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New Ulm, MN

Retail

New Ulm, MN Retail Properties & Spaces for Sale

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Courtland, MN Sleepy Eye, MN Lafayette, MN Nicollet, MN Hanska, MN Winthrop, MN Madelia, MN Fairfax, MN

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

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.

Retail/Office Building with Drive-Through

Retail/Office Building with Drive-Through

1501 North Broadway Street, New Ulm, MN 56073

Contact for pricing

2,322 sqft

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

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Two-Story Downtown Retail Building

Two-Story Downtown Retail Building

New Ulm, MN 56073

$429,000

Well-maintained two-story retail building with basement storage and an unfinished attic for future expansion.

Retail Property with Ample Parking

Retail Property with Ample Parking

1914 S Broadway St, New Ulm, MN 56073

Contact for pricing

90,015 sqft

Retail property featuring ample parking and proximity to transportation routes.

Based on your search, we've compiled 79 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 67 Off-Market properties to explore as potential leads, plus 3 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.

Corner Office and Retail Building

Corner Office and Retail Building

106 N Renville St, Winthrop, MN 55396

$129,900

4,017 sqft

4,000 SF downtown corner space with open layout, 10-foot ceilings, and a retained commercial kitchen setup.

4-Unit Downtown Office Building

4-Unit Downtown Office Building

304 Pine St, Nicollet, MN 56074

Contact for pricing

Downtown commercial property with separate office suites and basement space.

Four-Unit Office Building

Four-Unit Office Building

633 N 3rd St, Nicollet, MN 56074

Contact for pricing

Downtown office property with multiple separate workspaces and basement area.

Mixed-Use Building with Kitchen

Mixed-Use Building with Kitchen

106 N Renville Street, Winthrop, MN 55396

$129,900

Flexible commercial space with an open interior, customer parking, and infrastructure suited to office, retail, or food-service use.

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 Outlot

Commercial Land Outlot

Premier Drive, Mankato, MN 56001

$300,000

0.75 AC lot

Accessible commercial parcel positioned within an established retail setting near major highways and big-box shopping.

Highway Business Commercial Land

Highway Business Commercial Land

Coneflower Lane, Mankato, MN 56001

$937,312

1.26 AC lot

Highway Business District zoning places this parcel near planned commercial and residential development.

Commercial Land with Three Access Points

Commercial Land with Three Access Points

Adams Street, Mankato, MN 56001

$2,138,665

16.93 AC lot

Utilities extend along the north side, with connections to a four-lane highway and nearby roundabout.

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.

61436 County Rd 21

AUTO REPAIR, GARAGE

61436 County Rd 21, New Ulm, MN 56073-4369

Estimated value:

$195,000

5,000 sqft 1.50 AC lot

1327 Vly St

AUTO REPAIR, GARAGE

1327 Vly St, New Ulm, MN 56073-3403

Estimated value:

$260,000

4,256 sqft

127 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

127 Minnesota St, New Ulm, MN 56073-1729

Estimated value:

$275,000

2,500 sqft

425 Frnt St

AUTO REPAIR, GARAGE

425 Frnt St, New Ulm, MN 56073-1663

Estimated value:

$180,000

2,739 sqft

1430 Westridge Rd

SHOW ROOM, WAREHOUSE

1430 Westridge Rd, New Ulm, MN 56073-2335

Estimated value:

$455,000

17,250 sqft 5.53 AC lot

221 Minnesota St

RESTAURANT

221 Minnesota St, New Ulm, MN 56073-1731

Estimated value:

$400,000

11,152 sqft

1719 Minnesota St

AUTO REPAIR, GARAGE

1719 Minnesota St, New Ulm, MN 56073-1217

Estimated value:

$100,000

2,188 sqft

203 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

203 Minnesota St, New Ulm, MN 56073-1731

Estimated value:

$350,000

7,590 sqft 0.01 AC lot

1204 Broadway St

RETAIL STORES (PERSONAL SERVICES)

1204 Broadway St, New Ulm, MN 56073-3454

Estimated value:

$215,000

1,920 sqft

226 Minnesota St

FINANCIAL BUILDING

226 Minnesota St, New Ulm, MN 56073-1732

Estimated value:

$155,000

3,050 sqft

19 Minnesota St

BARBER, HAIR SALON

19 Minnesota St, New Ulm, MN 56073-1727

Estimated value:

$240,000

3,000 sqft 0.11 AC lot

336 Minnesota St

FINANCIAL BUILDING

336 Minnesota St, New Ulm, MN 56073-1734

Estimated value:

$165,000

5,180 sqft

10 Minnesota St

TAKE-OUT RESTAURANT

10 Minnesota St, New Ulm, MN 56073-1728

Estimated value:

$290,000

3,760 sqft

12852 County Rd 24

SERVICE STATION (FULL SERVICE)

12852 County Rd 24, New Ulm, MN 56073-5267

Estimated value:

$120,000

3,630 sqft 0.50 AC lot

1922 Broadway St

DRIVE-THRU RESTAURANT, FAST FOOD

1922 Broadway St, New Ulm, MN 56073-3753

Estimated value:

$1,290,000

3,948 sqft

110 Minnesota St

DEPARTMENT STORE (MULTI-STORY)

110 Minnesota St, New Ulm, MN 56073-1701

Estimated value:

$925,000

8,200 sqft

28 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

28 Minnesota St, New Ulm, MN 56073-1728

Estimated value:

$235,000

3,795 sqft

1727 Broadway St

RESTAURANT

1727 Broadway St, New Ulm, MN 56073-3751

Estimated value:

$1,105,000

5,183 sqft

1700 State St

BARBER, HAIR SALON

1700 State St, New Ulm, MN 56073-1364

Estimated value:

$255,000

1,120 sqft

New Ulm, MN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in New Ulm, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 92,341 square feet of properties for sale, with an estimated market value of $2,043,900.

Sale prices for stores in New Ulm, MN start at $414,900, averaging $681,300, 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

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	$681.3K

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%

How Realmo verifies these figures

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