$ 449,900
4 N Minnesota Street New Ulm, MN 56073
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 449,900
Est. payment /mo
Active
4 N Minnesota Street New Ulm, MN 56073
UPDATED:
09/12/2024 05:16 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 7035905
Style Concrete Block
Year Built 1880
Annual Tax Amount $2,426
Tax Year 2024
Property Description
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!
Location
State MN
County Brown County
Area New Ulm/Hanska/Lafayette/Courtland
Direction N
Multi-Unit Info
Total Units 3
Interior
Heating Forced Air
Cooling Central
Exterior
Exterior Feature Brick
Amenities Available Restrooms
Waterfront No
Roof Type Flat
Present Use Retail (L)
Building
Foundation 1840
Sewer City
Water City
Structure Type Concrete Block
Schools
School District New Ulm #88
Others
Energy Description Natural Gas
Listed by TRUE REAL ESTATE