Storefront

New Ulm, MN Storefront Properties for Sale

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Two-Story Downtown Retail Building
Updated: Jul 7
Two-Story Downtown Retail Building

119 N Minnesota St, New Ulm, MN 56073

Contact for pricing
4,825 sqft
Built in 1880, this well‑maintained two‑story downtown building is currently home to an established retail gift shop.
Main floor features pressed‑tin ceilings, exposed brick, hardwood and vinyl plank flooring, a rear skylight, and an original wood staircase.
Second floor includes an existing kitchen, bathroom, and multiple separate rooms used for storage, with infrastructure in place for conversion or additional rentable unit(s).
Full basement offers extensive built‑in shelving plus additional storage or utility space.
Unfinished attic level provides further expansion potential.
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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.
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Street Retail and Upper-Floor Apartments
Street Retail and Upper-Floor Apartments

201-205 S Minnesota Ave, Saint Peter, MN 56082

$1,044,000
6,240 sqft

Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.

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Historic Mixed-Use Building
Historic Mixed-Use Building

122 S Minnesota Avenue, Saint Peter, MN 56082

$1,999,000
21,600 sqft

Historic multi-level property combining commercial spaces, apartments, and distinctive row houses under mixed-use zoning.

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End-Unit Retail Space
End-Unit Retail Space

1380 E Bridge Street #smiles, Redwood Falls, MN 56283

Contact for pricing
3,453 sqft

Finished retail space with strong natural light, ample parking, and a position within a major business district.

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Downtown Mixed-Use Building Opportunity
Downtown Mixed-Use Building Opportunity

226 S Washington St, Redwood Falls, MN 56283

$129,900

Turn-key commercial space with storefront front windows and two upstairs residential units, including one currently rented.

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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
Commercial Land

Premier Drive, Mankato, MN 56001

$300,000
0.75 AC lot

.75-acre out lot positioned along Highway 22 in front of Fleet Farm between Victory Drive and Highway 14.

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Business Park Commercial Land Lot
Business Park Commercial Land Lot

865/867/869 Meander Court, Medina, MN 55340

$120,000
0.15 AC lot

Commercially zoned lot in Rolling Greens Business Park, suitable for business services, retail, or medical development.

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High-Traffic Commercial Lot on Lake
High-Traffic Commercial Lot on Lake

2815 E Lake Street, Minneapolis, MN 55406

$205,000
0.16 AC lot

Commercial lot in high-traffic Minneapolis location, ideal for business.

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Industrial Land Parcel with Two Lots
Industrial Land Parcel with Two Lots

Kennard Street, Saint Paul, MN 55106

$78,900
0.29 AC lot

Industrial-zoned land sold as one offering two combined lots in Saint Paul.

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New Ulm, MN Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in New Ulm, MN on our real estate platform. These investment opportunities span a total of 4,829 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for retail units in New Ulm, MN average $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 $1.2M

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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