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New Ulm, MN

Retail

New Ulm, MN Retail Space for Sale

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Courtland, MN Lafayette, MN Sleepy Eye, MN Nicollet, MN Hanska, MN Winthrop, MN Madelia, MN Lake Crystal, 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

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.

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.

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

Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 3 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Mixed-Use Building with Apartment

Mixed-Use Building with Apartment

101 2nd St SE, Fairfax, MN 55332

$62,900

2,400 sqft

Two-level layout combines a commercial main floor with an upstairs residential unit.

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.

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.

Mixed-Use Building with Apartment

Mixed-Use Building with Apartment

101 2nd Street SE, Fairfax, MN 55332

$62,900

0.16 AC lot

Main-level commercial space is paired with an upstairs three-bedroom apartment and detached garage.

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.

127 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

127 Minnesota St, New Ulm, MN 56073-1729

Estimated value:

$275,000

2,500 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

28 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

28 Minnesota St, New Ulm, MN 56073-1728

Estimated value:

$235,000

3,795 sqft

227 Frnt St

RETAIL STORES (PERSONAL SERVICES)

227 Frnt St, New Ulm, MN 56073-1629

Estimated value:

$55,000

768 sqft

21 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

21 Minnesota St, New Ulm, MN 56073-1727

Estimated value:

$90,000

10,366 sqft

513 1st N St

RETAIL STORES (PERSONAL SERVICES)

513 1st N St, New Ulm, MN 56073

Estimated value:

$90,000

10,366 sqft

526 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

526 Minnesota St, New Ulm, MN 56073-2123

Estimated value:

$150,000

1,250 sqft

2 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

2 Minnesota St, New Ulm, MN 56073-3002

Estimated value:

$115,000

4,976 sqft 0.11 AC lot

101 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

101 Minnesota St, New Ulm, MN 56073-3003

Estimated value:

$225,000

2,900 sqft

125 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

125 Minnesota St, New Ulm, MN 56073-1729

Estimated value:

$245,000

2,500 sqft

1417 State St

RETAIL STORES (PERSONAL SERVICES)

1417 State St, New Ulm, MN 56073-3715

Estimated value:

$255,000

3,547 sqft

825 Broadway St

RETAIL STORES (PERSONAL SERVICES)

825 Broadway St, New Ulm, MN 56073-1203

Estimated value:

$240,000

2,709 sqft

1800 State St

RETAIL STORES (PERSONAL SERVICES)

1800 State St, New Ulm, MN 56073-1367

Estimated value:

$240,000

7,320 sqft

14 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

14 Minnesota St, New Ulm, MN 56073-1728

Estimated value:

$170,000

2,400 sqft

119 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

119 Minnesota St, New Ulm, MN 56073-1729

Estimated value:

$220,000

4,825 sqft

20 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

20 Minnesota St, New Ulm, MN 56073-1728

Estimated value:

$225,000

3,000 sqft

212 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

212 Minnesota St, New Ulm, MN 56073-1746

Estimated value:

$240,000

2,760 sqft 0.02 AC lot

106 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

106 Minnesota St, New Ulm, MN 56073-3004

Estimated value:

$230,000

3,580 sqft

5 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

5 Minnesota St, New Ulm, MN 56073-1727

Estimated value:

$220,000

4,476 sqft

206 Minnesota St

RETAIL STORES (PERSONAL SERVICES)

206 Minnesota St, New Ulm, MN 56073-1732

Estimated value:

$230,000

4,350 sqft

New Ulm, MN Retail Space Market Trends and Statistics

Explore 38 retail space for sale in New Ulm, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,322 square feet of properties for sale, with an estimated market value of $843,900.

Sale prices for retail space in New Ulm, MN start at $414,900, averaging $421,950, and reaching up to $429,000 — 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	$429K

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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