123 N Minnesota ST, New Ulm, MN 56073
123 N Minnesota ST, New Ulm, MN 56073
123 N Minnesota ST, New Ulm, MN 56073
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$414,900
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8,232 Sqft Lot
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123 N Minnesota ST New Ulm, MN 56073

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Team Steady

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision North Of Center

MLS Listing ID 7150112

Year Built 1880

Annual Tax Amount $2,146

Tax Year 2025

Contingent None

Lot Size 8,232 Sqft

Lot Dimensions 25x165x25x165

Property Description

Located in the heart of historic Downtown New Ulm, 123 N. Minnesota St is a mixed use split class commercial/residential homesteaded building. The first floor features a 1,791 sq ft retail space with basement storage and over 400 sq ft outdoor patio space. The first floor is ablank slate ready for your ideas and touches. The second and third floor have been combined into a 3,000 plus sq ft residential living space which includes just under 400 sq ft outdoor deck space on the third floor. At one time the second and third floors were separate living spaces. Go back to thatto double your return in rental income. This building was renovated in 2011 through the New Ulm Small Cities Development Commercial RehabilitationProgram. This renovation replaced windows on all three floors, main roof insulation / rubber membrane, and updated the front building façade with tuckpointing and Historical Society approved color pallet. The kitchen / dining room and bathrooms were updated and remodeled in 2015. The second floor has a kitchen and full bath, and the third floor has a kitchenette and full bath. Laundry has been added to the third floor.

Location

State MN

County Brown

Zoning Business/Commercial,Residential-Single Family

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate

Roof Type Flat

Present Use Residential,Retail

Building

Story Three Or More

Foundation 1791

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction false

Schools

School District New Ulm

Listed by Jeff Dittrich • True Real Estate

NEARBY SCHOOL & BUSINESS

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Team Steady

Team Steady

+1(952) 607-7436

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123 N Minnesota ST

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