4 N Minnesota St - Retail FOR SALE


New Ulm, MN 56073
$439,900 USD
507-381-6927
4 N Minnesota St, New Ulm, MN for Sale
$439,900 USD
Retail - FOR SALE
1/42
null | Request Cap Rate

4 N Minnesota St
New Ulm, MN 56073


OVERVIEW

Welcome to 4 N Minnesota St., located in the heart of New Ulm’s vibrant and historic downtown business district. This beautifully restored and updated mixed-use building offers a unique opportunity for both investors and business owners alike. The retail space boasts stunning, original tile flooring and an intricately detailed pressed metal ceiling, creating a welcoming and timeless atmosphere. The open-concept design provides versatility for any business, while the mezzanine level adds extra dimension to the layout. A fully renovated bathroom complements the retail space, along with a clean, wide-open basement offering exceptional storage options. Upstairs, you'll find two fully leased apartments, secured through 2025, providing a steady rental income stream. Additionally inquire about the purchase of the current retail business Rustic! Don't miss this opportunity to own a piece of history with modern updates in a prime downtown location!

FOR SALE DETAILS

PRICE

$439,900 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4 N Minnesota St.

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,750 SF

ZONING

B-4

APN/PARCEL ID

00100106512121

ASK ABOUT THIS PROPERTY

Bruce TanhoffTrue Real EstateMore Info
507-381-6927

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Bruce TanhoffTrue Real EstateMore Info
507-381-6927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.