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    New Ulm, MN
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    New Ulm, MN Retail Properties & Spaces for Sale

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    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
    Retail/Office Building with Drive-Through
    Updated: Feb 18
    Retail/Office Building with Drive-Through

    1501 North Broadway Street, New Ulm, MN 56073

    Contact for pricing
    2,322 sqft
    Great parking available for customers and staff.
    Features a convenient drive‑through window.
    2322 SF suitable for retail or office use.
    Two‑story building.
    TI Allowances offered.
    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

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    New Construction Mixed-Use Building
    New Construction Mixed-Use Building

    100 S Broadway St, New Ulm, MN 56073

    Contact for pricing

    Two available units offer off-street parking and flexibility for office or retail occupancy.

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    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.

    Car Wash Building with 4 Bays
    Car Wash Building with 4 Bays

    604 Main St E, Sleepy Eye, MN 56085

    $149,900

    Four-bay car wash building with in-floor heat on a double corner lot with highway and alley access.

    View details
    Downtown Retail Storefront with Offices
    Downtown Retail Storefront with Offices

    1058 1st Avenue, Gibbon, MN 55335

    Contact for pricing
    5,202 sqft

    Storefront building offers office and display space at the front with open shop area in the back.

    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    201 Main Street West, Sleepy Eye, MN 56085

    Contact for pricing

    Highway-exposed property combines commercial space, basement storage, and two upper-level apartments.

    View details
    Retail Space
    Retail Space

    1253 1st ave Avenue, Gibbon, MN 55335

    Contact for pricing

    Retail premises located in Gibbon, Minnesota.

    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 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.

    View details
    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.

    View details
    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.

    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.

    61436 County Rd 21
    AUTO REPAIR, GARAGE

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

    $195,000
    Estimated value
    5,000 sqft 1.50 AC lot
    View details
    1327 Vly St
    AUTO REPAIR, GARAGE

    1327 Vly St, New Ulm, MN 56073-3403

    $260,000
    Estimated value
    4,256 sqft
    View details
    127 Minnesota St
    RETAIL STORES (PERSONAL SERVICES)

    127 Minnesota St, New Ulm, MN 56073-1729

    $275,000
    Estimated value
    2,500 sqft
    View details
    425 Frnt St
    AUTO REPAIR, GARAGE

    425 Frnt St, New Ulm, MN 56073-1663

    $180,000
    Estimated value
    2,739 sqft
    View details
    1430 Westridge Rd
    SHOW ROOM, WAREHOUSE

    1430 Westridge Rd, New Ulm, MN 56073-2335

    $455,000
    Estimated value
    17,250 sqft 5.53 AC lot
    View details
    221 Minnesota St
    RESTAURANT

    221 Minnesota St, New Ulm, MN 56073-1731

    $400,000
    Estimated value
    11,152 sqft
    View details
    1719 Minnesota St
    AUTO REPAIR, GARAGE

    1719 Minnesota St, New Ulm, MN 56073-1217

    $100,000
    Estimated value
    2,188 sqft
    View details
    203 Minnesota St
    RETAIL STORES (PERSONAL SERVICES)

    203 Minnesota St, New Ulm, MN 56073-1731

    $350,000
    Estimated value
    7,590 sqft 0.01 AC lot
    View details
    1204 Broadway St
    RETAIL STORES (PERSONAL SERVICES)

    1204 Broadway St, New Ulm, MN 56073-3454

    $215,000
    Estimated value
    1,920 sqft
    View details
    226 Minnesota St
    FINANCIAL BUILDING

    226 Minnesota St, New Ulm, MN 56073-1732

    $155,000
    Estimated value
    3,050 sqft
    View details
    19 Minnesota St
    BARBER, HAIR SALON

    19 Minnesota St, New Ulm, MN 56073-1727

    $240,000
    Estimated value
    3,000 sqft 0.11 AC lot
    View details
    336 Minnesota St
    FINANCIAL BUILDING

    336 Minnesota St, New Ulm, MN 56073-1734

    $165,000
    Estimated value
    5,180 sqft
    View details
    10 Minnesota St
    TAKE-OUT RESTAURANT

    10 Minnesota St, New Ulm, MN 56073-1728

    $290,000
    Estimated value
    3,760 sqft
    View details
    12852 County Rd 24
    SERVICE STATION (FULL SERVICE)

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

    $120,000
    Estimated value
    3,630 sqft 0.50 AC lot
    View details
    1922 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1922 Broadway St, New Ulm, MN 56073-3753

    $1,290,000
    Estimated value
    3,948 sqft
    View details
    110 Minnesota St
    DEPARTMENT STORE (MULTI-STORY)

    110 Minnesota St, New Ulm, MN 56073-1701

    $925,000
    Estimated value
    8,200 sqft
    View details
    28 Minnesota St
    RETAIL STORES (PERSONAL SERVICES)

    28 Minnesota St, New Ulm, MN 56073-1728

    $235,000
    Estimated value
    3,795 sqft
    View details
    1727 Broadway St
    RESTAURANT

    1727 Broadway St, New Ulm, MN 56073-3751

    $1,105,000
    Estimated value
    5,183 sqft
    View details
    1700 State St
    BARBER, HAIR SALON

    1700 State St, New Ulm, MN 56073-1364

    $255,000
    Estimated value
    1,120 sqft
    View details

    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 $1,629,000.

    Sale prices for stores in New Ulm, MN start at $429,000, averaging $814,500, 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

    Storefront properties 3
    Shopping centers 1

    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 $814.5K

    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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