Estimation
    $535,000
    1927 Broadway St, New Ulm, MN 56073-3747
    View details
    1707 Broadway St

    1707 Broadway St

    RESTAURANT • 4,320 SF
    Value Estimation by Request
    1707 Broadway St, New Ulm, MN 56073-1253
    View details
    1710 Westridge Rd

    1710 Westridge Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,966 SF
    Value Estimation by Request
    1710 Westridge Rd, New Ulm, MN 56073-2337
    View details
    425 State St

    425 State St

    BAR, TAVERN • 2,790 SF
    Value Estimation by Request
    425 State St, New Ulm, MN 56073-1862
    View details

    New Ulm, MN Restaurants Investment Opportunities Market Analysis

    Explore 46 restaurants for sale in New Ulm, MN, showcased through 4 active listings 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.

    List
    Map

    Top Commercial Asset Segments

    Drive through restaurants 3
    Bars & Pubs 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    56073 $540K

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings