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The Miller Group
Gayle Miller, Broker
REALTOR®, CRS, SRES, MRP, CDPE, SFR
(763) 286-2900

123 N Minnesota Street , New Ulm, MN 56073

$414,900
SQUARE FEET 7,164
MLS# 7150112
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The Miller Group

The Miller Group
Call: (763) 286-2900

STATUS: Active
PROPERTY TYPE: Commercial - Retail
SUBDIVISION: North Of Center
SCHOOL: New Ulm
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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.

123 N Minnesota Street | MLS# 7150112

This commercial property located at 123 N Minnesota Street , New Ulm, MN 56073 is currently listed for sale with an asking price of $414,900. N Minnesota Street is located within the New Ulm school district. Search New Ulm real estate on www.gaylemiller.realtor today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.19 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $2,146
Year Built: 1880

Feature Descriptions

Current Use: Residential, Retail
Days on Site: 3
Foundation Size: 1791
Lot Dimensions: 25x165x25x165
Parcel#: 00100106706060
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 2
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: New Ulm

Listed By / Shown By

Listed By

Agency Name: True Real Estate
Agency Phone: 507-345-8783

Shown By

Agent Name: The Miller Group
Agent Phone: (763) 286-2900
Agency Title: Counselor Realty

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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